Houlihan Lokey announced that Timothy Steffen has joined as a managing director within its global industrials group, where he will help bolster the firm’s efforts in the building materials and forest products sectors.
Previously, Steffen was co-head of the Americas industrials practice as well as the European industrials practice at Nomura Securities in New York and London. Prior to his position at Nomura, he was a managing director at Lehman Brothers in London and New York. -Business Wire
Houlihan Lokey announced that Stephen Winningham has joined as managing director and co-head of European corporate finance in the firm’s London office.
Winningham, formerly with Lloyds Banking Group, will work alongside Brian McKay, managing director and fellow co-head of European corporate finance, and will focus on further developing the firm’s European M&A and financing business. He will report to Scott Adelson and Robert Hotz, senior managing directors and global co-heads of the firm’s corporate finance business.
Winningham was recently head of major corporates at Lloyds Banking Group, overseeing the group’s coverage of U.K. and U.S. investment grade corporate clients. Prior to this, he was global head of Lloyds Banking Group’s financial institutions business. Prior to Lloyds Banking Group, he was group head of the Asia industrials and M&A groups at Salomon Brothers/Citigroup in Hong Kong. He also held leadership roles at Paine Webber and Kidder Peabody & Co. in New York (both now part of the UBS Group). He started his investment banking career at Drexel Burnham Lambert. -Business Wire
Houlihan Lokey announced that Steven Tishman has joined as global head of the mergers & acquisitions group.
Tishman will help spearhead Houlihan Lokey’s ongoing domestic and international expansion in corporate finance.
Tishman brings more than 25 years of experience to the position, including the past nine years as co-head of U.S. M&A at Rothschild. Prior to that, he held senior-level roles at Robertson Stephens, and Bear, Stearns & Co. -Business Wire
Houlihan Lokey announced that John Bautista has joined the firm as a director and co-head of tax and financial reporting valuation (TFR) for the U.S. Northeast region.
Bautista brings a broad range of experience in advisory services associated with mergers and acquisitions, including purchase price allocations, asset impairments, fairness opinions, carve-outs and divestitures, private equity and restructuring transactions. Prior to joining Houlihan Lokey, he was an executive director of Ernst & Young’s transaction advisory services practice where he focused on technology, asset management, hospitality, retail, industrial products, telecom and other service sectors. -Business Wire
Houlihan Lokey, an international investment bank, today announced that Oliver d’Oelsnitz has joined as a managing director and head of financial advisory’s European financial institutions coverage.
D’Oelsnitz will be a key member of the financial advisory services business in London, advising financial institutions on asset valuation, regulatory risk management, liquidity, and asset and liability management issues.
D’Oelsnitz brings close to 30 years of investment banking and commercial banking experience to his new role, including senior-level positions at financial institutions throughout the United States and Europe. Most recently, he was a managing director at Pan American Financial Resources, the financial advisory subsidiary of a family office, where he was responsible for establishing a portfolio of funds in the real estate, infrastructure and debt sectors. He also advised, structured and arranged the capital structure for various corporate finance and large-scale infrastructure project finance transactions for the group and its partners. Prior to this, he was a managing director and global head of corporate finance at WestLB AG in London. He previously spent 14 years in various leadership roles at DZ Bank in New York and Frankfurt. He spent the early years of his career at Salomon Brothers and Deutsche Bank.
Houlihan Lokey announced that Weimin Chen has joined as a managing director and head of China for the firm.
Chen will be responsible for overseeing the firm’s investment banking business in the mainland China market. He will also be responsible for the further development of the firm’s corporate finance, financial advisory and financial restructuring businesses.
Previously, Chen was with Lazard China for more than four years, where he was general manager and director of Lazard’s Beijing office, responsible for the firm’s coverage efforts in China. During the past two decades, he has held senior roles at international and Chinese organizations. Prior to Lazard, he was the chief financial officer of Trina Solar in China. -Asia Pulse
Houlihan Lokey announced that Jeffrey Altman has joined the firm as a managing director in the newly formed real estate strategic advisory group.
Altman, who spent the past 13 years at Lazard, will focus on merger and acquisition advisory, capital raising and other strategic advisory mandates for public and private real estate companies, lenders and investors.
