Houlihan Lokey Acquires PSL
Summary
In addition, the acquisition expands the European presence of the Financial and Valuation Advisory business and represents a significant step in monetising data insights to serve clients’ evolving needs. Founded in 2016 after a spin-out from Prytania Investment Advisors, London-based PSL specialises in structured credit valuations and analytics, with an emphasis on quantitative analysis and machine learning. As a result of the acquisition, the PSL team, led by Fraser Malcolm, Chief Executive Officer, and James Wright, Chief Technology Officer, has joined the Structured Products Valuation Advisory team within Houlihan Lokey’s Portfolio Valuation and Fund Advisory Services practice. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG (formerly Refinitiv).