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News

February 07, 2024

Moelis & Company Reports Fourth Quarter and Full Year 2023 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share

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Moelis & Company Reports Fourth Quarter and Full Year 2023 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share

New York, February 07, 2024

News

February 07, 2024

Moelis Enhances Credit Funds Coverage with Appointment of Robert Mendelson as a Managing Director

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Moelis Enhances Credit Funds Coverage with Appointment of Robert Mendelson as a Managing Director

New York, February 07, 2024

Moelis (NYSE: MC), a leading global independent investment bank, today announced that it has appointed Robert Mendelson as a Managing Director. Based in New York, he will enhance the Firm’s coverage of credit investment institutions and platforms including CLOs, private credit managers, multi-strategy fund managers, and institutional asset managers.

Rob brings over 20 years of investment expertise spanning leveraged finance and asset management with deep experience in restructuring, complex capital structures, and portfolio management. He joins from Venor Capital Management where he was the Head of Trading and Sourcing. Prior to his nearly 18 years at Venor, Rob began his career as a credit analyst at Shenkman Capital Management.

Thane Carlston and William Derrough, Global Co-Heads of Capital Structure Advisory at Moelis commented, “We are pleased to welcome Rob, whose buy-side experience and extensive relationships will bring a unique perspective to our global clients. As the credit landscape continues to evolve and institutional credit-oriented investors increasingly seek tailored coverage, Rob’s appointment underscores our commitment to delivering client-centric solutions and unmatched connectivity.”

News

January 17, 2024

Moelis & Company to Announce Fourth Quarter and Full Year 2023 Financial Results and Host a Conference Call on February 7, 2024

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Moelis & Company to Announce Fourth Quarter and Full Year 2023 Financial Results and Host a Conference Call on February 7, 2024

New York, January 17, 2024

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, February 7, 2024.

Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (February 7, 2024) to review the financial results. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) and using access code 8014191. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at +1 800 770 2030 (domestic) or +1 647 362 9199 (international); the conference number is 8014191.

About Moelis & Company

Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.

News

November 29, 2023

Moelis & Company Management to Speak at the Goldman Sachs US Financial Services Conference

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Moelis & Company Management to Speak at the Goldman Sachs US Financial Services Conference

New York, November 29, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to speak at the Goldman Sachs US Financial Services Conference on Wednesday, December 6th at 1:40p.m. Eastern Time.

The presentation and a live webcast will be available through the Investor Relations section of the Moelis & Company website at www.moelis.com. For those unable to listen to the live webcast, a replay will be available for 90 days on the same website following the conference.

News

November 02, 2023

Moelis & Company Reports Third Quarter and First Nine Months 2023 Financial Results

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Moelis & Company Reports Third Quarter and First Nine Months 2023 Financial Results

New York, November 02, 2023

News

October 12, 2023

Moelis & Company to Announce Third Quarter 2023 Financial Results and Host a Conference Call on November 2, 2023

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Moelis & Company to Announce Third Quarter 2023 Financial Results and Host a Conference Call on November 2, 2023

New York, October 12, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its third quarter 2023 financial results after the market closes on Thursday, November 2, 2023.

Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (November 2, 2023) to review the financial results. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) and using access code 8014191. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at +1 800 770 2030 (domestic) or +1 647 362 9199 (international); the conference number is 8014191.

About Moelis & Company

Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.

News

October 09, 2023

Moelis & Company Appoints Jean-Eudes Renier as a Managing Director in Europe, Expanding its Global Industrials Franchise

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Moelis & Company Appoints Jean-Eudes Renier as a Managing Director in Europe, Expanding its Global Industrials Franchise

New York and London, October 09, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that Jean-Eudes Renier has joined the Firm as a Managing Director, expanding its Industrials coverage in Europe and enhancing its franchise globally. Effective immediately, he will be based in London.

Jean-Eudes brings nearly 30 years of investment banking experience across many Industrials sectors including autos, automotive technology, steel and mining, building products, paper and packaging and capital goods. Jean-Eudes joins from Bank of America Merrill Lynch where he led the Global Industrial Investment Banking business for many years and most recently served as Chairman of the unit. Prior to his 15 years at Bank of America, he worked at Morgan Stanley where he focused on the basic materials sectors.