Prior to joining Houlihan Lokey, Altman most recently advising Extended Stay Hotels and Highland Hospitality in their merger, acquisition and restructuring transactions. He has also advised Centro Properties, Starwood Hotels & Resorts, Mack-Cali Realty, Town and Country Trust and JDN Realty Corporation, among others. -Business Wire
Houlihan Lokey announced that Jerome M. Schwartzman and Andrew Deren have joined the firm’s transaction advisory services (TAS) practice as part of the group’s on-going expansion.
Schwartzman joins the New York office as a director and head of M&A tax due diligence services. He is a transactional attorney with a broad range of domestic, foreign and cross-border tax due diligence and tax structuring experience for both private equity and corporate clients. Previously, he initiated and led the M&A tax services group at Duff & Phelps, where he managed due diligence teams and worked closely with corporate and tax counsel to resolve acquisition structure and deal issues.
Deren joins the Chicago office as a president vice president, where he will focus on expanding Houlihan Lokey’s TAS efforts. Prior to joining Houlihan Lokey, he was a senior vice president in Mesirow Financial Consulting’s corporate recovery practice, specializing in distressed M&A. Prior to joining Mesirow Financial Consulting, he was a senior manager at Deloitte & Touche in the M&A transaction advisory services group. -Business Wire
Houlihan Lokey announced that Marc Ellegaard has joined its London office as a director and head of financial advisory services (FAS) business development in Europe, the Middle East and Africa (EMEA), to further strengthen and develop the firm’s FAS business for the EMEA region.
Ellegaard will be responsible for origination efforts across a wide range of services, including hedge fund and private equity portfolio valuations, fairness and solvency opinions, purchase price allocations, goodwill and asset impairment analyses, and dispute resolution consulting. He will report to E.W. “Sandy” Purcell in London, head of Houlihan Lokey’s international FAS practice.
Ellegaard was previously with Emirates National Bank of Dubai, where he was head of corporate finance & advisory and worked on a number of corporate and government-related accounts across a range of industry sectors, helping to build up the bank’s investment banking franchise. Prior to this, he was a director in corporate finance & ratings advisory at Merrill Lynch Europe, providing financial advice and ratings advisory services to major European corporate clients. He has also worked for Chase Manhattan Bank and General Electric Capital.
Houlihan Lokey announced that Nicolas Zintl has joined as a director in Frankfurt, where he will focus on expanding the firm’s M&A advisory business in Germany.
Zintl, a German national, brings more than 12 years of investment banking experience in a broad range of sectors, products and geographies. He joins from Barclays Capital, where he led the firm’s M&A effort in Germany and acted as a coverage officer for a large number of German corporate clients. He has worked on a number of high-profile transactions in the region, including advising Porsche on the increase of its stake in Volkswagen and EWE AG on the acquisition of swb AG. He started his career at JPMorgan, where he worked in the London, Frankfurt and Tokyo offices.
Houlihan Lokey announced that Eileen Kamerick has joined as a managing director and chief financial officer.
Kamerick will be responsible for leading the firm’s global financial management operations, including reporting, capital structure, taxes and treasury.
Prior to joining the company, Kamerick served as chief financial officer and chief legal officer for TectaAmerica. -Business Wire
Houlihan Lokey announced major promotions.
The following have been promoted to senior managing director: Anita Antenucci – corporate finance; Bill Peluchiwski – corporate finance; Sandy Purcell – financial advisory services.
The following have been promoted to managing director: Gary Brewster – financial advisory services; Mark Goldman – financial sponsors coverage; Steve Hughes – corporate finance; Brad Jordan – financial restructuring; Niklas Lerche – financial restructuring; Matthew Mazzucchi - financial restructuring; Karen Miles – financial advisory services; Derek Pitts – financial restructuring; and Stephen Spencer – financial restructuring.
The following have been promoted to director: Jeffrey Arnesen – financial sponsors coverage; Christina Carroll – financial advisory services; Kushal Kapadia – corporate finance; Manuel Martinez-Fidalgo – financial restructuring; Ann Miller – financial restructuring; Andrew Morrow – financial restructuring; Rit Amin – corporate finance; Robert Rosenberg – financial advisory services; Reid Snellenbarger – financial restructuring; Setch Subudhayangkul – corporate finance senior vice presidents; Scott Alford – corporate finance; Helen Cheng – financial advisory services; Chris Foley – financial restructuring; Dan Gissinger – financial restructuring; Nickolay Ivin – financial advisory services; Scott Jackson – financial restructuring; Michael Jenny – corporate finance; Matthew Kaczmarek – corporate finance; Jason Price – corporate finance; Matthew Ryan – corporate finance; David Salemi – financial restructuring; Thomas Seward – financial restructuring; John Song - corporate finance; Terry Treemarcki – financial advisory services; Andrew Walter – corporate finance and Malte Wulfetange – financial restructuring.
