PRESS RELEASESMonday, September 15, 2014

Tomasz Stefanowski Joins Houlihan Lokey’s Tax and Financial Reporting Valuation Services Practice as a Managing Director

Firm Continues Expansion of Practice with Second Senior Hire in as Many Months

NEW YORK – September 15, 2014 – Houlihan Lokey, the international investment bank, today announced that Tomasz Stefanowski has joined the firm as a Managing Director in its New York Tax and Financial Reporting Valuation Services (TFR) practice within Financial Advisory Services (FAS).

Mr. Stefanowski joins from Duff & Phelps, where he held a number of roles over the past 13 years, most recently as a Managing Director in the firm’s Valuation Advisory Services group. During that time, he worked on a range of valuation issues for both financial sponsors and corporates including business enterprise valuation, goodwill impairment, capital structure and legal entity valuation, and private equity mark-to-market assignments. Mr. Stefanowski began his career in 1997 in PwC’s Corporate Value Consulting group.

Mr. Stefanowski’s appointment closely follows the addition of Gregory Manos, a Director from Alvarez & Marsal, to the firm’s TFR practice in Los Angeles last month. “We continue to see strong demand for comprehensive, independent valuation expertise from both our private equity and corporate clients around the world,” said Jack Berka, Global Head of FAS. “We’re delighted that Tomasz has joined the firm and we’re confident that he will help substantially grow Houlihan Lokey’s TFR practice in New York,” he continued.

“As market dynamics and regulatory changes put increasing pressure on corporations and private equity funds to understand the value of their businesses and assets, a trusted valuation professional is more essential than ever,” said Mr. Stefanowski. “I’m excited to have joined Houlihan Lokey, and I look forward to working with my colleagues to deliver this critical service to our exceptional client base,” he added.

Mr. Stefanowski holds a B.S. in Finance and International Business from New York University and an MBA from the Stern School of Business at New York University.

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm's commitment to client success across its advisory services. Houlihan Lokey is the No. 1 M&A advisor for the past six consecutive years in the U.S., the No. 1 global restructuring advisor for the past seven consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 20 years, all based on number of transactions and according to data provided by Refinitiv.

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