Houlihan Lokey Boosts Private Equity Secondary Unit

Apr 1 2009 | 2:00am ET

Investment bank Houlihan Lokey has hired Jeff Hammer and Paul Sanabria to lead a team focused on the secondary market for partnerships and other private investments held by institutional investors.

Hammer and Sanabria are veterans of Bear Stearns, where they built both primary and secondary p.e. businesses. They will be based in New York, reporting to Bob Hotz and Scott Adelson, global co-heads of investment banking.

“Jeff and Paul are well-positioned to serve this market having been investors, asset managers, and advisors to both institutional investors and financial sponsors throughout their careers,” said Adelson. “They will provide our clients with sound advice and innovative solutions to meet the challenges of the current environment.”


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...