Houlihan Lokey Advises ParkLexington

Houlihan Lokey is pleased to announce that ParkLexington, LLC (ParkLexington), a leading data and analytics firm focused on improving fund and investment firm operations, profitability, and performance, has been acquired by Wilshire Advisors LLC (Wilshire), a leading global financial services firm to meaningfully expand data, cost transparency, and analytics capabilities for all clients. The transaction closed on July 14, 2025.

ParkLexington is a leading data and analytics firm specializing in improving profitability and performance for investment managers and funds. By leveraging proprietary industry intelligence and benchmarking, ParkLexington identifies cost-saving opportunities, optimizes operations, and enhances fund performance, resulting in billions of dollars of savings for its clients since the firm’s founding. Its comprehensive services cover all aspects of investment management, including custody and administration, foreign exchange, cash, trading, compliance, and many more cost-saving and performance-enhancing areas. Since 2011, ParkLexington has identified and implemented more than $1 billion in improved costs, spreads, rates, and revenue for over 60 leading asset managers.

The transaction builds upon the data, technology, and fee optimization services for asset owners that were established by Wilshire’s acquisition of XTP Implementation Services in 2024. With the addition of ParkLexington, Wilshire will be able to provide enhanced analytical capabilities for investment managers to analyze and harness proprietary data to deliver solutions that reduce costs, improve performance, and maximize profits.

Headquartered in Santa Monica, California, with offices worldwide, Wilshire is a leading global financial services firm and trusted partner to a diverse range of approximately 300 leading institutional investors and financial intermediaries. Wilshire advises on more than $1.4 trillion in assets and manages $120 billion in assets. Wilshire is backed by both CC Capital and Motive Partners.

Houlihan Lokey served as the exclusive financial advisor to ParkLexington.

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