Corporate finance advisor Duff & Phelps Corporation has completed its acquisition of Kinetic Partners, a financial services advisory firm with an office in the Cayman Islands.
As a result of this transaction, Duff & Phelps will create a dedicated financial regulatory and compliance practice.
In addition to the regulatory and compliance practice, Kinetic Partners’ corporate recovery, forensic and tax practices will also join Duff & Phelps.
The Kinetic Partners’ audit practice is not included in the transaction and remains separate from Duff & Phelps.
Jacob Silverman, president of Duff & Phelps, said: “We are delighted to formally welcome Kinetic Partners to Duff & Phelps. Kinetic Partners’ founder, Julian Korek, who will lead Duff & Phelps’ new financial regulatory and compliance practice, has built a stellar reputation and dedicated team of professionals who have earned the trust of financial services clients around the world. We are confident that the Kinetic team will continue their superb work on behalf of these highly sophisticated clients.”
Duff & Phelps, Kinetic Partners, Cayman, Jacob Silverman