Houlihan Lokey Has Acquired BearTooth Advisors
The transaction, which closed on May 21, 2018, establishes the Private Funds Group within Houlihan Lokey to provide strategic advisory and placement agency services to alternative investment managers. Through a unique combination of extensive fundraising and in-house operating experience, the Private Funds Group seeks to maximize the efficiency and effectiveness of the fundraising process for general partners and provide tailored advice on the development and implementation of strategic initiatives designed to improve market positioning, investor relationships, and fundraising effectiveness over the longer term. The group comprises 17 professionals based in New York and London.
“When forming BearTooth, we set out to provide general partners with a more strategic alternative to legacy fundraising options, believing that certain industry dynamics had created a unique opportunity to do so. Since then, we have found the opportunity itself to be more significant, growing more rapidly than originally thought. As such, we look forward to joining Houlihan Lokey to further enhance our service offering and unique value proposition to both new and existing clients.”
– Bob Brown,
Managing Partner, BearTooth Advisors
Read the press release