In 2010, Defoe Fournier & Cie. business lines were restructured as it was clear that there were two groups of partners in the firm with differing strategic views. There were the traditionalists who saw little need for change of the firm's historical business or further expansions into new lines of business. Then there was the group of partners which was expanding the firm's small and mid-size company-oriented business. As a result, the firm's emerging company merchant banking and project and commodity finance activities were spun off as Defoe Redmount which was created as a separated company with head offices in New York.