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Floating boutique

13 July 2015 By Antony Currie

The U.S. advisory firm had lowish profit margins on $681 mln of revenue last year, and new owners won’t have much say. But Houlihan Lokey may weather any downturn better than other independents. That factor will make valuing Lazard, Evercore, Moelis and Greenhill even tougher.

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