April 29, 2009
London, April 29, 2009
Moelis & Company announced today that Matthew Prest and Charles Noel-Johnson will join the firm’s Recapitalization & Restructuring Group in July and will be based in London. Mr. Prest and Mr. Noel-Johnson, who have worked together for over five years, were previously at Close Brothers where they built a leading European restructuring practice.
The appointments of Mr. Prest and Mr. Noel-Johnson follow Moelis & Company’s announcement on 22nd April that Mark Aedy will join the firm in June as Head of Europe, Middle East and Africa Investment Banking based in London.
“Our team in London is now gaining real momentum, and we continue to expand our offering in Europe to provide clients with financial advisory services in areas which are proving critical in today’s environment,” commented Ken Moelis, Chief Executive Officer of Moelis & Company. “Adding Matthew and Charles to our team demonstrates our commitment to establish the firm as a premier provider of restructuring advice in Europe. This important step further strengthens Moelis & Company’s global restructuring franchise, which currently has over 60 professionals advising clients on restructuring matters in the United States.”
Mr. Prest has over 15 years of restructuring experience and will join Moelis & Company as a Managing Director. Prior to this appointment, Mr. Prest was a Managing Director and Head of the European Restructuring Group at Close Brothers in London where he led a number of complex restructurings across a broad range of industries. Mr. Prest joined Close Brothers from M&G Investment Management Limited where he was a Director of Restructuring. Prior to that, he spent eight years at KPMG in both London and Thailand as part of its Restructuring team.
Mr. Noel-Johnson will join Moelis & Company as an Executive Director. Prior to this appointment, Mr. Noel-Johnson was a Director in the European Restructuring Group at Close Brothers, where during the past eight years he has advised a wide array of corporates, sponsors and creditors across Europe on restructuring and distressed M&A transactions. Prior to Close Brothers, Mr. Noel-Johnson worked at JPMorgan for two years in Asset Management in both London and New York.
Mark Aedy said, “Matthew and Charles are highly respected bankers in their field and bring long-standing experience in the restructuring arena that will be invaluable to the team here in London. We look forward to working with them to establish our Recapitalization & Restructuring practice in Europe and provide premium advice to our growing client base.”
About Moelis & Company
Moelis & Company is an 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. Moelis & Company serves a broad client base through its offices in New York, London, Boston, Chicago and Los Angeles. For more information, please visit www.moelis.com.
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