HLI News & Events

Houlihan Lokey has agreed to acquire Intrepid Financial Partners, a premier independent investment bank specializing in providing advisory services to the energy sector. The transaction, signed June 27, 2026, adds substantially to the firm's comprehensive coverage of the energy sector. The transaction is expected to be completed before September 30, 2026, following regulatory approval. Intrepid Investment Management, Intrepid's investment management business, is not part of the transaction and will continue to operate as a separate entity under the same name. Following the transaction, the Intrepid team will join Houlihan Lokey's global Oil & Gas Group. McGee, CEO of Intrepid, will join as a Managing Director and Global Chairman of Oil & Gas

Morningstar (MORN) announced a strategic collaboration with Houlihan Lokey (HLI) to develop a new suite of daily valuation indexes to help investors measure and invest in collateralized loan obligations. "Through this new initiative, Morningstar Indexes will work with Houlihan Lokey's Portfolio Valuation and Fund Advisory Services team to develop the Morningstar Houlihan CLO Indexes. The index series will combine Morningstar's design and governance with Houlihan Lokey's valuation framework and credit market expertise to address the growing need for reliable benchmarks in the rapidly expanding CLO market," the company stated.