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Houlihan Lokey names managing director, vice president for its healthcare group

Houlihan Lokey Inc. expanded its healthcare services' team by hiring Jerome Brown as the managing director and Austin Smith as the vice president.

Earlier, Brown was the managing director of JMP Securities. He will now look after various sectors within healthcare services, including distribution, payer services and workers' compensation. Smith also joined from JMP Securities, where he advised healthcare clients on M&A, recapitalizations and growth equity investments.