January 18, 2011
New York and Dubai, January 18, 2011
Moelis & Company, the New York-headquartered independent investment bank, today announced the establishment of a new office in Dubai, United Arab Emirates. Led by Augusto Sasso, Head of MENA Investment Banking, the team will provide financial advisory and capital raising services to clients across the Middle East and North African (MENA) markets. The Dubai office is Moelis & Company’s seventh office globally and follows the recent authorisation for Moelis & Company to conduct regulated activities in the Dubai Financial Centre.
“The Middle East and North Africa is of key strategic importance for Moelis & Company and our clients,” said Ken Moelis, Chief Executive Officer of Moelis & Company. “Opening an office in Dubai clearly demonstrates our continued commitment to the region and allows us to more effectively serve our clients in the region with a local presence. Augusto has been instrumental in developing our MENA coverage capabilities to date, and we are very pleased that he is leading this significant initiative for our firm.”
Mr. Sasso joined Moelis & Company at its inception and previously held senior roles at Credit Suisse First Boston and Donaldson, Lufkin & Jenrette. He has advised sovereign, corporate and private equity clients on a broad range of advisory assignments, including M&A transactions, equity and debt financings, joint venture agreements and restructurings across a number of industries. Mr. Sasso will report to Mark Aedy, Head of EMEA Investment Banking.
The team also comprises several senior Moelis & Company bankers who have relocated to the UAE, including Managing Director Charles Noel-Johnson. Mr. Noel-Johnson has been with Moelis & Company since July 2009, prior to which he was at Close Brothers Corporate Finance and J.P. Morgan. He has extensive experience on restructuring, refinancing and M&A transactions across the Middle East and Europe advising sovereigns, private equity firms, corporates and creditors.
“We expect MENA to experience a high rate of economic growth, increasing financial markets activity and significant cross-border capital flows for a sustained period of time,” said Mr. Aedy. “We are looking forward to working with clients in the region on financial transactions and strategic initiatives that add long-term value.”
“Moelis & Company is already active in MENA, providing independent financial advisory services to governments and corporates, and our new Dubai office gives us the opportunity to further extend our capabilities across the region,” added Mr. Sasso. “Bringing together significant experience across advisory and capital markets, the team here offers clients deep and unparalleled expertise. We are delighted to put this expertise to work to build lasting relationships with clients in the Middle East.”
About Moelis & Company
Moelis & Company, recently named Best Global Independent Investment Bank by Euromoney, is a global investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With over 460 employees, Moelis & Company serves its clients through offices in New York, Boston, Chicago, Dubai, London, Los Angeles and Sydney. Moelis & Company is currently serving as financial advisor to the Government of Dubai with regards to the restructuring of Dubai World. For more information, please visit www.moelis.com.
January 06, 2011
New York and London, January 06, 2011
Moelis & Company today announced that it has promoted the following four members of its global investment banking business to Managing Director as of January 1, 2011:
Zul Jamal, New York
Michael Magliana, London
Charles Noel-Johnson, London/Dubai
Peijie Shiu, New York
Ken Moelis, Chief Executive Officer of Moelis & Company, said: “These are exceptionally talented professionals who are dedicated to the highest standards of client service and independent financial advice. We are proud that they will represent Moelis & Company as the newest members of our senior leadership team. On behalf of everyone at the firm, I congratulate them.”
About Moelis & Company
Moelis & Company, recently named Best Global Independent Investment Bank by Euromoney, is a global investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With over 460 employees, Moelis & Company serves its clients through offices in New York, Boston, Chicago, London, Los Angeles and Sydney. For more information, please visit www.moelis.com.
Notes to Editors
Zul Jamal is a Managing Director at Moelis & Company. Mr. Jamal has over ten years of investment banking experience. He focuses on in-court and out-of-court recapitalizations and restructurings for companies, creditors and acquirers in a wide range of industries. Prior to joining Moelis & Company, Mr. Jamal was a Senior Vice President at Jefferies & Company where he advised clients on a wide variety of restructuring transactions including Chapter 11 bankruptcies, exchange offers, consent solicitations, lender negotiations and distressed financings. Mr. Jamal also worked at Jefferies International in London where he was responsible for international financial sponsor, restructuring and leveraged finance activities.
Michael Magliana is a Managing Director at Moelis & Company. Mr. Magliana has 12 years of investment banking experience. Prior to joining Moelis & Company, Mr. Magliana was an Executive Director in the European Financial Sponsor Group at J.P. Morgan in London. In this role, he was responsible for the company’s Pan-European relationship with leading private equity firms, which included identifying opportunities and directing, coordinating and leading investment banking transaction teams to deliver solutions across M&A and debt and equity products.
Charles Noel-Johnson is a Managing Director at Moelis & Company. Mr. Noel-Johnson has 12 years of investment banking experience, advising sovereign, private equity, corporate and creditor groups across Europe and the Middle East on restructuring, refinancing and M&A transactions. Prior to joining Moelis & Company, Mr. Noel-Johnson was an Executive Director at Close Brothers Corporate Finance in London in the European Restructuring and Refinancing Group. Mr. Noel-Johnson also worked at J.P. Morgan in both London and New York.
Peijie Shiu is a Managing Director at Moelis & Company. Mr. Shiu has over ten years of investment banking experience, across various platforms including risk advisory, sales & trading and proprietary trading. Prior to joining Moelis & Company, Mr. Shiu was a Quantitative Analyst and Executive Director at UBS Investment Bank where he provided pricing, structuring and risk valuation services for fixed income products.
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