NEW YORK — January 22, 2024 — Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Michael Hommeyer has joined as a Managing Director in its Capital Markets Group. Based in New York, Mr. Hommeyer will spearhead a new syndicate function that focuses on expanding the firm’s investor coverage, distribution capabilities, and market insights as they pertain to U.S. private credit placements.
Mr. Hommeyer joins the firm after spending 25 years at Morgan Stanley. Most recently, he served as a Managing Director and Head of Private Credit for four years, where he established the firm's private credit placement platform, executing debt and equity-linked transactions. Prior to that, Mr. Hommeyer was part of the Fixed Income Division focused on both leveraged loan and high-yield distribution.
“Private credit has become one of the fastest-growing asset classes in the market, with an explosion in the number of investment managers and strategies, so adding someone of Michael’s caliber to coordinate our coverage and outreach is critical to our success,” said Gregg Newman, Managing Director and Global Co-Head of Capital Markets. “Michael brings a depth of relationships and credit sector knowledge that will be a great asset to our capital markets clients.”
“Houlihan Lokey’s Capital Markets group is among the largest and most experienced private credit placement teams on the Street, and I am thrilled to be a part of it,” added Mr. Hommeyer. The firm’s commitment to delivering private capital solutions comes during a time of great momentum in the space. I look forward to building upon its success in delivering best-in-class capabilities to its capital markets clients.”
With more than 90 dedicated finance professionals across offices in New York, Los Angeles, Chicago, Houston, Dallas, Washington, D.C., London, Manchester, Frankfurt, Milan, Dubai, and Paris, Houlihan Lokey’s Capital Markets Group is among the largest of its kind in financial services. The group provides capital-raising services for a wide variety of clients, from private-equity-backed portfolio companies and publicly held corporations to privately held businesses. Over the past two fiscal years, the group has raised approximately $26 billion in capital and advised on an additional $9 billion in capital over a total of 250+ transactions with more than 110 different financial sponsors.