News

New York & London, May 05, 2020

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced it received five awards from The Banker Magazine’s 2020 Deals of the Year Awards including three restructuring advisory accolades across Europe, the Americas and Asia Pacific.

The Firm was honored with the following awards:

• Restructuring Deal of the Year in the Americas for advising iHeart Media on its $16.2bn restructuring;
• Restructuring Deal of the Year in Europe for its role as exclusive financial advisor to Steinhoff International N.V. relating to the restructuring of €11.9bn of liabilities;
• Restructuring Deal of the Year in the Asia Pacific Region for its role as exclusive financial advisor to the Ad Hoc Committee of USD Offshore Noteholders on China Singyes Solar Technologies Holdings’ RMB5.8bn financial restructuring;
• Middle East Equities IPO Deal of the Year for its role as Special Advisor to the Saudi Arabian Oil Company (“Saudi Aramco”) on its $29.4bn initial public offering on the Saudi Stock Exchange (Tadawul); and
• M&A Deal of the Year in Europe for its role as financial advisor to Galapagos NV on its collaboration with Gilead Sciences.

Jeff Raich and Navid Mahmoodzadegan, Co-Presidents of Moelis & Company, said, “We are honoured to be recognized by The Banker for our strength in M&A, Restructuring and Capital Markets advisory. We are well positioned to help our clients globally, whether that includes innovative solutions for managing liquidity and liabilities, strategic deal opportunities or capital raising during these uncertain times.”

In December last year, Moelis & Company was named 2019 Restructuring Adviser of the Year by IFR Magazine.

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 20 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, April 22, 2020

New York, April 15, 2020

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Mark Renton as Managing Director in the Oil & Gas Group.  Effective this week, Mr. Renton is based in New York.

Mr. Renton has more than 30 years of experience advising clients in the United States and internationally, with his primary focus in energy particularly in the upstream and oilfield services sectors.  He has held a number of senior investment banking roles, most recently as Managing Director of the Energy Group at Lazard Frères & Co. and previously Vice Chairman of the Global Energy Group at Citigroup Global Markets.  Also at Citigroup, Mr. Renton was Co-Head of the Public Sector Group where he oversaw strategic advisory, capital markets and transaction services engagements with government and public sector entities globally.

David Cunningham, Head of US Oil & Gas at Moelis & Company, said, “With energy companies throughout the world experiencing unprecedented challenges, Moelis is well positioned to provide clients with the financial solutions needed to navigate this volatile period.  Our clients will benefit from Mark’s experience advising oil and gas companies around the globe across all of our core capabilities in M&A, capital solutions, and restructuring & recapitalizations.”

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 20 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, April 08, 2020

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its first quarter 2020 financial results after the market closes on Wednesday, April 22, 2020.

Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (April 22, 2020) to review the financial results. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing 1-877-510-3938 (domestic) or 1-412-902-4137 (international) and referencing the Moelis & Company First Quarter 2020 Earnings Call. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at 1-877-344-7529 (domestic) or 1-412-317-0088 (international); the conference number is 10142177.

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, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 20 geographic locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, April 01, 2020

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Dennis Cornell as Managing Director in the Private Equity Solutions Group which provides seamless industry, product and execution capabilities to financial sponsors and their portfolio companies. Mr. Cornell is based in New York.

With more than 20 years of investment banking experience at Morgan Stanley, Mr. Cornell was most recently Co-Head of Energy Investment Banking in the Americas, previously Head of Middle East North Africa (MENA) Sovereign Wealth Fund and Private Equity Fund Coverage based in Dubai, and held the position of Managing Director in the Financial Sponsors Group for about 10 years. Mr. Cornell began his investment banking career at Merrill Lynch & Co., and has also served as a Lieutenant and Nuclear Engineer in the United States Navy.

Jeff Raich, Co-President of Moelis & Company, said, “Throughout his banking career, Dennis has been a trusted advisor to financial sponsors and corporate clients, particularly in the energy sector, as they evaluated their strategic options. Never has this been more important than in these turbulent times as companies look to navigate this challenging global environment. His experience with financial sponsors, coupled with his international and cross-sector expertise, will provide clients with the immediate balance sheet advice they need while also identifying potential new investments for those companies looking for opportunities.”

