Greg Durst joins Seabury Americas Consulting as Executive Director

New York, November 7, 2011 – Seabury Group LLC, global investment banking, management advisory and investment management firm, announced that Mr. Greg Durst has been appointed Executive Director of the Americas Consulting practice area. In that role, Mr. Durst will deepen the firms’ client relationships in aviation and related sectors and will grow its capacity from a human capital perspective.

Greg Durst returns to North America after nearly 15 years living and working overseas. He is a seasoned professional with experience in developed and emerging markets, having worked in Africa, India and Latin America, the United States and Europe.

Mr. Durst’s 20 years of professional experience includes strategy consulting, private equity investment, general management, corporate finance and entrepreneurship development. Mr. Durst has worked in a broad range of industries, including airlines, energy, mining and minerals, technology and financial services.

Most recently, Mr. Durst has been working as a senior advisor on strategy issues for the largest energy company in Africa. Mr. Durst’s previous experience in strategy consulting was primarily with Bain & Company for airlines, private banking, retail banking, private equity, metals and diamond clients.

In the private equity realm, he was a Principal at Horizon Equity Partners, the most experienced mid-size growth capital provider in the Southern African. In this capacity, he was responsible for new deal generation and investor relations. He has also advised private equity funds on due diligence, capital raising and new market entry.

For three years, Mr. Durst was the Managing Director of Endeavor South Africa, an affiliate of Endeavor, an emerging markets-focused entrepreneurship accelerator. In this capacity, Mr. Durst tripled the portfolio of companies served and set the foundation for Endeavor’s further growth in South Africa.

In a general management capacity, Mr. Durst has successfully led the turnarounds for several organizations, including strategy definition, staff reductions, sales enhancement and leadership change. His work on Wall Street included energy corporate finance at Chase Manhattan and leveraged buyouts at Groupe Paribas.

Mr. Durst holds a Bachelor of Science degree in Finance from Georgetown University and an MBA from Harvard University.

About Seabury Group

The Seabury Group is a global investment banking, advisory and investment management firm providing investment banking, restructuring/corporate recovery, management consulting, IT development, human capital and investment management advisory services. Seabury professionals have in-depth experience in a broad range of industries including aerospace, automotive, aviation, cargo, consumer products, distribution, financial services, gaming, infrastructure (ports and airports), logistics, maritime and manufacturing. Seabury has advised on more than 500 client engagements around the world. Seabury’s operations span Africa, Australasia, Asia, Europe, the Middle East, and the Americas with principal offices in New York, London, Amsterdam, Hong Kong, Los Angeles, Minneapolis, Toulouse, and Washington, D.C., and additional representative offices in Dublin, Dallas/Fort Worth, Houston, and Singapore.

Seabury is the leading global advisor to the aviation industry, having successfully managed seven of the 10 largest airline restructurings or corporate recoveries in the world, and raised over $30 billion of capital financing, including advising on over $3.5 billion of equity financings. Seabury’s investment banking and corporate advisory team has corporate restructuring and insolvency experience representing companies on distressed M&A transactions, refinancing, recapitalizations, and debt renegotiations. Seabury offers financial services through SeaCap Partners a strategic advisory and merchant bank focused exclusively on the global investment management industry.

Landmark assignments include advising Cathay Pacific Airways on strategic planning and a multi-billion new widebody aircraft order (2009-2010); providing comprehensive profit improvement programs for several major African and Middle East carriers (ongoing); completing a highly successful $525 million liquidity raise for US Airways (November 2009); advising United Air Lines on a multi-billion dollar order of new widebody aircraft (December 2009), and completing a Cdn$1.0 billion liquidity raise for Air Canada (September 2009), the restructuring, recapitalization and sale of Frontier Airlines (October 2009), and advising on the restructuring and sale of Midwest Airlines (July 2009). Additional landmark deals include: raising $1.1 billion for US Airways Group, Inc. (October 2008); restructuring and raising over $2 billion of new equity and debt capital for Northwest Airlines (September 2007), for which Seabury was awarded Airfinance Journal’s “North American Deal of the Year”, successfully completing a restructuring and comprehensive corporate turnaround program for South African Airways (2006-2007); and serving as both M&A advisor and raising over $2 billion of equity and debt financing for the merger of US Airways with America West Airlines (2005). For more information, please visit: www.seaburygroup.com