Ken Moelis, Chairman and Chief Executive Officer at Moelis commented, “There’s been significant momentum in our Industrials franchise to meet the needs of our clients across this evolving landscape. The hire of Jean-Eudes demonstrates our continued investment in premier senior talent and our commitment to providing quality advice and deep expertise to clients around the world.”

Yorick van Slingelandt, Managing Director and Co-Head of Europe at Moelis added, “Jean-Eudes is an industry leader with extensive relationships and a proven track record. His ability to provide innovative strategic advice and solutions will be critical to helping both corporate and sponsor clients across the Industrials sector optimize their business through strategic investments, divestitures, and other transformative transactions.”

Jean-Eudes builds on the recent growth of Moelis’s leading global Industrials franchise, which saw the arrival of Metals & Mining experts Douglas Pierson in New York earlier this year, and Jeremy Lane in Hong Kong last month.

News

September 18, 2023

Moelis & Company Appoints Jeremy Lane as a Managing Director in Hong Kong, Further Strengthening its Global Industrials Franchise

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Moelis & Company Appoints Jeremy Lane as a Managing Director in Hong Kong, Further Strengthening its Global Industrials Franchise

New York and Hong Kong, September 18, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that it has appointed Jeremy Lane as a Managing Director.  Based in Hong Kong, Jeremy will provide strategic and financial advice to Industrials clients with a focus on Metals & Mining.

Jeremy joins from Credit Suisse where he most recently served as Head of Metals & Mining for Asia. Previously, Jeremy held a number of investment banking roles at Credit Suisse spanning the mining, industrials, and new energy sectors.

Richard Orders, Managing Director who leads Moelis’s business in Hong Kong, commented, “Jeremy’s deep knowledge of the mining sector across Asia and extensive experience on cross-border transactions make him uniquely placed to provide clients with innovative advice and solutions as the demand for strategic metals, in particular, continues to intensify.”

Jeff Raich, Co-President and Co-Founder of Moelis added, “Jeremy’s appointment reflects Moelis’s commitment to bringing broad and diversified expertise to Metals & Mining clients around the world as they navigate rapidly evolving supply chain dynamics driven by energy transition and vehicle electrification mega trends.”

Jeremy’s hire represents a further expansion of Moelis’s leading global Industrials and Metals & Mining franchises following the appointment of Douglas Pierson in New York earlier in the year.

News

September 14, 2023

Moelis & Company Strengthens its Power & Utilities Expertise with Appointment of Philip Holder as a Managing Director

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Moelis & Company Strengthens its Power & Utilities Expertise with Appointment of Philip Holder as a Managing Director

New York and Houston, September 14, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that it has appointed Philip Holder as a Managing Director expanding the Firm’s Power & Utilities coverage. Based in Houston, Phil will provide strategic advice to clients with a focus on the power, utility, financial sponsor, and clean technology sectors.

Phil was most recently a Senior Vice President of Strategic Planning at CenterPoint Energy where he was responsible for corporate strategy, M&A, and financial planning, in addition to the company’s ESG and Energy Transition strategy. Previously, Phil spent over 16 years as an investment banker where he provided a broad range of strategic advice on M&A and restructuring situations in the Power & Utilities sector, holding roles at Guggenheim, Citigroup, and UBS. Notably, he was the financial advisor to Governor Gavin Newsom regarding the establishment of the California State Wildfire Fund.

Jeff Raich, Co-President and Co-Founder of Moelis commented, “We are pleased to deepen our capabilities and further enhance our commitment to our power and utility clients. Phil’s industry knowledge and unique perspective of the challenges that impact their businesses will be highly additive to our leading Power & Utilities franchise.”

News

September 12, 2023

Moelis & Company Appoints Jugjeev Duggal as a Managing Director

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Moelis & Company Appoints Jugjeev Duggal as a Managing Director

New York, September 12, 2023

Strengthens its M&A Capabilities in Clean Technology and Power, Utilities & Infrastructure

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that it has appointed Jugjeev Duggal (JD) as a Managing Director. Based in New York, he will provide senior-level advisory expertise on Mergers & Acquisitions with a focus on the clean technology, mobility, power, utilities and infrastructure sectors. Jugjeev’s hire further expands the Firm’s Clean Technology capabilities, following the recent launch of this dedicated effort.

