Houlihan Lokey Adds Timothy Steffen

Timothy Steffen has joined investment bank Houlihan Lokey as a managing director within its global Industrials Group, the firm announced. Steffen, previously co-head of the Americas Industrials Practice as well as the European Industrials Practice at Nomura Securities in New York and London.


Houlihan Lokey, an international investment bank, today announced that Timothy Steffen has joined as a Managing Director within its global Industrials Group. Mr. Steffen, previously co-head of the Americas Industrials Practice as well as the European Industrials Practice at Nomura Securities in New York and London, will help bolster the firm’s efforts in the Building Materials and Forest Products sectors.


“Tim has a proven track record of building lasting relationships globally and his extensive experience in M&A, capital raising and restructuring will be a great addition,” said Bill Peluchiwski, Senior Managing Director and Co-Head of the Industrials Group. “Our Industrials Group is one of the largest and most active in the market and Tim’s appointment reinforces our growth trajectory.”


Commenting on the hire Jim Lavelle, Managing Director and Co-Head of the Industrials Group said, “Tim is a seasoned banker with excellent market knowledge and insights in these sectors. Financial sponsors and corporate clients are delighted with his strategic thinking and range of transaction experience. We are pleased to add another banker of Tim’s caliber to our team as we increase our capabilities in this area.”


Prior to his position at Nomura, Mr. Steffen was a Managing Director at Lehman Brothers, Inc. in London and New York. “I’m excited to join Houlihan Lokey and further help develop and manage relationships with a broad-based set of companies that are important to the firm’s global Industrials franchise,” said Mr. Steffen. “I look forward to working closely with Bill and Jim to provide the firm’s corporate and financial sponsor clients with comprehensive capital raising and financial advisory services.”


Mr. Steffen began his investment banking career in the early 1990s and has held varying positions at Merrill Lynch & Co., Warburg Dillon Read LLC, and Morgan Stanley & Co., among others. He holds a B.A. in economics and English literature and an MBA from the University of Michigan.


Houlihan Lokey’s continued expansion of the Industrial Group includes the recent addition of Aaron Dannenberg, a Director in Capital Markets in the New York office. Mr. Dannenberg has more than 15 years experience–largely in the Industrials space–raising capital in support of corporate acquisitions, restructurings and refinancings, as well as sponsor-led leveraged buyouts. He spent most of his prior career at Citibank.


Houlihan Lokey’s Industrials Group has been ranked No. 1 for all U.S. industrials transactions for the past four years running by Thomson Reuters, including 2011. The group has more than 30 dedicated professionals located in New York, Chicago, Los Angeles, London, Frankfurt, Beijing, Hong Kong and Tokyo and is hosting its 7th Annual Global Industrials Conference in New York on May 10, 2012.


Houlihan Lokey is an international investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation serving clients for 40 years. The firm is ranked globally as the No. 1 restructuring advisor, the No. 1 M&A fairness opinion advisor over the past 10 years, and the No. 1 M&A advisor for U.S. transactions under $1 billion, according to Thomson Reuters. Houlihan Lokey has 14 offices and more than 850 employees in the United States, Europe and Asia.