Mr. Spencer is a Managing Director in Houlihan Lokey’s Financial Restructuring Group. He is an expert in corporate and government restructuring and is based in the firm's Minneapolis office. Over two decades, Mr. Spencer has led financial restructurings in a diverse range of industries. In government restructuring, Mr. Spencer is a widely recognized expert, having advised key creditors in high-profile restructurings such as Puerto Rico and Detroit. Mr. Spencer specializes in large, complex transactions involving political or regulatory constraints. Mr. Spencer frequently speaks on the topics of corporate and government restructuring and has testified as an expert before the U.S. Congress and various federal agencies. Mr. Spencer is a graduate of the University of Wisconsin–Madison.