Armory strengthens asset management team with distressed debt senior hire

LOS ANGELES, Nov. 2, 2017 /PRNewswire/ -- Industry veteran James Duplessie joins Armory Group, LLC ("Armory") as Senior Principal, bringing over 25 years of experience investing in middle market distressed companies. James will work with Nick Tell, Armory's Co-Founder and Portfolio Manager, to help identify, evaluate and execute on distressed investment opportunities in the middle market. James will also help oversee Armory's other investment strategies which includes discounted high yield bonds and leveraged loans for middle market companies.

James began his investing career in the early 1990's with O'Connor & Associates. He later co-founded Epic Asset Management to focus on investing in middle market distressed companies. Epic was acquired in 2008 by Citigroup, where James served as Head of Distressed Debt Strategies. Most recently, James led the Distressed Debt Team for Napier Park Global Capital, the entity formed when Citigroup spun out its hedge fund group in 2010.

"With a large portion of middle market high yield debt expected to mature in the next two years, we believe we are approaching the start of another distressed debt cycle for middle market investing," said Nick. "James' extensive experience, relationships and track record in distressed investing will be advantageous for Armory's middle market platform, and its ability to execute on attractive investment opportunities for its investors. We are honored to have him on our investment team."

James earned a B.A. in Economics from Washington and Lee University, a J.D. from Wake Forest University School of Law, and an M.B.A. from Tulane University. 

James can be reached at 310.220.6047 or at [email protected].  

About Armory Group, LLC
In addition to Armory's asset management capabilities, Armory is an award-winning financial services firm that provides consulting and investment banking services to middle market companies and their stakeholders. Our collective range of service offerings enables our team to deliver senior level attention and in-depth industry knowledge to identify comprehensive, situation-specific solutions for our clients. For more information on Armory Group and Armory's asset management group, please visit armorygroupllc.com.

SOURCE Armory Group, LLC

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