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  "documentTitle": "Houlihan Lokey | Investor Presentation Deck | 33 slides",
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  "authorName": "Houlihan Lokey",
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  "notes": "The slide uses a decomposition of the total M&A market to illustrate the 'Room to Grow' in the mid-cap space.",
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      "text": "GLOBAL CLOSED M&A TRANSACTIONS CY 2022",
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      "text": "Our Corporate Finance business is a leader in the Global mid-cap space, which represented approximately 99% of M&A volume in CY 2022. Our market share in the Global mid-cap space is approximately 1%. The mid-cap space is less volatile.",
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      "text": "Source: Refinitiv. 1. Includes capital advisory transactions.",
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      "text": "Corporate Finance Mergers & Acquisitions",
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