NEW YORK, Sept. 15, 2014 (GLOBE NEWSWIRE) -- Houlihan Lokey, the international investment bank, today announced that Tomasz Stefanowski has joined the firm as a Managing Director in its New York Tax and Financial Reporting Valuation Services (TFR) practice within Financial Advisory Services (FAS).

Mr. Stefanowski joins from Duff & Phelps, where he held a number of roles over the past 13 years, most recently as a Managing Director in the firm's Valuation Advisory Services group. During that time, he worked on a range of valuation issues for both financial sponsors and corporates including business enterprise valuation, goodwill impairment, capital structure and legal entity valuation, and private equity mark-to-market assignments. Mr. Stefanowski began his career in 1997 in PwC's Corporate Value Consulting group.

Mr. Stefanowski's appointment closely follows the addition of Gregory Manos, a Director from Alvarez & Marsal, to the firm's TFR practice in Los Angeles last month. "We continue to see strong demand for comprehensive, independent valuation expertise from both our private equity and corporate clients around the world," said Jack Berka, Global Head of FAS. "We're delighted that Tomasz has joined the firm and we're confident that he will help substantially grow Houlihan Lokey's TFR practice in New York," he continued.

"As market dynamics and regulatory changes put increasing pressure on corporations and private equity funds to understand the value of their businesses and assets, a trusted valuation professional is more essential than ever," said Mr. Stefanowski. "I'm excited to have joined Houlihan Lokey, and I look forward to working with my colleagues to deliver this critical service to our exceptional client base," he added.

Mr. Stefanowski holds a B.S. in Finance and International Business from New York University and an MBA from the Stern School of Business at New York University.

Houlihan Lokey is an international investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and Asia. Independent advice and intellectual rigor are hallmarks of our commitment to client success across our advisory services.

Houlihan Lokey is ranked as the No. 1 M &A advisor for U.S. transactions under $3 billion, the No. 1 global restructuring advisor, and the No. 1 M &A fairness opinion advisor for U.S. transactions over the past 10 years, according to Thomson Reuters.

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Houlihan Lokey's Tax & Financial Reporting Valuation Services practice provides clients with a range of services, including the valuation of tangible and intangible assets, purchase price allocation, goodwill impairment, fresh-start accounting valuation, and tax valuation. Analytical insight, breadth of resources, and a deep commitment to understanding regulatory and other changes differentiate the practice from its competitors.

CONTACT: John Gallagher 212.497.4220Source:Houlihan Lokey Howard& Zukin