Houlihan Lokey Expands Secondaries Advisory with Northleaf Capital Executive
Event summary
- Emil Fajersson joins Houlihan Lokey as Managing Director in Equity Capital Solutions, focusing on GP-led secondaries advisory in North America.
- Fajersson previously led GP-led investments at Northleaf Capital Partners and held roles at Vision Capital, UBS Investment Bank, and Macquarie.
- Houlihan Lokey's Capital Solutions Group comprises 240 professionals across 19 offices, advising on $35 billion across 135 transactions in the past year.
- The hire underscores Houlihan Lokey's push to establish a premier secondaries advisory platform.
The big picture
Houlihan Lokey's latest hire in its Equity Capital Solutions team highlights the growing importance of GP-led secondaries in the private equity landscape. The move comes as the market matures, driven by increased investor participation and the need for specialized advisory services. With over $35 billion in transactions advised in the past year, Houlihan Lokey is positioning itself as a key player in this evolving segment.
What we're watching
- Market Maturation
- The acceleration in GP-led secondaries activity reflects broader market participation and substantial investment opportunities.
- Competitive Positioning
- Whether Houlihan Lokey can sustain its momentum in secondaries advisory against competitors with similar ambitions.
- Execution Risk
- The pace at which Houlihan Lokey integrates new talent and scales its advisory capabilities in North America.