Jugjeev joins from Citigroup, where most recently he was a Managing Director focused on coverage of the power, utilities, infrastructure, renewables and clean tech sectors. He brings more than 20 years of investment banking experience advising corporates, sponsors, infrastructure clients and sovereign wealth funds on a broad range of strategic transactions. Earlier in his career, Jugjeev held investment banking roles at Barclays and Lehman Brothers.

Anton Sahazizian, Managing Director and Global Head of M&A at Moelis commented, “The dramatic rise in capital flowing into renewable energy and clean tech reflects the need for the outstanding experience, relationships, and execution expertise that JD brings to our platform. We are delighted he has joined us to expand our advisory capabilities and partner with our Clean Technology and Power, Utilities & Infrastructure groups to deliver the full suite of Moelis’s products and services to our clients around the world.”

Jeff Raich, Co-Founder and Co-President at Moelis added, “As clients across sectors and geographies increase their focus on cleaner energy, the addition of JD to our M&A team underscores our commitment to expanding the strategic advice and bespoke solutions that we can offer clients looking to respond to this paradigm shift in the global landscape.”

News

September 07, 2023

Moelis & Company Launches Dedicated Clean Technology Group; Appoints Arash Nazhad as a Managing Director to Co-Lead the Group Together with Moelis Managing Director Rick Polhemus

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Moelis & Company Launches Dedicated Clean Technology Group; Appoints Arash Nazhad as a Managing Director to Co-Lead the Group Together with Moelis Managing Director Rick Polhemus

New York, Houston, and San Francisco, September 07, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the formation of its Clean Technology Group and the appointment of Arash Nazhad as a Managing Director in Houston to co-lead the new group.

The Firm’s dedicated focus on energy transition and sustainability will expand Moelis’s existing efforts across this dynamic global sector, including having advised on more than $50 billion of transactions globally. Arash will co-lead the group alongside current Moelis Managing Director Rick Polhemus, who has a longstanding focus on a range of growth-driven technology, electrification/mobility, sustainability, and services sectors. Together they will partner with and draw on the Firm’s industry expertise in Energy, Power & Infrastructure, Chemicals, Metals & Mining, Technology, and Services as well as advisory capabilities in M&A, Capital Markets, Capital Structure, and Private Funds to bring bespoke and innovative advisory and capital formation solutions to clients navigating this evolving ecosystem.

Arash brings nearly 20 years of investment banking experience and deep expertise in clean energy technology. He joins from Citi where he provided strategic advice and capital markets solutions to companies across clean tech, energy, metals, technology, industrials, power, and the sustainability landscape. Prior to Citi, Arash spent nearly a decade at the Norwegian international energy company Equinor, in various operational and leadership roles and began his career working on Clean Development Mechanism projects across East Asia.

Jeff Raich, Co-Founder and Co-President at Moelis commented, “The formation of Moelis’s Clean Technology Group underscores our continued dedication to supporting our clients as they navigate decarbonization across a range of industries and end markets, as well as the breadth of new companies, technologies and services that are established to support this transition. This will be a long-term secular trend driving the investment decisions and strategic direction of our clients. We are pleased to welcome Arash, whose expertise and complementary capabilities make him and Rick uniquely positioned to lead our efforts and expand opportunities for clients in this rapidly changing environment.”

Navid Mahmoodzadegan, Co-Founder and Co-President at Moelis added, “The energy transition that is underway demands integrated advisory services, access to capital, and strategic long-term planning. Achieving net-zero emissions will require a significant increase in spending, and our dedicated clean energy efforts better position us to be a seamless partner to our strategic, financial sponsor, and venture capital clients as we leverage our dynamic advisory practice and global connectivity.”

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About Moelis & Company

Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.

News

July 26, 2023

Moelis & Company Reports Second Quarter and First Half 2023 Financial Results

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Moelis & Company Reports Second Quarter and First Half 2023 Financial Results

New York, July 26, 2023

News

July 05, 2023

Moelis & Company to Announce Second Quarter 2023 Financial Results and Host a Conference Call on July 26, 2023

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Moelis & Company to Announce Second Quarter 2023 Financial Results and Host a Conference Call on July 26, 2023

New York, July 05, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its second quarter 2023 financial results after the market closes on Wednesday, July 26th, 2023.

Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (July 26, 2023) to review the financial results. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) and using access code 8014191. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at +1 800 770 2030 (domestic) or +1 647 362 9199 (international); the conference number is 8014191.

About Moelis & Company

Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

News

June 07, 2023

Moelis & Company Management to Speak at the Morgan Stanley U.S. Financials, Payments and CRE Conference

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Moelis & Company Management to Speak at the Morgan Stanley U.S. Financials, Payments and CRE Conference

New York, June 07, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that Navid Mahmoodzadegan, Co-President, is scheduled to speak at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Wednesday, June 14th at 10:15am Eastern Time.

The live audio webcast will be available through the Investor Relations section of the Moelis & Company website. For those unable to listen to the live webcast, a replay will be available for 90 days on the same website following the conference.

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About Moelis & Company

Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors.  The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

News

May 17, 2023

Moelis survey finds most LPs are open to new GP relationships, despite challenging macro conditions and an emphasis on re-ups

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Moelis survey finds most LPs are open to new GP relationships, despite challenging macro conditions and an emphasis on re-ups

New York, May 17, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the results of its 2nd ‘Private Markets Insights’ survey of Limited Partners (LPs) and General Partners (GPs). This edition aims to assess the current private equity (PE) fundraising landscape with an emphasis on Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) initiatives.

The survey takes place in an opaque macroeconomic environment where Moelis found that GPs (67%) and LPs (41%) agree that interest rates pose the greatest threat to private equity performance. Nevertheless only 14% of LPs have shifted their PE investment approach since the fed began raising rates. The survey also found a lack of consensus in LPs’ macro outlook, with 41% of LPs saying the anticipated timing of a US recession is “unclear”.

“Lack of clarity in the macroeconomic environment continues to be an overhang on both LPs and GPs, underscoring the challenges that the PE community faces in putting capital to work,” said Rodney Reid, Managing Director and Head of Private Funds Advisory at Moelis. “While most managers and investors are not looking to overhaul their strategies, the disruptive macro environment has created pockets of opportunity for both LPs and GPs to re-tool, refine and redirect their efforts.”

GPs face a challenging, but not impossible, fundraising environment  

The survey found that re-ups remain an important piece of LPs’ planned allocations. Nonetheless, most expect to add new GP relationships and won’t be fully allocated until the second half of 2023:

  • 66% of LPs expect to dedicate at least 75% of 2023 allocations to re-ups
  • 63% of LPs say they are not planning to cut back new GP relationships
  • 61% of LPs anticipate having capital to deploy into the second half of the year

In addition, sector interests have begun to shift:

  • Emerging technology (including A.I.) and energy transition are popular themes, with 64% and 54% of LPs, respectively, indicating interest
  • More than 20% of LPs indicated an interest in professional sports investing
  • Only 12% of LPs indicated an interest in blockchain assets

Spotlight on evolving trends in ESG & DEI

ESG and DEI have been established trends in private equity fundraising for years, but how exactly do they factor into decision-making processes for both LPs and GPs?

The survey found that over 75% of LPs consider ESG in some way during the underwriting process. However, only 26% have strict guidelines on ESG that they are prohibited from violating. Additionally, 69% of LPs claim they do not favor one part of ESG more heavily compared to others during their underwriting process. This could suggest that while LPs believe ESG should be considered in some capacity, there is no consensus on precisely what role it should play in regard to investment decisions.

GPs are dedicating more resources to satisfy LPs’ increased focus on ESG:

  • 92% of GPs said that LPs are requesting more reporting and data on ESG and DEI since 2020
  • 67% of GPs have either a dedicated in-house professional or a third-party service provider (or both) focused on ESG & DEI

Regarding DEI, GPs continue to prioritize recruiting and retaining diverse talent in part because they believe it can drive superior returns at the fund level. At the portfolio company level, GPs are taking a variety of measures to promote DEI.

Published semi-annually, Moelis’ Private Markets Insights survey aims to assess the current PE fundraising landscape. The 2nd edition captured the views of more than 80 institutional LPs and a dozen senior women and diverse PE professionals in the GP community, representing a broad range of organization types, sizes, and experience. Responses were collected during Q1 2023.

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About Moelis & Company

Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors.  The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.