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.”