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 20 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, February 10, 2020

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Duncan Herrington as a Managing Director advising corporates on preparing for and responding to contested situations, including shareholder activism. Working alongside Craig Wadler, Managing Director, and team, Mr. Herrington will join the Firm’s New York office and start on March 19, 2020.

Jeff Raich, Co-President of Moelis & Company, said, “All public companies are a potential target so public company boards and management teams must be proactive and informed. This includes identifying where vulnerabilities are and having a response plan and advisor team in place well in advance of an activist approach.”

Mr. Wadler said, “The Moelis team has experience covering every aspect of the activist landscape with the collective ability to bring a shareholder mentality to defense discussions. Duncan’s appointment reinforces our commitment to working with corporates on pre-activist strategies such as performance evaluation, capital allocation and efficiency, M&A potential, corporate governance, and evaluating the shareholder base.”

Mr. Herrington joins from Raymond James where he was Managing Director, Head of the Activism Response & Contested Situations. During his 17 year career, he has worked at Credit Suisse in New York and London. Prior to Credit Suisse, Mr. Herrington was an M&A lawyer based in the London office of Paul Weiss Rifkind Wharton & Garrison.

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, February 05, 2020

New York, January 10, 2020

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its full year and fourth quarter 2019 financial results after the market closes on Wednesday, February 5, 2020.

Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (February 5, 2020) to review the financial results. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing 1-877-510-3938 (domestic) or 1-412-902-4137 (international) and referencing the Moelis & Company Fourth Quarter 2019 Earnings Call. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at 1-877-344-7529 (domestic) or 1-412-317-0088 (international); the conference number is 10138064.

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, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 20 geographic locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

London & New York , December 18, 2019

Moelis & Company (NYSE: MC), a leading global independent investment bank, has been awarded IFR Magazine’s coveted Restructuring Adviser of the Year award for 2019 for delivering clients ‘one firm’ across the globe.

IFR judges said: “Moelis prides itself on a ‘one firm’ approach to restructurings, being able to offer the same service to clients from Europe to the US to Asia. That approach proved highly useful in the past year as complex cross-border restructurings, fueled by years of cheap debt, became marquee assignments.”

With approximately 60 per cent of assignments completed out-of-court, Moelis advised on 9 of the 10 largest restructuring assignments in 2019 globally, helping to place it top of the Refinitiv Worldwide Global Restructuring league table 2019 year-to-date.

The IFR judges said Moelis ‘…proved to be a tenacious advocate for its client and continues to stretch the boundaries of what’s possible in a restructuring.” Bill Derrough and Thane Carlston, Co-Heads of Moelis & Company’s Restructuring Team, said: “Since our team joined Moelis in 2008, we have worked on more than $1 trillion of restructuring transactions. In winning this award, we are proud to have been recognized for the work we have done in the past year for clients like iHeart, Noble, Hexion and Neiman Marcus.”

The IFR judges also pointed to Steinhoff as a major highlight of the recent debt restructuring market. Matt Prest and Charles Noel-Johnson, Co-Heads of EMEA Restructuring, said: “Moelis was there at the critical stage at the start and helped save the company from bankruptcy in the first three months. For a year and a half, we worked on all aspects of the deal and ultimately delivered.”

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 20 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

*IFR Magazine is owned by Refinitiv.

New York, December 02, 2019

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to present at the Goldman Sachs US Financial Services Conference on Tuesday, December 10, 2019 at 11:10 a.m. Eastern Time.

The presentation and a live audio webcast will be available through the Investor Relations section of the Moelis & Company website at www.moelis.com. For those unable to listen to the live webcast, a replay will be available for 180 days on the same website following the conference.

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, October 30, 2019

New York, October 28, 2019

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Tommaso Zanobini as a Managing Director providing financial and strategic advice to fintech clients. He will join the Firm’s New York office in mid-November.

