Hilco Valuation Services
Doug is a seasoned financial professional with over 25 years of experience with diverse diligence, field exam, audit, credit, management, advisory, finance and investigation background. During his lending career Doug has performed or managed hundreds of field exams and specialized diligence assignments annually. He has hired, trained or worked with well over a hundred field exam professionals and staff.
Doug started Hilco Diligence Services in the fall of 2013 and currently has a team of 20 professionals. They are based in the US and the UK performing ABL field exams, fraud or forensic reviews and deal specific assignments for lenders, private equity firms and advisors—in syndicated or single lender deals as well as cross border transactions.
Doug began his career in public accounting, is a CPA and entered the asset-based lending industry as the Field Examination Manager for Fidelcor Business Credit. He managed a team of 25 staff based out of four offices throughout the US. He was responsible for managing his team in conducting new business surveys, recurring exams, hiring and training staff, as well as training outside resources. Many of the people Doug hired or trained over the years currently hold senior positions at various ABL lenders or field exam firms.
Doug was recruited from Fidelcor to join a JPMorgan predecessor bank (Manufacturers Hanover Trust) to start a defensive ABL function, which included a stressed credit diligence/field exam group and an in-house borrowing base monitoring function. During his tenure at JPMorgan, Doug held senior management positions at Chase Business Credit, JPMorgan Investment Bank, Special Credits (work out) and the Commercial Bank. His most recent role was Chief Operating Officer for Chase Business Credit.
Doug left Chase Business Credit to re-enter consulting and spent seven years at AlixPartners and FTI/Compass performing a wide variety of assignments including lender advisory work, restructuring engagements, investigations and litigation support work. Doug left the big consulting firms to start up his own firm Jupiter Advisory Group in 2011. In the fall of 2013 Doug joined Hilco to start a field examination and diligence services practice to augment its valuation business.
• Syracuse University, Bachelors Business Administration with an Accounting Concentration
• CPA, New York
• Member of AICPA, AIRA and TMA