Houlihan Lokey Continues Expansion of Southern California Financial Advisory Services With New Hire

L. Gregory Manos Joins Los Angeles Office as a Director in Tax and Financial Reporting Valuation Services

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| Source: Houlihan Lokey Howard & Zukin

LOS ANGELES, Aug. 7, 2014 (GLOBE NEWSWIRE) -- Houlihan Lokey, the international investment bank, today announced that L. Gregory Manos has joined the firm's Tax and Financial Reporting Valuation Services practice within Financial Advisory Services. He is based in Los Angeles.

Mr. Manos joins from Alvarez & Marsal's Los Angeles office, where he was a Senior Director in the Valuation Services Group, advising a range of clients on valuation matters. In this capacity, he oversaw a team of valuation professionals who focused on local Los Angeles clients as well as the national energy and power & utilities markets. Mr. Manos was also a founding member of that firm's Power & Utility Group and an active member of its overall energy practice. He has more than 15 years of experience in energy and power and utility industry valuation and has advised on some of the largest energy and power and utility transactions during that period. Prior to Alvarez & Marsal, Mr. Manos held a senior role at EY in the firm's Energy and Power and Utility Transaction Advisory Services practice, advising a broad range of companies on valuation and corporate finance matters.

"Greg's unique breadth of experience, spanning traditional valuation and transaction advisory services as well as the energy, power, and utilities sectors, will be tremendously valuable to our clients across all the firm's businesses," said Sam Clark, Head of Transaction Advisory Services. "Greg has proven himself to be both a highly skilled valuation expert and a demonstrated leader, and we're delighted that he's joining the firm," he added.

"I'm excited to have joined Houlihan Lokey," said Mr. Manos. "I look forward to working with my colleagues in Financial Advisory Services as well as Corporate Finance and Financial Restructuring to provide our clients conflict-free advice and unmatched intellectual capital, as well as maintain and deliver the standard of excellence for which the firm is known."

Mr. Manos holds a B.S. in Finance from California Lutheran University and an MBA from the Joseph M. Katz Graduate School of Business at the University of Pittsburgh.

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 M &A advisor for U.S. transactions under $3 billion, the No. 1 global restructuring advisor, and the No. 1 M &A fairness opinion advisor for U.S. transactions over the past 10 years, according to Thomson Reuters. For more information, please visit www.HL.com.

Houlihan Lokey's Tax & Financial Reporting Valuation practice provides clients with a range of services, including the valuation of tangible and intangible assets, purchase price allocation, goodwill impairment, fresh-start accounting valuation, and tax valuation. Analytical insight, breadth of resources, and a deep commitment to understanding regulatory and other changes differentiate the practice from its competitors.

John Gallagher
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