Restructuring/Bankruptcy League Table

Any thoughts or comments? This was released by The Deal on 3/11/2010. The numbers go # of assignments (creditor, debtor, all others within bankruptcy cases) / % in the US / % in the Non-US.

1 Houlihan Lokey 37 90 10 2 Chanin Capital Partners/Duff & Phelps 36 100 0 2 Jefferies & Co. 36 97 3 3 Mesirow Financial Holdings Inc. 33 97 3 4 Lazard 27 96 4 5 Moelis & Co. LLC 21 100 0 6 Imperial Capital LLC 15 100 0 6 Rothschild 15 93 7 7 Trenwith Group LLC 13 100 0 8 Gordian Group LLC 12 100 0 9 Navigant Capital Advisors LLC 10 100 0 10 Blackstone Group LP 9 100 0 10 General Capital Partners LLC 9 100 0 11 National City Corp. 8 100 0 11 SSG Capital Advisors LLC 8 100 0 12 Miller Buckfire & Co. LLC 6 100 0 13 CRT Capital Group LLC 5 100 0 13 FocalPoint Partners LLC 5 100 0 13 Goldman, Sachs & Co. 5 100 0 13 Greenhill & Co. 5 100 0 13 Macquarie Capital (USA) Inc. 5 100 0 13 Peter J. Solomon Co. 5 100 0 14 Cain Brothers & Co. LLC 4 100 0 14 Chiron Financial Group Inc. 4 100 0 14 Donnelly Penman & Partners Inc. 4 100 0 14 Gulf Atlantic Capital Corp. 4 100 0 14 NatCity Investments Inc. 4 100 0 14 Stout Risius Ross Inc. 4 100 0 15 Allen & Co. LLC 3 100 0 15 Blackhill Partners LLC 3 100 0 15 CM&D Capital Advisors LLC 3 100 0 15 Consensus Advisors LLC 3 100 0 15 Evercore Partners Inc. 3 100 0 15 Financo Inc. 3 100 0 15 KPMG corporate finance LLC 3 100 0 15 Manchester Cos. 3 100 0 15 Perella Weinberg Partners LP 3 100 0 15 Raymond James & Associates Inc. 3 100 0 15 W.Y. Campbell & Co. 3 100 0 16 Algon Capital LLC 2 100 0 16 Bank of America Merrill Lynch 2 50 50 16 Beringea LLC 2 50 50 16 Brookwood Associates LLC 2 100 0 16 Candlewood Partners LLC 2 100 0 16 Chikol Equities Inc. 2 100 0 16 D.A. Davidson & Co. 2 100 0 16 Deutsche Bank AG 2 0 100 16 Fort Dearborn Partners Inc. 2 100 0 16 GMP Securities LP 2 50 50 16 Lazard Middle Market LLC 2 100 0 16 Libra Securities LLC 2 100 0 16 Matrix Capital Markets Group Inc. 2 100 0 16 Morgan Joseph & Co. 2 100 0 16 Periculum Capital Co. LLC 2 100 0 16 Phoenix Capital Resources 2 100 0 16 Rally Capital Services LLC 2 100 0 16 TM Capital Corp. 2 100 0 16 Triax Capital Advisors LLC 2 100 0 16 UBS Investment Bank 2 100 0 16 Waller Capital Corp. 2 100 0 17 Able Global Partners LLC 1 100 0 17 Acceleron Group LLC 1 100 0 17 Aegis Energy Advisors Corp. 1 100 0 17 Ahern & Partners 1 100 0 17 Altium Capital Srl 1 100 0 17 Amerifund Capital Securities LLC 1 100 0 17 Anderen Capital Inc. 1 100 0 17 Auspex Capital LLC 1 100 0 17 Axiom Capital Management Inc. 1 100 0 17 B.C. Ziegler & Co. 1 100 0 17 Benedetto, Gartland & Co. 1 100 0 17 Berenson & Co. 1 100 0 17 Biditup Industrial Assets Inc. 1 100 0 17 Brown Brothers Harriman & Co. 1 100 0 17 Brown Gibbons Lang & Co. 1 100 0 17 Buchwald Capital Advisors LLC 1 100 0 17 CFC Transactions LP 1 100 0 17 CIBC Mid-Market Investment Banking 1 0 100 17 CIBC World Markets Inc. 1 100 0 17 CRT Investment Banking LLC 1 100 0 17 Canaccord Capital Inc. 1 0 100 17 Capital West Partners LLC 1 0 100 17 Cascade Capital Group LLC 1 100 0 17 Caymus Partners LLC 1 100 0 17 Chatsworth Securities LLC 1 100 0 17 City Capital Advisors LLC 1 100 0 17 Compass Advisory Partners LLC 1 100 0 17 Convergence Capital Partners LLC 1 100 0 17 Credit Suisse First Boston 1 100 0 17 Credit Suisse Group 1 100 0 17 Credit Suisse Securities (USA) LLC 1 100 0 17 Cross Keys Capital LLC 1 100 0 17 Curtis Securities LLC 1 100 0 17 DH Capital LLC 1 100 0 17 Dirks, Van Essen & Murray 1 100 0 17 Dominick & Dominick LLC 1 100 0 17 EM Capital Inc. 1 100 0 17 Elm Capital Group LLC 1 100 0 17 Eureka Capital Partners LLC 1 100 0 17 EVE Partners LLC 1 100 0 17 Falkenberg Capital Corp. 1 100 0 17 Food Partners LLC 1 100 0 17 GLC Advisors & Co. LLC 1 100 0 17 Gruppo, Levey & Co. 1 100 0 17 GulfStar Group 1 100 0 17 H. C. Wainright & Co. 1 100 0 17 HNB Capital LLC 1 100 0 17 HT Capital Advisors LLC 1 100 0 17 Hexagon Capital Advisors 1 100 0 17 Hibernia Bank 1 100 0 17 Houlihan Smith & Co. 1 100 0 17 J.H. Chapman Group LLC 1 100 0 17 JMFinn Capital Markets Ltd. 1 0 100 17 Jacobs Capital LLC 1 100 0 17 Jorgensen Broadcast Brokerage 1 100 0 17 KSR Capital Advisors Inc. 1 100 0 17 Kaufman & Co. LLC 1 100 0 17 Ladenburg Thalmann Financial Services Inc. 1 100 0 17 Lakeshore Food Advisors LLC 1 100 0 17 Landsbanki UK (Securities) Ltd. 1 0 100 17 Lincoln Partners Advisors LLC 1 100 0 17 M&A Capital LLC 1 100 0 17 M.R. Beal & Co. 1 100 0 17 MarketPlace Advisors LLC 1 100 0 17 Media Venture Partners LLC 1 100 0 17 MelCap Partners LLC 1 100 0 17 Merrill Lynch & Co. 1 100 0 17 Michael P. Kahn & Assoc. LLC 1 100 0 17 Milestone Advisors LLC 1 100 0 17 Miller Mathis & Co. 1 100 0 17 Mirus Capital Advisors Inc. 1 100 0 17 Mosaic Capital LLC 1 100 0 17 Murphy Noell Capital LLC 1 100 0 17 Needham & Co. LLC 1 100 0 17 Newbury Piret & Co. 1 100 0 17 Newmarket Partners LLC 1 100 0 17 Ocean Park Advisors LLC 1 100 0 17 Pagemill Partners LLC 1 100 0 17 Paragon Capital Partners LLC 1 100 0 17 Patrick Communications LLC 1 100 0 17 Petrie Parkman & Co. 1 100 0 17 Phoenix Capital Inc. 1 100 0 17 Point Capital Partners LLC 1 100 0 17 Polymer TransAction Advisors Inc. 1 100 0 17 Rodman & Renshaw LLC 1 100 0 17 Roth Capital Partners LLC 1 100 0 17 Sage Group LLC 1 100 0 17 Scott-Macon Ltd. 1 100 0 17 Seneca Financial Group Inc. 1 100 0 17 Shattuck Hammond Partners LLC 1 100 0 17 Singer Capital Markets Ltd. 1 0 100 17 Sonenshine Partners LLC 1 100 0 17 Spectrum Capital Group LLC 1 100 0 17 Starshak Welnhofer & Co. 1 100 0 17 Stephens Inc. 1 100 0 17 Sunbelt Capital Corp. 1 100 0 17 Tactical Solutions LLC 1 100 0 17 Thomas Weisel Partners LLC 1 100 0 17 ThoughtStorm Strategic Capital LLC 1 100 0 17 Triangle Capital LLC 1 100 0 17 Tully & Holland 1 100 0 17 UBS AG 1 100 0 17 Valtus Capital Group LLC 1 100 0 17 Van Tulleken Co. 1 100 0 17 Venturi & Co. LLC 1 100 0 17 Wachovia Securities LLC 1 100 0 17 Wall Street Realty Capital Inc. 1 100 0 17 Woodward Capital Advisors 1 100 0 17 XMS Capital Partners LLC 1 100 0 17 Young & Partners LLC 1 100 0