The following have been promoted to vice president: Hamadi Ben Mustapha – corporate finance; Matthew Bowersox – corporate finance; Alexander Clinton – financial advisory services; Nathan Court – financial restructuring; Kinga Elo - financial advisory services; Kevin Hou – financial advisory services; Andrew MacNamara – financial advisory services; Daniel Mallegni – corporate finance; Michael McDermott – financial advisory services; Michael Morabito – corporate finance; Daniel O’Donnell – financial advisory services; Michael Pisani – corporate finance; Alexey Raskin – financial restructuring; Arun Reddy – financial restructuring; and Youmna Salameh – financial advisory services. -Business Wire
Houlihan Lokey announced that Francie Heller has joined the firm to run its pension fund advisory practice as a managing director.
Heller’s pension group will focus exclusively on building relationships with public and corporate pension funds, foundations and endowments.
Heller is a 20-year pension industry veteran. She comes from Chilton Investment Co. where she was a managing director of pension fund solutions. She has worked at Bears Stearns & Co., where she ran the pension, endowment and foundation services group, and at MBIA, where she launched the firm’s asset management business. -Investment Management Weekly
Houlihan Lokey announced that William S.J. Hood has joined the firm’s consumer, food & retail group as a director, focusing on the consumer products sector.
Mr. Hood will be responsible for non-food consumer products including personal care, consumer health, household products and housewares.
Mr. Hood brings almost eleven years of consumer products related M&A transaction experience to Houlihan Lokey. Prior to joining the firm, he was a partner and director at Sawaya Segalas, a firm he joined at its inception. He was also previously at PaineWebber where he executed M&A, equity and debt transactions for various companies. His most recent transaction experience includes the sales of Beiersdorf’s Futuro business to 3M, CNS (Breathe Right brand) to GlaxoSmithKline, Advantage Sales & marketing to J.W. Childs and Merrill Lynch Global Private Equity, Punica to PepsiCo (Germany), Medtech to GTCR, and JB Williams to Combe, among many others. -Business Wire
Houlihan Lokey announced that Christopher D. Cerimele has joined the firm’s industrials group as a director and head of the chemicals practice.
Mr. Cerimele will provide investment banking services to the chemicals industry globally, with coverage of all major sub-sectors including, but not limited to, organic and inorganic chemicals, specialty and fine chemicals, agrochemicals, pharmaceutical chemicals and specialty materials.
Prior to joining Houlihan Lokey, Mr. Cerimele spent more than seven years with Lincoln International, where he founded the firm’s chemicals practice and served as its global co-head of chemicals and head of chemicals for North America. -Business Wire
Houlihan Lokey announced that Robert Hyer joined the firm from Greenhill to head a new practice focusing on companies in the financial technology industry.
Hyer, a 23-year veteran, will be joined by Bruce Urbanek, a financial technology specialist formerly with Goldman Sachs and Citigroup.
Hyer also spent nine years at Citigroup, where he established the bank’s global electronic services group. -Company Website
Houlihan Lokey announced that Charles W. Mills has joined the Atlanta office as a managing director, heading up mergers and acquisitions for the Southeast U.S. region.
In his new role, Mr. Mills will provide strategic financial advice to leading companies in the southeast and will assist clients in raising capital and mergers and acquisitions.
Before joining Houlihan Lokey, Mr. Mills headed Macquarie Capital’s M&A practice in the Southeast U.S. region. He also previously served as managing director and head of the industrial practice group at SunTrust Robinson Humphrey, where he specialized in providing private equity and corporate clients with financial advisory and capital raising services.
Houlihan Lokey announced that Bing Chen has joined the Hong Kong office as a managing director.
Mr. Chen will be responsible for spearheading the growth of Houlihan Lokey’s financial advisory services business unit in Asia.
