New York, USA – November 29, 2012 – Houlihan Lokey, the No. 1 restructuring advisor globally, the No. 1 M&A fairness opinion advisor over the past 10 years and the No. 1 M&A advisor for U.S. transactions under $1 billion according to Thomson Reuters, has organized an Alternative Asset Valuation Symposium aptly named ‘Learning from the Past, Managing the Present, Planning for the Future’. The event took place at the New York Athletic Club on Tuesday, 27th of November 2012 and it was a big success with over 100 high profile attendees.

The symposium comprised four individual panel discussions, powered by high-caliber speakers from Houlihan Lokey, Axia Ventures Group (‘’AVG’’), the International Monetary Fund, Fortress Investment Group, J.P. Morgan Alternative Asset Management, Marathon Asset Management, Albourne Partners, Davidson Kempner Capital Management and CarVal Investors among others.

Mr. Antonios Achilleoudis, Group Managing Director of AVG, was one of the panelists during the first discussion of the day, entitled ‘Tackling the Global Valuation Challenges; Crisis in the Euro Zone’, along with Mr. Robert Sheehy, Deputy Director, Monetary and Capital Markets Department, International Monetary Fund; and Mr. Max Ziff, Managing Director, Houlihan Lokey. The moderator of the discussion was Mr. Sandy Purcell, Senior Managing Director and Head of International Financial Advisory Services, Houlihan Lokey. The focus of the discussion evolved around questions such as determining fair values in countries where the sovereign is itself distressed, identifying risk free rates in countries which don’t control their own monetary policy and building prices of potential sovereign default into asset values.

The importance of the event was highlighted by Mr. Achilleoudis who stated: ‘’Participating at the event is a pleasure for us, given our relationship and partnership with Houlihan Lokey. We are very pleased to have been part of such an esteemed panel and also with the overall success of the symposium’’.