Houlihan Lokey Chicago Reputation? (Healthcare and RX)

pbeverley's picture
Rank: Monkey | 36

Does anyone have any insight into the Houlihan Lokey Restructuring and Healthcare groups in Chicago? I am aware HLHZ RX is traditionally a strong group, but haven't heard much about the Chicago office. Same for the Healthcare team.

Any information on the culture, compensation, reputation, exit opps, etc. would be appreciated!

Comments (18)

Sep 11, 2018

Chicago is home to Food/Consumer team. Very strong. Lots of sponsor representation and is the most active MM team in the space.

Sep 11, 2018

bump

Sep 12, 2018

Very strong in both groups. Expect to get worked in RX, but they're the best in the business for that coverage group and you'll have a great experience.

Plus Chicago is a place with New York opportunity at half the price, you'll have a great quality of life in the city.

Sep 12, 2018

Interested in hearing more about RX and about exit options from that group in particular (bonus points for Associate level exit options).

Sep 12, 2018

Have heard that the Chicago RX group previously had a reputation for screamers and bad culture, is this still the case or have things improved?

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Sep 12, 2018

It seems like the HLHZ RX are sweatshops across the board.

Do you have any insight into the culture of the Healthcare group?

Sep 12, 2018

It's better than other HLHZ groups by comparison, the same way prison in Russia is better than prison in Turkey.

Sep 12, 2018

Chicago restructuring is relatively weaker vs. other offices. They don't do a lot of the large, complex restructurings that you want to get experience with as an analyst (assuming you want to work at a hedge fund). Exits to MM PE and direct lending funds will be fine though.

Sep 19, 2018

Houlihan is good in restructuring. Don't really know about Chi, but Minny has some restructuring ballers. They typically represent creditor side, which is the opposite of most banks- the experience will be "different," but if you work hard it should still be good.

As far as exit opps, restructuring tends to go to turnaround shops and distressed debt funds, stuff like that. It's really up to you if you would rather go BB, but I think HLHZ would be much more stable over the short term.

Sep 19, 2018
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