Stephen Spencer

Stephen Spencer

Managing Director Co-Head of Sovereign and Public Advisory

Mr. Spencer is a Managing Director and Co-Head of Sovereign and Public Advisory in Houlihan Lokey’s Financial Restructuring Group. Throughout his career, he has advised both debtors and creditors executing complex liability management and financial restructuring transactions across a wide range of companies, industries, and state and sovereign territories around the world. Mr. Spencer is based in the firm’s Minneapolis office.

Mr. Spencer is a Fellow of the American College of Bankruptcy, an honorary association of bankruptcy judges, lawyers, and restructuring specialists who are admitted based on achievements in the profession. He is a nationally recognized restructuring expert in the U.S., having testified on bankruptcy matters before both the United States Senate and the United States House of Representatives. 

Examples of Mr. Spencer’s creditor advisory engagements include Byju’s, Travelport, Rentpath, Puerto Rico Electric Power Authority (PREPA), Mexico City Airport Trust, FGIC’s City of Detroit bond portfolio, Indiana Toll Road, and Hawker Beechcraft. Notable debtor advisory engagements include Spartech, Carlson Travel, Worldstrides, Shopko, Gander Mountain, Hutchinson Technologies, Genmar, United Site Services, Polaroid, and Aventine.

Prior to joining Houlihan Lokey, Mr. Spencer began his career underwriting and syndicating commercial and debtor-in-possession loans at GE Capital.

Mr. Spencer holds a bachelor’s degree from the University of Wisconsin-Madison and a master’s degree from Fordham University.

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