In a significant strategic move within London's competitive financial sector, global investment bank Houlihan Lokey has secured the expertise of former Jefferies managing director Ahmet Rasit to spearhead its European debt capital markets expansion.
The appointment, confirmed this week, marks a substantial strengthening of Houlihan Lokey's debt advisory capabilities as the firm seeks to capture a larger share of the European market. Rasit brings nearly two decades of specialised experience in debt financing and capital markets to his new role.
Strategic Appointment Strengthens European Presence
Ahmet Rasit joins Houlihan Lokey as a managing director and head of European debt capital markets, according to an internal announcement seen by financial insiders. His recruitment represents a calculated effort by the US-based investment bank to enhance its debt advisory services across European markets.
Rasit's extensive background includes nearly five years at Jefferies, where he served as a managing director focusing on debt capital markets. His departure from Jefferies occurred earlier this year, though the precise timing remains undisclosed. Prior to his tenure at Jefferies, Rasit built his expertise through roles at several other prominent financial institutions, developing a comprehensive understanding of debt financing structures and market dynamics.
Proven Track Record in Debt Markets
During his time at Jefferies, Rasit established himself as a respected figure in debt capital markets, working on numerous significant transactions and building strong relationships with corporate clients and institutional investors. His specialised knowledge spans various debt instruments and financing solutions, positioning him ideally to lead Houlihan Lokey's European expansion in this sector.
The hiring forms part of Houlihan Lokey's broader strategy to expand its capital markets advisory services internationally, particularly in the European region where debt financing activity remains robust despite economic uncertainties. The bank has been systematically building out its European operations across multiple service lines in recent years.
Implications for London's Financial Landscape
This appointment underscores the ongoing competition for top banking talent in London's financial district, particularly for professionals with specialised expertise in debt markets. Houlihan Lokey's strategic hire signals the firm's commitment to competing more aggressively with established players in European debt advisory services.
Industry analysts suggest that Rasit's deep connections and market knowledge could significantly accelerate Houlihan Lokey's growth in European debt capital markets. The move comes at a time when corporate debt restructuring and refinancing activities are expected to increase, driven by changing interest rate environments and economic pressures across multiple sectors.
Houlihan Lokey, known for its strong performance in restructuring and M&A advisory, appears to be positioning itself to capture more debt-related business from European corporations, private equity firms, and financial sponsors. The appointment of an experienced banker of Rasit's calibre demonstrates the seriousness of this strategic initiative.
Market observers will be watching closely to see how this key hire influences Houlihan Lokey's competitive position in European markets and whether additional strategic appointments will follow as the firm continues to build out its debt advisory capabilities across the region.
