September 22, 2009
New York, September 22, 2009
Moelis & Company announced today that Stan Lai will join the firm as a Managing Director in its Capital Markets Group. Mr. Lai has over 14 years of investment banking experience and was most recently a Managing Director and Head of Private Placements at Bank of America Merrill Lynch. He will be based at Moelis & Company’s headquarters in New York and will focus on providing capital raising advice and solutions to the firm’s clients.
At Bank of America Merrill Lynch, Mr. Lai oversaw a leading and diversified private capital advisory platform where he originated, structured and executed a wide variety of privately negotiated equity, mezzanine, structured securities and illiquid portfolio monetization transactions for public and private clients across all sectors. Prior to that, he worked within the private funds placement group at Merrill Lynch. Previously, Mr. Lai was an investment banker at Salomon Brothers and was a member of the restructuring practice at Deloitte & Touche.
“It is more important than ever to have seasoned bankers like Stan who can provide advice and ideas that positively impact a client’s business,” said Ken Moelis, Chief Executive Officer of Moelis & Company. “A strong capital markets franchise is a natural extension of our M&A and restructuring businesses and growing this capability underscores our commitment to providing a full range of products and services to our clients.”
“Stan brings valuable markets experience and a strong transaction track record to our team,” added Chris Ryan, Managing Director of Moelis & Company. “Our capital markets business is solutions-driven and leverages the deep knowledge base of our senior team to meet the needs of our clients. We are confident that Stan will help us connect our clients with the appropriate investors in order to meet their capital raising objectives.”
About Moelis & Company
Moelis & Company is a global 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, Boston, Chicago, London, Los Angeles and Sydney. For more information, please visit www.moelis.com.
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