3 Comments
 
Best Response

http://www.hl.com/us/frgrankings.aspx March 2010.... from HLHZ website. Source: The Deal Pipeline, March 2010. Based on 2009 engagements in which an institution served as a financial advisor to a MAJOR party-in-interest. They look a little different?

Rank Advisor No. of Cases 1 Houlihan Lokey 43 2 Chanin Capital Partners/Duff & Phelps 23 3* Mesirow Financial Holdings Inc. 22 3* Moelis & Co. LLC 22 4 Jefferies & Co. 21 5 Lazard 18 6 Miller Buckfire & Co. LLC 10 7* Blackstone Group LP 8 7* Rothschild 8 7* SSG Capital Advisors LLC 8 8* Imperial Capital LLC 7 8* Trenwith Group LLC 7 9 Gordian Group LLC 6 10* General Capital Partners LLC 5 10* Goldman, Sachs & Co. 5

I think places like Chanin and Mesirow do many creditor-side representations in the MM, which gives them a boost in these tables. No surprises though.

 

I took the rankings directly from The Deal. Considering that your ranking came directly from the HLHZ site and the fact that HLHZ finished first, it's a little biased because they tried to present a large gap between #1 and #2 by defining the league table a little differently, I bet.

I think all the guys from HLHZ down to Miller Buckfire have significant creditor assignments and hence large number of cases.

Also for companies like Goldman Sachs, I think these are primarily from London right, since BBs can't compete in the restructuring arena in the US.

 

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