Acquisition Enhances Capital Solutions Capabilities in Europe
MUNICH and LONDON — 20 January 2026 — Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it has acquired the real estate capital advisory business of Mellum Capital. The transaction strengthens Houlihan Lokey’s capital solutions capabilities in Europe and significantly deepens its real estate advisory offering globally across the firm.
Mellum Capital advises financial institutions, investors, and corporate clients in the real estate sector on equity investments, debt placements, structured finance, liability management, and strategic advisory. Founded in 2021 as a spin-out from Brookfield Financial, the firm has built a strong reputation for delivering bespoke, high-quality advice to a diverse global client base from its offices in Munich and London.
Founding Partners Heinrich Hauss and Markus Reule join Houlihan Lokey as Managing Directors in Capital Solutions to lead the firm’s Real Estate Capital Advisory offering in Europe. The Mellum Capital business has been fully integrated into the Capital Solutions Group under the Houlihan Lokey brand, with a total of 11 professionals having joined the firm as part of the acquisition.
“This transaction is a natural extension of our strategy to build the market-leading capital solutions practice, and significantly enhances our ability to deliver tailored, high-impact advice across the real estate sector,” said Gregg Newman, Global Co-Head of Capital Solutions at Houlihan Lokey. “Mellum brings extensive market knowledge, exceptional execution capabilities and a collaborative culture that aligns perfectly with our values. This announcement follows our recent expansion into infrastructure debt advisory in the region and underscores our commitment to growing our European business.”
“We are excited to join Houlihan Lokey as we embark on a new chapter for our team and our clients. The firm’s global reach, deep industry expertise, and unwavering commitment to client service make it an ideal home for Mellum. As part of Houlihan Lokey, we look forward to delivering even greater value to our clients,” commented Heinrich Hauss.
Markus Reule added: “We are delighted to join forces with Houlihan Lokey, a recognised global leader in investment banking, expanding our client-facing product set to include DCM, ECM, and derivatives with access to a full-service global platform. Together, we are uniquely positioned to offer clients the full suite of complex cross-border real estate investment banking advisory services across debt advisory, liability management, structured finance, and strategic advisory.”
Houlihan Lokey’s Capital Solutions Group comprises more than 190 dedicated professionals across 18 offices in eight countries, including Atlanta, Boston, Chicago, Dallas, Dubai, Frankfurt, Houston, London, Los Angeles, Madrid, Manchester, Miami, Milan, Munich, New York, Paris, San Francisco, and Zurich.
The activities of Mellum Real Estate GmbH, the real estate brokerage subsidiary, are not part of the acquisition and remain under original ownership.