Houlihan Lokey, has appointed Patrick Collins as managing director in the firm’s Financial Sponsors Group based in New York.
Collins will primarily focus on assisting the firm's hedge fund and financial sponsor clients with distressed and special situations investment opportunities.
Collins joins Houlihan Lokey from Collins Investments LLC, the investment firm he founded in 2008, where he managed private equity and debt investments in small- and mid-cap companies. Prior to Collins Investments, he served as a Portfolio Manager and Head of Distressed Private Equity and Special Situations Private Equity at DE Shaw, during which he built a team of investment professionals and operating partners focused on distressed investments and rescue finance. Other previous experience includes a range of roles at Mizuho International, Merrill Lynch, and Morgan Stanley.
"With more than 25 years of experience, nearly all of it focused on distressed and special situations, Pat is a fantastic addition to our hedge fund and alternative capital coverage effort," says Mark Goldman, Head of the Hedge Fund Coverage and Alternative Capital practice within Financial Sponsors at Houlihan Lokey. "His successful track record in analysing and uncovering value in a broad range of troubled situations reflects his substantial expertise, and we have no doubt that he will be tremendously helpful to our clients.”
"In my previous engagements as a portfolio manager, I have had the pleasure of working alongside Houlihan Lokey for many years as a client," says Collins. "The firm's depth of knowledge in the financial sponsor and hedge fund universe is nearly unmatched in the industry, and I'm delighted to be joining the Group. I look forward to contributing to the significant momentum they have achieved to date in this space.”
Collins holds a BS in Management Information Systems from the University of Dayton and an MBA in Finance and International Business from the Leonard N. Stern School of Business at New York University.
