Houlihan Lokey sees mid-cap opportunity in ECM advisory

Debt restructuring and advisory specialist Houlihan Lokey is launching a European equity capital markets (ECM) advisory practice under William Marshall, an ECM banker who has joined from the equity advisory team at Rothschild and who previously worked in equity syndicate and UK investment banking at Bank of America.

Houlihan Lokey, which has broadened its capital markets franchise well beyond its US debt advisory roots in recent years through organic expansion and a series of acquisitions, is looking to round out its European investment banking offering through the establishment of the new ECM advisory business.

For Marshall, part of the appeal of joining the firm was its status as one of the few investment banking growth stories in the current environment.