Associate, Capital Solutions - Secondary Solutions Pod, New York

About the role

Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com. Capital Solutions Houlihan Lokey's Capital Solutions Group comprises ~200 professionals globally and offers clients a broad range of tailored financing alternatives and strategic financial advice. Our team has deep senior-level relationships across the capital markets and a long track record of raising capital across varying market conditions. With deep expertise in both private and public markets, we are committed to delivering innovative, value-enhancing solutions that support long-term success for our clients. Houlihan Lokey's Secondary Solutions Group provides strategic advice and execution services to private equity sponsors and institutional investors navigating the fast-growing market for private equity secondary transactions, which reached $225B+ in volume in 2025. The group specializes in both GP-led transactions - such as continuation vehicles, single- and multi-asset restructurings, and tender offers - as well as LP portfolio sales and fund interest transfers. Members of the Secondary Solutions Group work with a wide variety of private equity sponsors and institutional investors - across both industry and strategy - and work in tandem with Houlihan Lokey's industry coverage, M&A and financial restructuring teams. We are seeking an experienced Associate to join our New York office to focus on Secondary Solutions Advisory. Houlihan Lokey fosters a collegial yet entrepreneurial environment where teamwork is critical to success, and creativity and initiative are highly valued. The Associate will work closely with senior and mid-level investment banking professionals on live deals across a variety of transaction types, as well as pre-launch deal preparation and origination efforts.

Responsibilities

• As an Associate, you will be expected to demonstrate strength across the following areas:
• Financial Modelling & Valuation: Build and maintain complex bottom-up three-statement and LBO models, fund-level waterfalls (GP/LP distributions), and DCF analyses, alongside performing detailed valuation work on portfolio companies and fund interests.
• Client & Investor Management: Manage key client and investor relationships. Engage directly with GP clients, assist in managing deal processes, and serve as a primary point of contact in investor discussions and buyer negotiations.
• Marketing Materials: Develop and refine high-quality client materials, including Confidential Information Memoranda (CIMs), management presentations, and pitch books, ensuring a high standard of accuracy and clear strategic positioning.
• Market Analysis & Strategy: Track and synthesize in-depth market research to provide actionable insights on trends in private equity and the secondaries market, including evolving deal structures and valuation dynamics.
• Team Leadership: Mentor and develop junior team members, fostering a high-performance, inclusive team environment.
• Qualifications & Requirements
• The ideal candidate will possess:
• Relevant Experience: Minimum of 4+ years of experience in Investment Banking (M&A, Capital Markets, or GP-led Advisory) or Private Equity / Private Capital investment roles.
• Technical Expertise: Strong financial modelling skills, including LBO, DCF, and continuation vehicle returns waterfall analysis, with advanced proficiency in Excel and PowerPoint.
• Analytical Acumen: Exceptional quantitative and analytical capabilities, with the ability to analyze business models and translate complex financial data into clear, compelling narratives.
• Team Collaboration: A proven track record of working collaboratively within a team-oriented environment, mentoring junior collea

Benefits

Additional Information

Business Unit: Capital Solutions Industry: General

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