Houlihan Lokey, the merger-advisory firm that filed for an initial public offering, hired former Apollo Global Management LLC banker Stephan Hartman.
Hartman will join the mergers and acquisitions group in New York to focus on middle-sized public companies, Los Angeles-based Houlihan said in a statement Monday. He was previously a managing director and head of the global acquisitions deal sourcing group at Leon Black’s Apollo, Houlihan said.
Houlihan, which is known for advising on some of the world’s largest restructuring deals, has been expanding its M&A practice to diversify revenue sources. The company has hired talent from private equity firms, adding Blackstone Group LP’s Maria Singer. Houlihan has also agreed to acquire firms this year such as MESA Securities Inc. and McQueen Ltd. to expand its entertainment and consumer merger advice.
“We see a tremendous opportunity to work with underbanked public companies,” Steven Tishman, global head of the mergers & acquisitions group, said in the statement.
At Apollo, Hartman focused on acquisitions to expand companies in the buyout firm’s portfolio, according to a description on his LinkedIn account. The New York-based firm manages $162 billion in private equity, credit and real estate assets.
Hartman is a graduate of the University of Pennsylvania. He has an MBA from Northwestern University’s Kellogg School of Management and a law degree from Villanova University, Houlihan said. A spokesman for Apollo declined to comment.