Houlihan Lokey Names Financial Institutions Chief

Michael McMahon has joined Houlihan Lokey as a managing director and head of financial institutions. He previously was with Morgan Stanley as a managing director and co-head of diversified financials.


Houlihan Lokey, an international investment bank, today 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. Mr. McMahon’s hire is the most recent of a number of high profile bankers that have joined Houlihan Lokey’s Investment Banking business.

While at Morgan Stanley, Mr. McMahon was one of the senior team leaders who advised the U.S. Treasury on the conservatorships of Fannie Mae and Freddie Mac. In addition, he advised Morgan Stanley on the sale of its own structured products business.

Commenting on the hire, Mr. Hotz said, “In such a dynamic environment for financial institutions, it is crucial that clients have access to top advisors. Michael has a proven track record in this space and we are pleased to have him join our team and lead this effort. Michael has already established his presence at Houlihan Lokey, working with our Financial Restructuring Group in advising the Steering Committee of the Ad Hoc Noteholders on the $3.0bn rescue financing for CIT.”

Mr. McMahon added, “Today’s clients require a full range of expertise and independent advice and Houlihan Lokey is a brand that is recognized as a leader in M&A, financial advisory and restructuring. In this challenging economic environment for financial institutions, this platform and its unique product set will allow me to provide our clients with exceptional service. I am excited to join the firm.”

Before Morgan Stanley, Mr. McMahon spent nearly ten years with the Global Financial Institutions Group at Credit Suisse/Donaldson, Lufkin & Jenrette, which has populated a number of firms on Wall Street with significant FIG talent. While at Credit Suisse, Mr. McMahon advised Westcorp/WFS Financial on its $4.3bn sale to Wachovia and Ford Motor Credit Corp. on the sale of its non-prime auto finance business. Prior to that, he was in the fixed income division of NatWest Securities/Greenwich Capital Markets. Mr. McMahon is a graduate of the University of Kentucky. He is registered with FINRA as a General Securities Representative (Series 7 and 63).

About Houlihan Lokey

Houlihan Lokey, an international investment bank, provides a wide range of advisory services in the areas of mergers and acquisitions, financing, financial restructuring, and valuation. The firm was ranked the No. 1 M&A advisor for U.S. transactions under $2 billion in 2008 and the No. 1 U.S. fairness opinion advisor over the past 10 years by Thomson Reuters. In addition, the firm advised in 11 of the 15 largest corporate bankruptcies and on over 500 restructuring transactions valued in excess of $1.25 trillion in the past 10 years. The firm has over 800 employees in 14 offices in the United States, Europe and Asia. Each year we serve more than 1,000 clients ranging from closely held companies to Global 500 corporations. For more information, visit www.HL.com.