When a boutique investment bank with a global track record decides to plant a flag in the Rocky Mountains, it signals more than just a new address — it points to where the next wave of distressed dealmaking may be heading. DelMorgan & Co. is making that bet explicit with two coordinated moves announced today.
ASPEN, CO, UNITED STATES, October 27, 2026 /EINPresswire.com/ — DelMorgan & Co. has named Alex Kasdan, a Senior Managing Director, to lead the Firm’s Restructuring Practice, while simultaneously launching operations in Aspen, Colorado. The expansion places the firm squarely in a region where technology, biotech and industrial sectors converge — a strategic corridor the bank believes is ripe for growth.
Kasdan, who has been with DelMorgan’s Santa Monica, California office since 2012, will now oversee the new Aspen location. His mandate is to deepen the firm’s already substantial M&A, restructuring and corporate finance expertise, with a particular focus on guiding companies through financial turbulence. That work will span advising on M&A and capital-raising transactions, as well as representing debtors, creditors and other parties in both court-supervised and private restructuring efforts, including distressed asset purchases. Kasdan will also keep hosting live Expert Webcast roundtables featuring leading voices in M&A, bankruptcy and corporate finance.
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“Colorado is a key geography for our next chapter of growth, and I am also very excited to leverage DelMorgan’s expertise in Mergers & Acquisitions — and especially in distressed M&A — by focusing even more on restructuring matters, as many companies across industry lines are starting to experience financial and operational distress and are in need of expert guidance to preserve value and optionality,” said Kasdan.
Neil Morganbesser, President & CEO of DelMorgan & Co., framed the move as part of a broader commitment to client service. “As a Firm, we are committed to expanding our geographic reach and practice areas to serve our growing roster of clients, who call on us for their most pressing transactional, restructuring and capital needs,” he said. “Alex Kasdan’s expertise in the field of distressed and restructuring advisory services is exceptional, and our commitment to bolstering our presence in the Rocky Mountain states through the opening of an Aspen office is an exciting milestone for DelMorgan as we continue to provide M&A and corporate advisory services to our clients.”
About DelMorgan & Co.
With over $300 billion of successful transactions in over 80 countries, DelMorgan’s Investment Banking professionals have worked on some of the most challenging, most rewarding and highest profile transactions in the U.S. and around the globe. DelMorgan specializes in capital raising, M&A and restructuring advisory services for companies across all industries and is recognized as one of the leading investment banking practices in California and globally.
Media contact:
Neil Morganbesser
DelMorgan & Co.
nm@delmorganco.com
Alex Kasdan
DelMorgan & Co.
ak@delmorganco.com
T +1 310-319-2000
Alex Kasdan
DelMorgan & Co.
+1 310-980-1718
Why it matters: As economic pressures push more companies toward financial distress, DelMorgan’s leadership change and geographic expansion position it to capture a growing wave of restructuring work. The move also signals that mid-market advisory firms are increasingly looking beyond traditional coastal hubs to find opportunity in the Mountain West’s emerging corporate landscape.