Mr. Zanobini has over 25 years of technology investment banking experience, having most recently served as the Global Head of FinTech Investment Banking at Deutsche Bank. Prior to Deutsche Bank, he was the Global Head of FinTech & Services Investment Banking at Jefferies. Mr. Zanobini spent the first 20 years of his banking career at Lehman Brothers and Barclays where he held roles including Global Head of Technology Services Investment Banking and Head of East Coast Technology Investment Banking.

“Tommaso is an experienced technology services banker who began specializing in fintech when the industry was still in its nascent years. He’s entrepreneurial and over the years has proven his ability to advise on industry-leading transactions and build and lead successful teams in this vertical,” said Moelis & Company Co-President Jeff Raich. “His deep experience and his collaborative mindset will be a tremendous benefit to clients across the payments value chain, where we continue to see significant investment activity and consolidation. As the fintech sector continues to grow and expand, both established players and new entrants will be looking to bankers like Tommaso to assist them in achieving their strategic goals.”

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, October 14, 2019

Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its third quarter 2019 financial results after the market closes on Wednesday, October 30, 2019.

Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (October 30, 2019) to review the financial results. Following the review, there will be a question and answer session.

Investors and analysts may participate in the live conference call by dialing 1-877-510-3938 (domestic) or 1-412-902-4137 (international) and referencing the Moelis & Company Third Quarter 2019 Earnings Call. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at www.moelis.com.

For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at 1-877-344-7529 (domestic) or 1-412-317-0088 (international); the conference number is 10135658.

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, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

New York, October 02, 2019

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Ted Conway as a Managing Director focusing on specialty finance companies, permanent capital vehicles, and other special situations. He will be based in New York and will join the Firm in November.

Mr. Conway has over 30 years of investment banking experience across M&A, debt and equity capital markets, leveraged finance, and other strategic advisory. Prior to joining Moelis & Company, he spent his entire career at Lehman Brothers, and later Barclays Capital, where he was most recently Co-Head of the Banks and Specialty Finance Group. He also served as a Managing Director within Barclays’ Financial Sponsors Group and the firm’s Leveraged Finance Group.

“Ted is innovative and entrepreneurial in his approach. He has broadened financial institutions coverage well-beyond its traditional areas and has found creative solutions for companies in smaller, and now growing, pockets of the industry,” said Navid Mahmoodzadegan, Co-President of Moelis & Company. “Over 20 years of his career has been dedicated to creating successful outcomes for countless financial institutions and specialty finance companies. As the non-bank financial sector continues to grow and permanent capital vehicles continue to consolidate, our financial institution and specialty finance clients will benefit from Ted’s decades of experience and differentiated advice.”

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

London, September 16, 2019

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Will Peters as a Managing Director focusing on clients in the tech, media, and telecom sectors and specializing in communications infrastructure and fintech. He will join the Firm’s London office in December.

Mr. Peters has 15 years of tech and telecom investment banking experience. He will join Moelis & Company from Barclays where he was a Managing Director and a senior member of the firm’s tech, media, and telecom coverage team in London, leading Barclays’ EMEA coverage of clients in fiber & communications infrastructure, datacenters & hosting, and payments & fintech. Mr. Peters has extensive experience advising clients across a broad spectrum of strategic matters including M&A, IPOs and both equity and debt financing in the private and public markets. Prior to starting his investment banking career at Barclays, he spent six years in the British Army, serving with the 1st Battalion, The Duke of Wellington’s Regiment in Europe and the Middle East.

“At a time of fundamental change in the sector for both companies and investors, Will brings deep sector expertise, relationships, and regional insight to our world-class global tech, media, and telecom franchise,” said Matt Prest, Moelis & Company’s Co-Head of Europe. “His experience and skillset will be invaluable to clients across EMEA and around the world as they position themselves to benefit from the extraordinary investment in communications infrastructure and the inevitable changes it will bring to the delivery of products and services. His connectivity across a wider footprint of tech, especially payments and financial technology, will further strengthen our focus on delivering the best advice in burgeoning sectors.”

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, capital markets transactions, and other corporate finance matters.  The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia and Australia.  For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.