During the past two decades, Mr. Chen has held leadership positions at global institutions in Asia, the United States and Europe. He has extensive experience and success in the areas of corporate development, restructuring, investment banking and financial advisory services. Prior to joining Houlihan Lokey, he served as the chief executive officer of a European specialty financing company. -Business Wire
Houlihan Lokey announced that it has acquired Libra Securities founder Jess Ravich, who joins Houlihan Lokey as a managing director and head of debt capital markets.
Mr. Ravich brings a unique combination of capital markets experience coupled with the entrepreneurial experience of building a successful investment bank.
Mr. Ravich was founder, president and CEO of Libra Securities with supervision over sales, trading and capital markets and corporate finance transactions. Prior to that, he was executive vice president of the fixed income department at Jefferies. Prior to Jefferies, Mr. Ravich was at Drexel Burnham Lambert where he was a member of the executive committee of the high yield group and shared responsibility for running high yield trading from 1988 until Drexel closed in 1990. -Business Wire
Houlihan Lokey announced that Dr. Kai-Ching Lin, Ph.D. has joined the firm’s New York office as a managing director, specializing in the valuation of complex securities including structured products and derivatives.
Prior to joining the firm Dr. Lin was a managing director in the financial engineering practice of Duff & Phelps. Earlier, he was the global head of quantitative methodology in the valuation risk group at Credit Suisse, where he was responsible for developing valuation risk methodology for the trading of derivatives tied to products such as: equities, interest rates, credit, mortgages, commodities and life insurance. -Business Wire
Houlihan Lokey announced the launch of a dedicated transaction advisory services group which will provide clients with comprehensive financial and tax due diligence services as they evaluate acquisition or investment targets. The group will be led by Sam W. Clark, managing director in the company’s Dallas office.
As part of this expansion, three new executive hires join the company as senior vice presidents in the firm’s Dallas office.
Jack Elliott, most recently with Celanese Corporation and Brian Sipes, most recently with Flowserve Corporation, were previously directors of PricewaterhouseCoopers’s transaction services practice.
Travis Pittman was most recently a partner at the Lockton Companies and previously provided transaction due diligence services at KPMG and Deloitte & Touche. -Business Wire
Houlihan Lokey announced that Michael McMahon has joined the firm as a managing director and head of the financial institutions group. Prior to joining the firm, Mr. McMahon was a managing director and co-head of diversified financials at Morgan Stanley where he focused on specialty finance and alternative asset management companies. Mr. McMahon joins the existing team which is based in the New York office and will report to Bob Hotz and Scott Adelson, global co-heads of investment banking. -Business Wire
Houlihan Lokey announced that Justin Abelow has rejoined the firm. He will resume his role as a managing director of the financial sponsors coverage group and will focus on private equity coverage in the United States and Europe. Mr. Abelow joins from Deutsche Bank, where he was a managing director in its financial sponsors group. Based in the New York office, he will report to John Mavredakis, senior managing director and head of the financial sponsors coverage group. -Business Wire
Houlihan Lokey has announced the following promotions: newly appointed managing directors: Tanja Aalto, Scott Kolbrenner, David Misch, George Odden, David Roberts, Michael Siegel, Eric Winthrop.
Newly appointed directors: Marc Asbra, Laurent Benshimon, Michael DeLuke, Gijs de Reuver, Joshua Fox, John-Paul Hanson, Michael Krakovsky, Niklas Lerche, Brett Lowrey, John McIntosh, Glenn Neblett, Toby Pearce, Warren Romine, Kevin Salmini, Mark Schade, Timothy Smith, Jean Stack, Kevin Stephens, Dan Sullivan, Jeffrey Tarbell, Jennifer Wong.
Newly Appointed senior vice presidents: Oscar Aarts, Reed Anderson, Michael Boone, Asher Cohen, Luca Crenna, Kevin Hsieh, Ranon Kent, Kathleen Lauster, Geoffrey Ligibe, Bradley Meyer, Karl Schmidt, Yoon Song, Fredrick Vescio, Dimitar Voukadinov, Lucia Wallace.
