Michael Cliff

Managing Principal
Michael Cliff
Denver

Education

Ph.D., business administration (finance), University of North Carolina at Chapel Hill; B.S., finance, Virginia Tech

Summary of Experience

Dr. Cliff is a financial economist with expertise in a range of topics, including asset valuation, mergers and acquisitions (M&A), solvency, tax shelters, stock analysts’ recommendations, IPOs, REITs, derivatives, and hedge funds. He has extensive experience with large financial datasets, sophisticated econometric models, and simulations. In his consulting engagements, Dr. Cliff has addressed business and asset valuation, analysis of complex financial structures, analysis of solvency and debt covenants, evaluation of investment strategies, damages modeling, class certification, and assessment of due diligence practices. In these assignments, he has managed large case teams, designed and performed analyses supporting expert reports, critiqued opposing expert reports, and assisted with preparation for depositions and trial. Dr. Cliff has also served as an expert on cases involving a variety of topics, including valuation, solvency, damages, and liquidity discounts. Prior to joining Analysis Group, Dr. Cliff was a finance professor for nine years at Purdue University and Virginia Tech, where he taught a variety of courses at the undergraduate, M.B.A., and Ph.D. levels. His academic research has been published in leading journals such as the Journal of Finance, the Journal of Business, the Journal of Financial and Quantitative Analysis, and Financial Management.

Michael Cliff
Practices