NEW YORK--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--Aug. 28, 2007--Houlihan Lokey, an international investment bank, announced today that it has been ranked as the No. 1 Best Investment Banking Employer to Work For by Vault, a prestigious employment information web site. In addition to this award, Houlihan Lokey received a number of other accolades in Vault's annual ranking of top investment banking employers, some of which include being ranked No. 1 for Overall Satisfaction, for the second consecutive year, and No. 1 for Treatment by Managers. Vault also listed Houlihan Lokey as No. 2 for Compensation and Hours.
Jeff Werbalowsky, Co-CEO of Houlihan Lokey, said, "It is great to see that we are having some success in our goal of creating and maintaining the best environment in the world for our junior financial professionals. We need to continue to make sure that doors are kept literally and figuratively open, that everyone has access to senior staff and management, and all of us at the firm treat each other with respect. At Houlihan Lokey, we need to make sure that even as we grow larger merit continues to trump hierarchy. We believe this environment self-selects professionals who want a long-term home for their careers and to be successful on both personal and professional levels."
"As Vault's survey shows, we care a great deal about our junior professionals," added Cynthia Bush, Global Head of Recruiting for Houlihan Lokey. "In our recruiting effort, we really try to ensure that our people are on the right career path. We expect our junior professionals to take their responsibilities to the firm and our clients very seriously, and we take our responsibilities to them equally as seriously. We believe our unique approach to career development offers us an advantage in creating one of the best working environments to recruit and retain top talent."
Over the past year, the statistics have underscored Houlihan Lokey's proven success. In 2006, Thomson Financial ranked Houlihan Lokey as the No. 1 M&A advisor for U.S. transactions under $1 billion. Also in 2006, Mergers & Acquisitions Journal ranked Houlihan Lokey as the No. 1 advisor of M&A Fairness Opinions. In the same year, TheDeal.com/Bankruptcy Insider ranked Houlihan Lokey as the No. 1 Restructuring Investment Banking Firm and IFR Magazine named Houlihan Lokey as the European Restructuring House of the Year. In 2007, M&A Advisor named Houlihan Lokey the Investment Bank of the Year.
For the 2008 survey, Vault rated 81 firms and conducted a thorough review of some of the largest North American investment and commercial banking firms, as well as some of the most prestigious investment banking boutiques, regional commercial banks and foreign-based banks with a significant North American presence. The full findings are published in Vault's annual Guide to the Top 50 Banking Employers. A full list of the 2008 Finance Rankings can be found on www.vault.com.
About Houlihan Lokey
Houlihan Lokey, an international investment bank, provides a wide range of services, including mergers and acquisitions, financing, financial opinions and advisory services, and financial restructuring. Houlihan Lokey has ranked among the top 10 M&A advisors in the U.S. for the past seven years, is the No. 1 M&A fairness opinion advisor, and has one of the largest worldwide financial restructuring practices of any investment bank. Established in 1970, the firm has over 800 employees in 12 offices in the United States, Europe and Asia. We annually serve more than 1,000 clients ranging from closely held companies to Global 500 corporations. For more information, visit Houlihan Lokey's web site at www.hlhz.com.
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