Michael Krakovsky is a Managing Director and the Head of Special Situations. Mike has 20 years of experience providing advice on a wide range of special situations transactions. He has advised middle-market debtors and creditors on numerous in-court and out-of-court restructuring transactions, and has focused on distressed companies as both an investment banker and a principal investor.

Prior to joining Stout, Mike spent 13 years in Houlihan Lokey’s Financial Restructuring Group in Los Angeles, where he was a senior officer completing transactions across a variety of industries. In addition, Mike has experience as a principal investor at Levine Leichtman Capital Partners’ Deep Value distressed debt fund, where he was a Managing Director responsible for sourcing and analyzing distressed debt opportunities and managing the fund’s investment portfolio. He began his career as a transactional lawyer with Irell & Manella.

Mike frequently presents on restructuring topics at various industry events including the Turnaround Management Association (TMA), American Bankruptcy Institute (ABI), New York City Bar Conference, and the Houlihan Lokey Aerospace Defense and Government Industry Conference.