Lincoln International adds Raffael Huber as Director to expand firm's presence in Switzerland. Lincoln International, a global investment banking advisory firm, is pleased to announce the addition of Raffael Huber as a Director in its Industrials Group. Based in Zurich, Raffael will play a leading role in expanding Lincoln's presence in Switzerland and across Europe. "Raffael joins Lincoln at a time of strong momentum and continued growth for our Swiss practice," said Øyvind Bjordal, Managing Director & Head of Switzerland. "He is a highly respected senior banker with a strong track record and deep industry knowledge. Our clients will be well-served by his significant experience advising corporate clients, entrepreneurs and financial sponsors across the private capital markets." The appointment reflects Lincoln's ongoing commitment to investing in its platform and attracting exceptional talent. With 15 years of M&A experience in Switzerland, Raffael has advised on several transactions and has held regional and client coverage responsibilities across various sectors. He has deep expertise in complex cross-border sell-side and buy-side M&A, valuations, process leadership, negotiation and stakeholder management involving both private and public companies, as well as entrepreneurs and financial sponsors. "I look forward to joining Lincoln's leading global platform at such an exciting time of growth," said Raffael. "Over the last decade, the firm has established a strong track record and growth trajectory in Switzerland. Lincoln's deep sector expertise and entrepreneurial culture align with my own values, and I look forward to working with my esteemed new colleagues on the transactions to come." Prior to joining Lincoln, Raffael was an Executive Director at UBS Investment Bank. Earlier in his career, he held roles at Credit Suisse investment banking and PwC's M&A corporate finance team. Raffael completed a Master of Accounting & Finance at Universität St. Gallen

Ramakrishna K.V. Joins Lincoln International as a Senior Advisor to Valuations & Opinions Group. June 10, 2026 Lincoln International, a global investment banking advisory firm, is pleased to announce that Ramakrishna K.V. has joined the firm as a Senior Advisor to its Valuations & Opinions Group. Ramakrishna joins Lincoln International's global network of academic and industry Senior Advisors who provide independent perspectives on valuations, market color and evolving best practices. "As Lincoln continues to invest in growing our geographic and service coverage, we are excited to welcome Ramakrishna as a Senior Advisor to our valuations team in India," said Brian Garfield, Managing Director & Global Head of Portfolio Valuations. "Our clients and practice will be well-served by his years of experience in India's venture capital and private equity industries." Over the last two decades, Ramakrishna has served on the boards of several companies, where he has adopted a collaborative strategy to establish best governance standards and help scale businesses while managing growth. His advisory focus is supporting talented entrepreneurs seeking exceptional growth opportunities and long-term value creation across high-growth sectors, including life sciences, technology, agriculture, manufacturing, consumer, and infrastructure services. "I am excited to welcome Ramakrishna as a Senior Advisor to our growing team of valuations professionals," said Varun Gupta, Managing Director. "Throughout his distinguished career, he has earned a deep respect across our industry and gained a prominent position as a trusted voice in valuations." Prior to his appointment as Valuations Senior Advisor, Ramakrishna served as the Chief Executive Officer of Kotak Private Equity, the private equity arm of Kotak Mahindra Group, where he was responsible for managing various growth funds with over $700 million of assets under management. Earlier in his career, he held roles at Carlyle Asia and ICICI Venture. "I look forward to working alongside Lincoln's esteemed Valuations & Opinions Group," said Ramakrishna. "India's capital leaders increasingly rely on research-backed analysis and third-party valuation processes, and I look forward to collaborating with the firm's valuations professionals to meet this demand."

Lincoln International's shares closed at $23.50, down 2.33%, prompting investors to reassess the advisory firm's valuation. The stock trades at a price-to-earnings ratio of 3.9x, significantly below the US Capital Markets industry average of 40.1x and peer average of 16x. Despite generating $191.47 million in net income, the low P/E suggests investors remain cautious about earnings durability. However, a discounted cash flow analysis estimates future value at $111.33 per share, implying the market is heavily discounting the stock by approximately 79%. The year-to-date share price return stands at 4.35%, indicating modest momentum. Key risks include reliance on transaction-driven advisory fees and sensitivity to funding conditions across private equity and institutional investor clients.