Houlihan Lokey Enhances Consumer and Retail Coverage In EMEA ...

Houlihan Lokey has announced that Magnus Scaddan has joined its London office as a Managing Director and Head of Consumer & Retail, EMEA.

Scaddan reports jointly to Jay Novak, Managing Director and Head of the Consumer, Food & Retail Group and Stephen Winningham, Managing Director and Co-Head of Corporate Finance, Europe.

Scaddan has almost 20 years investment banking experience, and was most recently at Nomura (formerly Lehman Brothers), where he was a managing director and co-head of consumer and retail investment banking, EMEA. In this role he focused primarily on the food, beverage, household and personal care sectors. He will focus on the same industry verticals at Houlihan Lokey.

'We are pleased to welcome Magnus to the firm', said Novak. 'His proven track record in working with mid- and large-cap clients across a broad range of consumer segments will play an important part in developing our coverage across Europe, as well as helping to strengthen our overall global offering', he added.

'Magnus is ideally positioned to lead our Consumer & Retail coverage in the region, given his deep industry knowledge and strong relationships with both corporates and financial sponsors who are active in these sectors', said Winningham. 'He is the latest senior level addition to our Corporate Finance team in Europe, and we look forward to his contribution to growing our business'.

Scaddan said, 'I am delighted to be joining Houlihan Lokey at a time of exciting growth in its franchise in Europe. It is a firm that is well positioned to succeed in the changing investment banking environment that we are seeing in this region. I look forward to building the firm?s consumer and retail business across Europe and working with our offices in the U.S. and Asia to further enhance our cross-border coverage capabilities'.

Prior to joining Nomura? /Lehman Brothers, Scaddan was a managing director and head of consumer investment banking, EMEA at HSBC in London. Before this, he was a director in the consumer/retail banking investment banking group at Credit Suisse in London. He started his career at Wasserstein Perella in New York.

Scaddan holds a B.Sc. in geography from the University of Exeter.

Source: http://hereisthecity.com/2012/07/24/houlihan-lokey-enhances-consumer-and-retail-coverage-in-emea-reg/

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