Houlihan Lokey, Inc. is an independent, advisory-focused, global investment bank. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. The firm advises large public and closely held companies as well as institutions and governments. Its main service lines include mergers and acquisitions, capital markets, restructuring and Distressed M&A, fairness opinions, and valuations. As of 2015, Houlihan Lokey employed over 980 employees worldwide.