Houlihan Lokey Further Expands Equity Private Placement Offering With Senior Hire
April 10 2024 - 4:00AM
Business Wire
Dr. Ashish Patel Joins as a Managing Director
Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank,
announced today that Dr. Ashish Patel has joined the firm as a
Managing Director in its Capital Markets Group to further expand
its equity private placement capability and presence in Europe.
Based in the firm’s London office, Dr. Patel will focus on
providing equity solutions, including growth capital and structured
equity, for leading European companies across a range of
sectors.
Dr. Patel joins from Deutsche Numis, where he was Managing
Director and Head of Growth Capital Solutions, leading the private
capital advisory business, focusing on serving high-growth global
clients. During his tenure, he focused primarily on healthcare and
life sciences, climate tech, and enterprise software, assisting
founders from 11 countries. Prior to this, Dr. Patel worked as a
global investor leading venture capital and growth equity deals for
Optum Ventures and served as a lead healthcare and life sciences
investor at Mercia Asset Management. He is also a qualified doctor
in anesthetics and critical care.
David Kelnar, Managing Director in Houlihan Lokey’s Capital
Markets Group, commented, “I’m delighted to be welcoming Ashish to
the firm. Having worked with him previously, I’m familiar with the
unique qualities he offers as both an advisor and a leader,
combining operational scale-up expertise with investment advisory
acumen and a unique breadth of sector knowledge. I look forward to
recommencing our partnership and cementing Houlihan Lokey’s
position as the market leader in the provision of equity capital
solutions for ambitious European companies.”
“Hiring an advisor of Dr. Patel’s caliber is yet another
milestone in the ongoing development of our global private equity
placements team, as we continue to provide bespoke capital
solutions to our increasing portfolio of global clients as they
navigate complex financial landscapes,” said Anthony Martino,
Global Co-Head of Houlihan Lokey’s Capital Markets Group. “The
appointment exemplifies our commitment to attracting and developing
a team of senior, experienced advisors with an unparalleled depth
of expertise to deliver exceptional results on a global scale.”
“Houlihan Lokey’s ambitious growth plans for private capital in
Europe, coupled with the firm’s longstanding reputation for having
a dynamic, client-focused culture, made joining the firm a
compelling opportunity. I look forward to leveraging my experience
of advising leading growth-stage companies to deliver exceptional
results for the firm’s growing client base,” said Dr. Patel.
Houlihan Lokey is the trusted advisor to more top
decision-makers than any other independent global investment bank.
In 2023, Houlihan Lokey’s Capital Markets Group raised and advised
on more than $14 billion in capital across approximately 100
transactions with 65 different financial sponsors across six
countries.
About Houlihan Lokey
Houlihan Lokey (NYSE:HLI) is a global investment bank with
expertise in mergers and acquisitions, capital markets, financial
restructuring, and financial and valuation advisory. The firm
serves corporations, institutions, and governments worldwide with
offices in the Americas, Europe, the Middle East, and the
Asia-Pacific region. Independent advice and intellectual rigor are
hallmarks of the firm’s commitment to client success across its
advisory services. The firm is the No. 1 investment bank for all
global M&A transactions, the No. 1 M&A advisor for the past
nine consecutive years in the U.S., the No. 1 global restructuring
advisor for the past ten consecutive years, and the No. 1 global
M&A fairness opinion advisor over the past 25 years, all based
on number of transactions and according to data provided by LSEG
(formerly Refinitiv).
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