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Houlihan Lokey Expands Global Capital Markets Group Into Middle East and Africa
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Houlihan Lokey (NYSE:HLI) has appointed Andy Cairns as a Managing Director to lead its Capital Markets efforts in the Middle East and Africa, based in Dubai. Cairns brings a wealth of experience with over $750 billion in M&A, loans, and equity. He previously served as Senior Managing Director at First Abu Dhabi Bank. The firm aims to enhance capital solutions for regional clients while expanding access to Middle Eastern capital globally. The Capital Markets Group raised over $15 billion for clients in fiscal 2021.
Positive
Appointment of Andy Cairns adds significant expertise to HLI's Capital Markets team.
Cairns has led over $750 billion in significant transactions, enhancing HLI's credibility.
The firm plans to provide enhanced capital solutions, potentially increasing client engagement and revenues.
The Capital Markets Group raised more than $15 billion in fiscal 2021, indicating strong operational performance.
Negative
None.
Andy Cairns Joins as a Managing Director to Head Capital Markets in the Region
DUBAI, United Arab Emirates--(BUSINESS WIRE)--
Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Andy Cairns has joined the firm as a Managing Director and Head of Middle East and Africa, Capital Markets, based in Dubai. In this newly created role, he will be responsible for building and leading the firm’s Capital Markets business in the region, working alongside senior colleagues to deliver a full spectrum of global capital options to regional clients, and providing access to Middle Eastern capital for clients across the world.
Andy Cairns joins Houlihan Lokey to head Capital Markets in the Middle East and Africa (Photo: Business Wire)
Mr. Cairns joins with extensive investment banking experience, having led over $750 billion of landmark M&A, loans, fixed income, and equity, including sovereign financings for the UAE, Oman, and Egypt and IPOs for Saudi Aramco, Mubadala, and Emaar. Most recently, he was Senior Managing Director and Head of Global Corporate Finance at First Abu Dhabi Bank (FAB). Prior to this, Mr. Cairns was a Managing Director at Bank of America Merrill Lynch and HSBC, where he headed businesses in New York, London, and Hong Kong. He is a past Chairman of The Gulf Capital Market Association.
“Our Capital Markets team in Europe has been significantly strengthened recently and we are delighted that Andy is now joining to spearhead our expansion into the Middle East and Africa,” said Anthony Martino, Global Co-Head of Houlihan Lokey’s Capital Markets Group. “With his wealth of experience and knowledge of the region, and a shared focus on achieving outstanding outcomes for clients, he will be a hugely valuable addition to our team.”
Arun Reddy, Head of Middle East and Africa, Special Situations at Houlihan Lokey, commented: “We are committed to bringing all of the capabilities that Houlihan Lokey excels in across our global network to our clients in this region. Bringing on board such a high-caliber partner as Andy to build our Capital Markets team here underlines that commitment and our desire to provide clients here with bespoke solutions to all their financing requirements.”
“Houlihan Lokey has a differentiated proposition, emphasizing private capital solutions and quality, unbiased advice that puts clients at the center of what it does. I am excited to bring this approach to the Middle East and Africa, assisting both regional issuers achieve their debt and equity financing objectives and providing regional investors access to Houlihan Lokey’s international deal flow,” commented Mr. Cairns.
With approximately 90 dedicated finance professionals across offices in New York, Los Angeles, Chicago, Houston, London, Manchester, Frankfurt, Milan, and Dubai, Houlihan Lokey’s Capital Markets Group is among the largest of its kind in financial services. The group provides capital-raising services for a wide variety of clients, from large, publicly held multinational corporations to privately held companies. In fiscal year ended 2021, the group advised in the raising of more than $15 billion of capital for corporate clients worldwide.
About Houlihan Lokey
Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. 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 investment bank for all global M&A transactions, the No.1 M&A advisor for the past seven consecutive years in the U.S., the No. 1 global restructuring advisor for the past eight 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.
Media Relations
Richard Creswell +44 (0) 20 7747 1480
PR@HL.com
Source: Houlihan Lokey
FAQ
Who is Andy Cairns and what is his role at Houlihan Lokey?
Andy Cairns is the new Managing Director and Head of Capital Markets for the Middle East and Africa at Houlihan Lokey, responsible for leading the firm's efforts in the region.
What previous experience does Andy Cairns have before joining HLI?
Andy Cairns has extensive investment banking experience, having led over $750 billion in transactions and was most recently the Senior Managing Director at First Abu Dhabi Bank.
How much capital did Houlihan Lokey's Capital Markets Group raise in fiscal 2021?
In fiscal 2021, Houlihan Lokey's Capital Markets Group raised more than $15 billion for corporate clients worldwide.
What are the goals of Houlihan Lokey's Capital Markets team in the Middle East?
The goals include providing bespoke financing solutions to regional clients and improving access to Middle Eastern capital for global clients.
What is the significance of Andy Cairns joining Houlihan Lokey?
His appointment is significant as it highlights HLI's commitment to strengthening its Capital Markets presence in the Middle East and Africa, leveraging his extensive experience.
