November 01, 2010
New York, November 01, 2010
Moelis & Company today named Landon D. Parsons a Senior Advisor in the firm’s Risk Advisory Group. He will be based in New York serving clients globally as they manage their financial assets and key position and portfolio risks. Mr. Parsons has nearly 25 years of structured credit experience as an analyst, investor and advisor. He has worked as a consultant to Moelis & Company since January 2010.
Previously, Mr. Parsons was a member of the Mortgage Special Situations Group at Goldman Sachs. He joined Goldman in 2008 after seven years at C-BASS, an affiliate of Mortgage Guaranty Insurance Corporation and Radian, where he was a Managing Director responsible for investing and managing structured products in non-agency and subprime RMBS, CMBS and ABS. He developed and managed the $10 billion C-BASS CBO program. Mr. Parsons also served as Managing Director and Co-Head of Structured Finance for CGA Investment Management and as a Senior Business Development Manager at Financial Guaranty Insurance Company. Prior to this, he held positions at Credit Lyonnais, Capital Markets Assurance Corporation and Citicorp.
“Our Risk Advisory Group has advised clients on a number of complex situations to help manage and mitigate risk,” said Ken Moelis, Chief Executive Officer of Moelis & Company. “Landon knows how to evaluate the most complicated structures and develop strategies that create value for our clients.”
Chris Ryan, Managing Director of Moelis & Company, added: “Landon has a deep understanding of structured products across a wide range of asset classes. As a consultant, he has made a significant contribution to our team and the solutions we offer clients, and we are delighted to have him join the firm as a Senior Advisor.”
About Moelis & Company
Moelis & Company, named Best Global Independent Investment Bank in 2010 by Euromoney, is a global investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With over 400 employees, Moelis & Company serves its clients through offices in New York, Boston, Chicago, London, Los Angeles and Sydney. For more information, please visit www.moelis.com.
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