Houlihan Lokey, a global investment bank, acquired boutique advisory firm Baylor Klein as it continues to grow its corporate finance business in Europe.
Investment banking firm Houlihan Lokey named Reinhard Koester managing director and co-head of its Financial Institutions Group, where he will focus on the specialty finance practice.
Houlihan Lokey announced a reorganization of its senior management ranks. Co-CEO Scott Beiser will continue as CEO. Jeff Werbalowsky will join Robert Hotz, co-head of Corporate Finance, as one of the firm’s co-chairmen.