Joseph W. Simon Joins Moelis & Company as Managing Director and Chief Financial Officer

New York, July 13, 2010

Moelis & Company today announced Joseph W. Simon has joined the firm as Managing Director and Chief Financial Officer. Mr. Simon will be responsible for all finance and accounting matters and will be based in the firm’s headquarters in New York. He has over 25 years of experience as a senior manager of financial controls, operations and strategy and has particular experience with financial services firms.

Mr. Simon most recently served as CFO of Financial Security Assurance (“FSA”) for seven years. He was a member of the Executive Management Committee and re-engineered FSA’s treasury and accounting areas to enhance the firm’s financial planning and analysis, allocation of capital and transparency of financial reporting. In addition, he led several financing transactions for the firm.

“Joe is an accomplished finance and accounting executive with significant strategy and operations experience,” said Ken Moelis, Chief Executive Officer of Moelis & Company. “His entrepreneurial approach and commitment to teamwork are a natural fit with our business and culture. We are delighted to welcome him to Moelis & Company as we continue to build a first-class infrastructure to support the profitable growth of our business globally.”

Prior to FSA, Mr. Simon worked at Cantor Fitzgerald where he served as CFO, Global Controller and Global Head of Operations. During his time at Cantor Fitzgerald, he managed a global accounting and operations team and established the firm’s treasury function. Before joining Cantor Fitzgerald in 1993, Mr. Simon was a Principal and Vice President of Fixed Income Product Control at Morgan Stanley. Mr. Simon has also served as CFO of IntraLinks and TENTV.com. Mr. Simon began his career at Price Waterhouse and is a certified public accountant.

About Moelis & Company
Moelis & Company, named Best Global Independent Investment Bank in 2010 by Euromoney, is a global investment bank that provides financial advisory services and capital raising solutions to clients in connection with mergers and acquisitions, restructurings and other strategic matters. The firm also manages investment funds that integrate capital with its advisory expertise. With over 325 employees, Moelis & Company serves a broad client base through its offices in New York, Boston, Chicago, London, Los Angeles and Sydney. For more information, please visit www.moelis.com.