Houlihan Lokey Restructuring Banker to Join Peter J. Solomon
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Derek Pitts, a restructuring executive at investment bank Houlihan Lokey Inc., is leaving to join boutique firm Peter J. Solomon Co., where he’ll head up a team focused on corporate restructurings.
Pitts will be starting at Peter J. Solomon in September after more than 15 years at Houlihan, where he served as managing director, according to a letter obtained by Bloomberg News. He has advised on the restructuring of companies including RadioShack Corp., Wet Seal Inc., Quiksilver Inc. and YRC Worldwide Inc., according to Houlihan’s website.