Newly appointed vice presidents: Michael Abramson, Michael Bett, Lyle Chastaine, Todd Hanson, Joshua Langdon, Angelo Lorenzana, Michael McElhenney, Hugh Nelson, Phillip Preis, Didier Saintot, Ryan Sandahl, Michael Thomas and Yanson Wu.-Business Wire
Houlihan Lokey announced that Bruce McDonald has joined the firm as a managing director and head of the transportation & logistics group. Mr. McDonald joins from Wachovia Securities where he was a managing director of industrial growth and services investment banking. Based in the D.C. office, he will report to Anita Antenucci, managing director and an advisory member of the Houlihan Lokey board of directors.-Business Wire
Houlihan Lokey, the international investment bank, today announced that Marc Hayn and Tim Laas have joined the Frankfurt office to further strengthen and develop the firm’s Financial Advisory Services (FAS) business in Germany and Northern Europe.
Marc Hayn joins as a managing director and head of Northern European FAS and Tim Laas joins as a senior vice president. They were both previously with Ernst & Young in Frankfurt. Marc will report to E.W. (Sandy) Purcell in London, who, together with Jean-Florent Rérolle in the firm’s Paris office, co-heads Houlihan Lokey’s European FAS practice. Marc and Tim will also be recruiting other specialists to further expand the FAS team in Frankfurt.
Commenting on these appointments, Sandy Purcell said, “These recent hires demonstrate our commitment to the continued growth of our financial advisory services in Europe, including independent valuations and financial opinions, which our clients have come to rely upon. We see an increasing demand for these services in the German speaking region and are confident that Marc and Tim’s technical ability and local knowledge will help us to further strengthen our brand there.â€
In Europe, Houlihan Lokey’s Financial Advisory Services team has worked across a range of sectors with a variety of major clients, including Grohe Holding, Euronext, France Telecom, Eurotunnel, Virgin Media and Cheyne Finance.
Houlihan Lokey announced that it has hired Terence ‘Tad’ Flynn as a Managing Director of Corporate Finance where he will co-head the Financing Group and focus on structured private placements for public and private companies, as well as capital markets advisory work. Mr. Flynn joins from UBS Investment Bank where he was head of the Alternative Capital Markets Group. He will report to Scott Adelson and Bob Hotz, Global Co-Heads of Investment Banking, and he is based in the New York office.-Business Wire
Houlihan Lokey announced that it has hired Julie Silcock as a managing director in the Dallas office. Ms. Silcock joins the firm from Citigroup Global Markets where she was a managing director, founder and head of its Southwest Investment Banking division. She joins managing director Rick Lacher in the firm’s Dallas office. Together, they will continue to expand Houlihan Lokey’s investment banking business in the Southwest.
Prior to Citigroup, Ms. Silcock was a managing director at Donaldson, Lufkin & Jenrette in Dallas where she was a generalist with significant business in the consumer, industrial, media, and telecom and technology sectors.-Business Wire
Houlihan Lokey has hired Paul Sanabria and Jeff Hammer as managing directors to focus on the secondary market for partnerships and private investments held by institutional investors. Previously, they were senior managing directors at Bear Stearns. They are based in New York, reporting to Bob Hotz and Scott Adelson, global co-heads of investment banking.-Daily Deal
Houlihan Lokey announced that Rit Amin has joined the firm as a senior vice president in the private finance practice. Mr. Amin will be based in the Los Angeles office and will report to Noel Ryan, managing director and co-head of the private finance practice. He will focus on raising senior, mezzanine debt and private equity capital for leveraged buyouts and acquisition financings, as well as recapitalizations and refinancing for the firm’s clients across all industry sectors. Before joining Houlihan Lokey, Mr. Amin was a director in Wachovia Securities’ leveraged finance group.-Business Wire
Houlihan Lokey announced that Kevin W. McMurchy has joined the New York office as a managing director in corporate finance. Mr. McMurchy will report to Jim Murray, and will be a senior member of the firm’s financial institutions group. Prior to joining Houlihan Lokey, Mr. McMurchy held senior investment banking positions with Merrill Lynch Capital Markets, Kidder Peabody, Deutsche Morgan Grenfell, and Keefe, Bruyette & Woods.-Business Wire
Houlihan Lokey announced that Matthew Niemann has rejoined the firm as a managing director and co-head of Houlihan Lokey’s Midwest restructuring Practice.
Mr. Niemann joins from Cerberus Capital Chicago, an affiliate of Cerberus Capital Management, where he was a managing director and focused on private equity and lending investments. He also worked with GMAC ResCap, a Cerberus Capital portfolio company.
At Houlihan Lokey, Mr. Niemann will focus on providing restructuring advice to companies and their constituents.-Business Wire
