HOULIHAN LOKEY EXPANDS ITS MEDIA & TELECOMMUNICATIONS COVERAGE CAPABILITIES WITH NEW HIRE

LOS ANGELES, Jan. 22, 2015 (GLOBE NEWSWIRE) -- Houlihan Lokey, the international investment bank, today announced that K. Raj Dayalan has joined the firm's Media & Telecommunications Group as a Director. Mr. Dayalan will focus primarily on providing strategic advisory services to companies in the Internet sector.

Mr. Dayalan joins from UBS, where he was an Executive Director overseeing the Internet investment banking efforts within the firm's Global TMT Group. Prior to UBS, he worked as an entrepreneur and as a principal investor. Earlier in his career, Mr. Dayalan was a member of Deutsche Bank's Technology Group and Salomon Brothers' Media & Telecom practice, where he began his career.

"The number of companies with an Internet-focused business element is enormous, spanning nearly every industry, and Houlihan Lokey has been successful covering this market segment from a range of coverage groups," said Christopher Wilson, Head of the Media & Telecommunications Group at Houlihan Lokey. "However, to best serve these clients, we saw a need for a dedicated, highly experienced banker with unmatched industry knowledge. With nearly two decades of experience ranging from bulge-bracket advisory work to co-founding a startup to principal investing, Raj is an absolutely superb choice for us as we continue to further enhance our Internet-focused client coverage effort," he continued.

"The concept of 'convergence' is a significant and pervasive trend across a number of industries — both within and outside the Technology and Media sectors, but it's perhaps the most pronounced in the Internet," said Mr. Dayalan. "Houlihan Lokey's converged coverage strategy represents an optimal response to this reality, and I'm excited to work with my colleagues across the firm to realize the attendant benefits for our clients," he added.

Mr. Dayalan holds a B.A. in Economics and Political Science from the University of California, Irvine and an MBA from the UCLA Anderson School of Management.

Houlihan Lokey is an international 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, 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.

For press inquiries, contact John Gallagher at 212.497.4220.