Steven M. Cramer Joins as a Managing Director to Cover Gaming
LOS ANGELES--(BUSINESS WIRE)--
Houlihan Lokey (NYSE:HLI), the global investment bank, today announced
that Steven M. Cramer has joined the Technology, Media, & Telecom (TMT)
Group as a Managing Director to oversee the gaming sector. He is based
in Los Angeles.
Mr. Cramer joins from Imperial Capital, where he was a Managing Director
covering the gaming, lodging & leisure, and entertainment sectors. While
at Imperial Capital, he worked on a range of transactions across M&A,
capital markets, and restructuring. Prior experience also includes
investment banking roles at Credit Suisse and Morgan Stanley. Over the
course of his career, he has advised numerous corporate and financial
sponsor clients involved in the casino gaming, lodging & leisure, and
entertainment space.
“Given the prevalent convergence trends and synergy opportunities across
the TMT sector, particularly with respect to convergence in gaming,
digital technology, and content development, adding a banker with
Steven’s breadth of experience is a very significant benefit for the
Group and its clients. We’re delighted that he has joined the team and
confident that our TMT clients will benefit substantially from his
expertise,” said Roy Kabla, Global Co-Head of the TMT Group.
“I’m excited to join a firm that successfully combines all the elements
necessary to deliver superior outcomes for our clients: intellectual
capital, strong local relationships, global reach, and a breadth of
services that helps clients take advantage of every opportunity and meet
every challenge. I look forward to continuing the growth and momentum in
Houlihan Lokey’s TMT Group,” said Mr. Cramer.
Mr. Cramer’s hire follows the September appointment of Roy Kabla as
Managing Director and Global Co-Head of the TMT Group and the addition
of Vikram Pandit as a Director in the Group. The TMT Group is now
comprised of 15 officers.
“As we continue to expand our TMT Group, we seek genuine sector experts
who combine decades of industry knowledge and relationships with a
client-centric, solutions-oriented application of investment banking
expertise,” said Rob Louv, Global Co-Head of the Technology, Media &
Telecom Group. “Steven is an excellent cultural fit in that respect and
we have no doubt that he will continue his track record of success at
Houlihan Lokey,” he added.
Mr. Cramer holds a BA in Economics with Distinction from Stanford
University and an MBA from the Harvard Graduate School of Business
Administration.
About Houlihan Lokey
Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in
mergers and acquisitions, capital markets, financial restructuring,
valuation, and strategic consulting. The firm serves corporations,
institutions, and governments worldwide with offices in the United
States, Europe, the Middle East, and the Asia-Pacific region.
Independent advice and intellectual rigor are hallmarks of the firm’s
commitment to client success across its advisory services. Houlihan
Lokey is ranked as the No. 1 M&A advisor for all U.S. transactions, the
No. 1 global restructuring advisor, and the No. 1 global M&A fairness
opinion advisor over the past 20 years, according to Thomson Reuters.
For more information, please visit www.HL.com.
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Houlihan Lokey
Investor Relations
212.331.8225
IR@HL.com
Media Relations
John T. Gallagher
212.331.8223
PR@HL.com
Source: Houlihan Lokey