Ethan Ma

Senior Vice President

Mr. Ma is a Senior Vice President in Houlihan Lokey’s Financial Advisory Services business. He focuses on valuation opinions and transaction-related financial advisory services across various industries. Mr. Ma has experience in the valuation of illiquid and complex securities, energy trading, risk management, and derivative modeling. He is based in the firm’s Hong Kong office.

Before rejoining Houlihan Lokey, Mr. Ma worked at Noble Group, supporting daily oil trading business from risk, research, and P&L aspects. Prior to Noble Group, he was an Associate in Houlihan Lokey’s New York office, focusing on valuation of illiquid assets and complex derivatives for hedge funds and corporate clients. Mr. Ma was also a Financial Engineer at Gifford Fong Associates, a fixed-income derivatives consulting firm. He began his career in the risk management and research department of Allianz Global Investors Capital.

Mr. Ma holds a Master of Financial Engineering from the Haas School of Business at the University of California, Berkeley, and graduated with first class honors from Hong Kong University of Science and Technology.

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