STOCK TITAN

Andreas Dombret Named Independent Chairman of DACH Region for Houlihan Lokey to Spearhead Firm’s Growth in Germany, Austria, and Switzerland

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Houlihan Lokey (NYSE:HLI) has appointed Dr. Andreas Dombret as Independent Chairman for its operations in Germany, Austria, and Switzerland (DACH). Initially a Senior Advisor, Dombret will now enhance leadership in Corporate Finance and Financial Restructuring, facilitating the firm's expansion in the region. His previous experience includes roles at the Deutsche Bundesbank and European Central Bank. The firm is also set to relocate its German offices to Frankfurt in April, marking a significant step in its growth strategy.

Positive
  • Appointment of Dr. Andreas Dombret as Independent Chairman is expected to enhance leadership in DACH.
  • Dombret's experience in policy and investment banking is likely to provide valuable insights and drive growth.
  • Houlihan Lokey is a leading U.S. mid-cap corporate finance advisory firm, with ambitions to strengthen its position in Europe.
Negative
  • None.

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Dr. Andreas Dombret has been appointed Independent Chairman of the firm’s activities in Germany, Austria, and Switzerland (DACH). Dr. Dombret was appointed as a Senior Advisor to the firm last year and will now devote more time to Houlihan Lokey in his expanded role.

As Independent Chairman, he will provide senior leadership and strategic counsel to the heads of our Corporate Finance and Financial Restructuring businesses in DACH and spearhead our further expansion in the region.

“As we continue to expand our businesses across Europe, we are delighted to have Andreas guiding our growth in the DACH region. His experience and expertise in both policy and investment banking provide him a unique perspective that will give our clients unparalleled insights,” commented Scott Adelson, Co-President of Houlihan Lokey.

“Having made an immediate impact after joining the firm last year as a Senior Advisor, it became clear to us that Andreas was the ideal person for this new role, to play a critical part in driving our businesses forward in DACH,” added Matteo Manfredi, Head of Corporate Finance in Continental Europe for Houlihan Lokey.

“Andreas is an eminent figure in the German financial community, and having him on board in a leadership capacity will have a meaningful impact on our business in the region,” said Joseph Swanson, Co-Head of Houlihan Lokey’s EMEA Restructuring Group.

Andreas Dombret commented, “Houlihan Lokey is already the leading U.S. mid-cap corporate finance advisory firm, and has shown its clear intention to match that position in Europe with the continued expansion of the business here. Within DACH, I can see many growth opportunities for both Corporate Finance and Financial Restructuring, and I look forward to helping the firm achieve its strategic goals in the region.”

The appointment comes as the firm’s two businesses in Germany prepare to move into a new office in Frankfurt in April.

In DACH, Houlihan Lokey’s Corporate Finance team is headed by Managing Directors Tobias Rieg, Martin Bastian, Christian Keller, and Nicolas Zintl. The German Financial Restructuring team is led by Managing Directors Niklas Lerche and Malte Wulfetange.

Between 2010 and 2018, Andreas Dombret served as a member of the Executive Board of the Deutsche Bundesbank, the German central bank; from 2014 to 2018 he was a member of the Supervisory Board of the European Central Bank (ECB); and from 2012 to 2018, he was a Board Director at the Bank for International Settlements (BIS).

Prior to joining the Bundesbank in 2010, he was Vice Chairman of European Investment Banking at Bank of America. From 2002 to 2005, he served as a Partner at Rothschild & Co. in Frankfurt and London. He joined Rothschild after 10 years with J.P. Morgan, where he was a Managing Director covering the financial institutions sector in Germany and Austria. He began his career at Deutsche Bank in Frankfurt in 1987.

Since leaving the Bundesbank in 2018, Andreas Dombret has taken on a number of international advisory positions, which are unaffected by this appointment.

About Houlihan Lokey

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. Houlihan Lokey is the No. 1 M&A advisor for the past six consecutive years in the U.S., the No. 1 global restructuring advisor for the past seven consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 20 years, all based on number of transactions and according to data provided by Refinitiv (formerly Thomson Reuters).

FAQ

Who has been appointed as the Independent Chairman of Houlihan Lokey in the DACH region?

Dr. Andreas Dombret has been appointed as the Independent Chairman of Houlihan Lokey's DACH region operations.

What is Dr. Andreas Dombret's role at Houlihan Lokey?

Dr. Dombret will provide senior leadership and strategic counsel, focusing on Corporate Finance and Financial Restructuring in the DACH region.

How will Dr. Dombret contribute to Houlihan Lokey's growth in the DACH region?

He will spearhead the firm's expansion and leverage his extensive experience in banking and policy to drive growth.

When will Houlihan Lokey's German offices move to Frankfurt?

The firm is scheduled to relocate its German offices to Frankfurt in April.

What previous positions has Dr. Dombret held before joining Houlihan Lokey?

Dr. Dombret served on the Executive Board of the Deutsche Bundesbank and was a member of the Supervisory Board of the European Central Bank.

Houlihan Lokey, Inc.

NYSE:HLI

HLI Rankings

HLI Latest News

HLI Stock Data

12.31B
69.46M
0.13%
103.31%
0.83%
Capital Markets
Investment Advice
Link
United States of America
LOS ANGELES