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Published on 9/29/2008 in the Prospect News Distressed Debt Daily.

Houlihan Lokey rehires Matthew Niemann as managing director, co-head of restructuring

By Devika Patel

Knoxville, Tenn., Sept. 29 - Houlihan Lokey said in a press release that Matthew Niemann has rejoined the firm as managing director and co-head of the Los Angeles-based investment bank's Midwest restructuring practice.

Niemann will focus on providing restructuring advice to companies and their constituents.

He joins from Cerberus Capital Chicago, an affiliate of Cerberus Capital Management, where he was a managing director and focused on private equity and lending investments. He also worked with GMAC ResCap, a Cerberus Capital portfolio company.

Prior to joining Cerberus, Niemann was a managing director with Houlihan Lokey in its Chicago and Los Angeles offices.

Earlier in his career, he was with the restructuring and corporate finance group of PricewaterhouseCoopers and practiced law with Bryan Cave in St. Louis in its corporate, banking, real estate and restructuring practices.

Niemann has been involved in a number of notable restructurings throughout his career, including Sea Containers, Meridian Automotive, USG, Interstate Bakeries, St. Vincent's Catholic Medical Centers, the National Benevolent Association, Farmland Foods, Bugle Boy Industries, StairMaster, Allied/Federated and Interco.

Niemann holds a finance and law degree from St. Louis University, where he was on the Law Review. He is a certified turnaround professional (as recognized by the Turnaround Management Association), a member of the American Bankruptcy Institute and has been recognized by the K&A Registry as one of the leading restructuring investment bankers in the United States, according to Houlihan Lokey.

"We hated to lose Matt and we are delighted to have him back. The extra experience and perspective he gained at Cerberus will be an asset to our clients," co-chief executive officer Jeff Werbalowsky said in the release.

"I gained incredible insights that will benefit me as I return to the advisory side of the business. Cerberus is a world-class organization and I have a great deal of respect for the firm and its leadership," Niemann said of the value of his association with Cerberus in the release. "My decision to return to Houlihan Lokey was driven by my desire to return to my roots as an advisor as the distressed cycle unfolds over the next several years."


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