Sad to report.
The New York Times reports that an announcement sent to Houlihan Lokey employees on Sunday said that Feinstein died of a heart attack.
Feinstein was one of the few bankers who publicly advised shareholder activists on their campaigns, in which they targeted corporations that they thought were undervalued and agitated for changes.
'We are deeply saddened by the loss of our friend and colleague, Gregg Feinstein', Houlihan Lokey said in a statement. 'His contribution to our business was significant, and his warmth and generosity was well known among his clients, colleagues and friends'.
Bloomberg News reports that Robert Hotz, Houlihan Lokey’s co-head of corporate finance, said Monday in a telephone interview: 'He had a young person’s outlook, even when he was moving toward middle age. He made us better M&A bankers overall. He clearly advanced the art of the practice here'.