NMC Health Plc (LSE:NMC) Founder Bavaguthu Raghuram Shetty hired Houlihan Lokey Inc. to explore strategic options for his holding company, including a potential debt restructuring or the sale of some assets, according to people familiar with the matter. The investment bank is working with BRS Ventures Investment to revamp debt and seek potential investment partners or sell assets from the portfolio, which holds 30 companies including hospital operator NMC and financial services firm Finablr Plc, according to the people. The borrowing of the holding company includes a loan of about $1 billion that was used to acquire Travelex Holdings Ltd., said the people, who asked not to be identified as the matter is private. Representatives for BRS Ventures and Houlihan Lokey declined to comment.