Mr. Lombardo is a Managing Director and Global Head of GP Capital Advisory in Houlihan Lokey’s Capital Solutions Group, where he focuses on advising alternative asset managers on GP minority and majority stake sales, acquisitions, joint ventures, firm-level financings, product development, succession planning, and NAV loans. He has more than 17 years of experience investing in, researching, advising, and developing strategy for asset managers. Mr. Lombardo is based in the firm’s Miami office.
Previously, Mr. Lombardo was a Principal on the investment team at SRP, a GP stakes buyout fund. At SRP, he focused on minority equity investments in alternative asset management firms across all geographies and a range of strategies, including private equity, private real estate, private credit, energy, infrastructure, and hedge funds.
Before SRP, Mr. Lombardo spent approximately five years at The Carlyle Group, where he most recently was the No. 2 investment professional on the firm’s partnership fund. His primary responsibilities included sourcing and executing new GP stakes investments globally. Prior to that, Mr. Lombardo was in corporate development at The Carlyle Group, where he focused on all areas of firm strategy, including GP-level acquisitions, capital structure optimization, product development, distribution strategy, and firm-wide strategic initiatives.
Prior to The Carlyle Group, Mr. Lombardo was in the Financial Institutions Group within J.P. Morgan’s Investment Banking Division. There, he specialized in advising asset managers on M&A, debt/equity financing, balance sheet and asset/liability management, and general corporate strategy. In this role, he advised on over $7 billion of executed transactions globally. Before J.P. Morgan, Mr. Lombardo was a Manager and Senior Research Analyst at Morgan Stanley, where he had several roles, including performing due diligence and research on asset management firms and strategies.
Mr. Lombardo holds a B.A. from College of the Holy Cross and an MBA from Yale University.