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Tuesday, Sep 16, 2025

2025 Top 100 Bankers: BANKING ICON HONOREE

 

SHERRY CEFALI
Managing Director, Transaction Opinions
Duff & Phelps Opinions Practice of Kroll, LLC

When Sherry Cefali started her career at Houlihan Lokey back in 1986, there were almost no women in this field. In fact, Cefali was the second professional woman to join Houlihan Lokey since their inception. She made her way up the ranks and by the time she left the firm in 1990, she was a vice president in the organization.

Today, Cefali is a managing director in the Duff & Phelps Opinions Practice of Kroll, LLC. In addition, she is a member of the firm’s Fairness and Solvency Opinion Senior Review Committee. She has now been with that firm for over 30 years, advising companies and boards, rendering fairness opinions and solvency opinions and determining valuations of companies and securities. When she joined in July 1990, she also found out she was expecting her first child only weeks after she joined the firm! Cefali continued to build her network in the Los Angeles community and was promoted to senior vice president and then to managing director in 2000. Cefali was asked to head the Los Angeles office of Kroll. She established a new Century City office location for the team and started the OneLA team, comprised of volunteers in the Kroll LA office to give back to the community in LA.

Known as a leader in providing transaction opinions in REIT and real estate transactions, Cefali also serves as part of the steering committee of Nareit’s Dividends Through Diversity and Inclusion initiative to promote the recruitment, inclusion and advancement of women and other diverse groups in the industry.

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