Jul
13
Houlihan Lokey, Boutique Investment Bank, Files for an I.P.O.
ByMore than a few boutique investment banks have gone public over the last decade. Now Houlihan Lokey, one of the oldest, is planning to take that step.
The firm filed for an initial public offering on Friday afternoon, looking to join rivals like Evercore Partners, Greenhill & Company, and Moelis & Company in having stock that it can use for acquisitions and pay for its bankers.
Independent and boutique investment banks, which lack the huge trading operations and lending arms of traditional Wall Street firms like Goldman Sachs and JPMorgan Chase, have enjoyed a rise in work over the past five years amid the merger boom…
Houlihan Lokey, Boutique Investment Bank, Files for an I.P.O.
