February 24, 2015
Washington DC, February 24, 2015
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the official opening of its Washington DC office, the Firm’s 17th location globally.
Historically known as the home of the U.S. Federal government, the Washington DC region has witnessed record growth over the past decade. Driven by a combination of government investment, private capital and entrepreneurial activity, the high-tech and biotech, defense, housing and hotel and lodging sectors have experienced impressive growth in the region. As a global company, Moelis & Company is constantly evaluating strategic opportunities worldwide, including those close to home like Washington DC.
Ken Moelis, Chairman and CEO of Moelis & Company, said: “Washington DC, and its surrounding area, is becoming a more prominent global business center, yet is under-served by the investment banking community. We believe it is important to serve clients locally, and look forward to advising our clients in this growing region. This is about putting bankers where clients are doing business.”
Eric Cantor, Vice Chairman of Moelis & Company and former House Majority Leader, said: “Having spent a great deal of time in this area, I have witnessed first-hand its diverse and dynamic growth. Whether you are looking at Washington DC proper, the northern Virginia technology corridor or some very well-known companies based in Maryland, these firms need innovative, independent banking advice and Moelis & Company is well positioned to provide it.”
About Moelis & Company
Moelis & Company 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 and other corporate finance matters. The Firm serves its clients with over 550 employees based in 17 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
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