Houlihan Lokey has recast its senior leadership with two Managing Director hires and a board departure. Jane Ma joined as Managing Director in the firm's Financial Services Group, focusing on alternative asset management, while Chris McMillan joined as Managing Director in the FinTech Group with added focus on digital assets and related advisory work. Board member Todd J. Carter resigned from Houlihan Lokey's board, creating an opening in the firm's governance structure; the filing explicitly states there was no disagreement with policies or practices. The moves align with the investment bank's push into Capital Solutions, private markets and data-heavy advisory work, as it aims to hold a 61.5% compensation ratio while competing with peers such as Lazard and PJT for sponsor and private credit flows.
Houlihan Lokey IncHoulihan Lokey hired two Managing Directors and saw a board member resign, a leadership/governance change with no stated financial impact.
Lazard Ltd
PJT Partners Inc
Bank of Chongqing Co Ltd