Houlihan Lokey Expands Equity Capital Solutions Team with New Senior Appointment
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: Nov 05 2025
0mins
Source: Newsfilter
Stephen Pollock's Appointment: Stephen Pollock has joined Houlihan Lokey as a Managing Director in the Capital Solutions Group, based in New York, to enhance the firm's advisory capabilities in Equity Capital Solutions.
Experience and Background: Pollock brings over 20 years of experience from Keefe, Bruyette & Woods, where he advised on M&A transactions in financial services and has a strong background in capital markets financing.
Strategic Importance: His addition is seen as crucial for maintaining the firm's advisory excellence in the growing market for directs and secondaries, according to the firm's leadership.
Houlihan Lokey Overview: The Capital Solutions Group at Houlihan Lokey consists of over 170 professionals across multiple countries and has raised approximately $28 billion in capital in the past year.
HLI.N$0.0000%Past 6 months

No Data
Analyst Views on HLI
Wall Street analysts forecast HLI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HLI is 222.75 USD with a low forecast of 210.00 USD and a high forecast of 235.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast HLI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HLI is 222.75 USD with a low forecast of 210.00 USD and a high forecast of 235.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 179.990

Current: 179.990

Outperform
maintain
$226 -> $230
Reason
Keefe Bruyette raised the firm's price target on Houlihan Lokey to $230 from $226 and keeps an Outperform rating on the shares.
Overweight
maintain
$192 -> $213
Reason
Morgan Stanley raised the firm's price target on Houlihan Lokey to $213 from $192 and keeps an Overweight rating on the shares. With the M&A cycle "gaining steam," the firm estimates M&A volumes to fully revert back to three decade averages versus nominal GDP in 2027 and is rolling its valuation year from 2026 to 2027, the analyst tells investors in a note on the Midcap Advisors group.
Market Perform -> Outperform
upgrade
$185 -> $232
Reason
Market Perform -> Outperform
Reason
Keefe Bruyette analyst Alex Bond upgraded Houlihan Lokey to Outperform from Market Perform with a price target of $232, up from $185, following a transfer of coverage. The firm believes the merger and acquisition environment should continue to improve gradually throughout the second half of the year. While policy and geopolitical uncertainty remain a risk, deal pipelines are still near all-time highs, the analyst tells investors in a research note.
Underperform
maintain
$151 -> $162
Reason
Wolfe Research raised the firm's price target on Houlihan Lokey to $162 from $151 and keeps an Underperform rating on the shares. The firm has confidence in recommending alternative asset managers over the merger and acquisition brokers as a way to play the improving capital markets backdrop.
About HLI
Houlihan Lokey, Inc. is a global investment bank specializing in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Its segments include Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA). CF segment provides general financial advisory services and advice on mergers and acquisitions and capital solutions offerings. FR segment offers a range of advisory services to its clients, including: the structuring, negotiation, and confirmation of plans of reorganization; liability management transactions; corporate viability assessment, and procuring debtor-in-possession financing. FVA segment provides financial advisory and valuation services with respect to companies, debt and equity interests (including complex illiquid investments), and other types of assets and liabilities, and others. It also provides investment banking advice to clients in the insurance and wealth management sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.