Houlihan Lokey Further Expands Financial Institutions Coverage
NEW YORK -- February 19, 2014
Houlihan Lokey, the international investment bank, today announced that
Matthew S. Monahan has joined the firm’s Financial Institutions Group (FIG) as
a Director, focusing on mortgage companies, REITs, and depository
institutions. He is based in New York.
Mr. Monahan joins from Deutsche Bank, where he was most recently a Director in
the Financial Institutions Group, with a specific focus on depository
institutions and mortgage companies. Mr. Monahan has more than 20 years’
experience and has worked on many of the industry’s largest recent mortgage
banking and specialty depository transactions, including the sale of MetLife
Bank, N.A.’s mortgage servicing business to JPMorgan Chase (on which Houlihan
Lokey also advised), the sale of MetLife Bank, N.A.’s deposit business to GE
Capital Retail Bank FSB and its warehouse lending business to EverBank, the
sale of Aurora Loan Servicing from the Lehman Estate to Nationstar Mortgage,
and the FDIC’s disposition of Indymac Federal Bank FSB including its forward
and reverse servicing businesses to OneWest Bank. Prior to Deutsche Bank, Mr.
Monahan was a Senior Vice President in Lehman Brothers’ Structured Asset
Solutions Group, working on a range of transactions in the consumer and
specialty finance sector.
“Matthew is joining Houlihan Lokey at a very exciting time with respect to our
financial services advisory activity,” said Eugene S. Weil, Co-Head of the
Financial Institutions Group (FIG). “Following the acquisition and integration
of Milestone Advisors in January 2013, our FIG team completed twice as many
transactions in 2013 as in the previous year and remains a leader in the
specialty finance and mortgage banking sectors. In addition, Houlihan Lokey
remains one of the most active advisors in the sale of large, complex
portfolios of mortgage servicing rights (MSRs), a key focus of the firm’s
Illiquid Financial Assets practice,” he continued.
Jeffrey M. Levine, a Houlihan Lokey Managing Director in FIG and one of the
most active advisors in the MSR and mortgage banking industry, added, “Matt
has been a strong competitor and co-advisor over the years, and we’re glad to
have him on our team. We are confident that Matt’s extensive experience in the
mortgage banking industry will be hugely beneficial to our clients.”
“Joining a team with the culture, client focus, and breadth of coverage that
characterizes Houlihan Lokey’s Financial Institutions Group is unique and
exciting,” said Mr. Monahan. “Given current market conditions and trends in
the financial services sector, we see a significant opportunity for our
financial institutions clients. I’m eager to help Houlihan Lokey’s clients
take advantage of this opportunity and deliver the superior service, and
solutions, that they have come to expect,” he continued.
Houlihan Lokey is an international 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, and Asia. Independent advice and intellectual
rigor are hallmarks of our commitment to client success across our advisory
services. Houlihan Lokey is ranked as the No. 1 global restructuring advisor,
the No. 1 M&A fairness opinion advisor for U.S. transactions over the past 10
years, and the No. 1 M&A advisor for U.S. transactions under $3 billion,
according to Thomson Reuters. For more information, please visit www.HL.com.
John Gallagher, 212.497.4220
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