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Displaying: News from 2010
News
March 15, 2010
Moelis & Company Announces Key Senior Hires in Australia
Read MoreNew York and Sydney, March 15, 2010
Moelis & Company, the New York-based investment bank, today announced Andrew Pridham will join the firm as Managing Director and Head of Investment Banking for Australia. Mr. Pridham was most recently Executive Chairman of Investment Banking at JPMorgan Australia. Additionally, John Steinthal will join the firm as Managing Director and Head of Equities for Australia. Mr. Steinthal was most recently a co-founder and principal of Edward Baillie Capital and previously was Managing Director and Co-Head of Australasian Equities at UBS.
These appointments follow the establishment of Moelis & Company’s office in Australia in August 2009 with the hire of a corporate finance team and mark the firm’s expansion into equity capital markets and equities research, sales and trading in the Australian market.
“Our team in Australia has had strong momentum in actively advising clients on complex transactions as well as in introducing our unique banking model to the Australian market,” said Ken Moelis, Chief Executive Officer of Moelis & Company. “Adding an experienced banker and proven business builder like Andrew is a further demonstration of our long-term commitment to providing strategic and independent advisory solutions to new and existing clients.”
“John’s appointment is significant for us as he will drive the development of our product suite to provide corporate and institutional clients with the highest level of coverage and execution of the equities product. His experience having previously run a leading equities franchise will be invaluable to our organisation,” added Mr. Moelis. “Partnering with Andrew and John will help us further leverage the strengths of our existing team and allow us to build an integrated, comprehensive and successful business in the region.”
Mr. Pridham has over 20 years of experience in investment banking and has worked in London, Singapore and Sydney. As Executive Chairman of JPMorgan’s investment bank in Australia he completed many major M&A, equity raising and other advisory transactions and played a leading role in the significant growth of JPMorgan’s Australian business. Prior to his six year tenure at JPMorgan, Mr. Pridham spent 12 years at UBS where he held senior roles including Global Head of Real Estate Investment Banking and Head of Investment Banking for Australasia. He was also a member of the UBS Global Investment Banking Management Committee.
“I am excited about the opportunity to join Moelis & Company in its formative stages in Australia. As an integrated investment banking business, with both advisory and equities capabilities, I am confident we will be able to attract some of Australia’s most talented investment bankers to the firm and build a successful client-focused organisation,” said Mr. Pridham. “We offer executives a culture of partnership in a dynamic growth-focused environment. In addition, the firm has a strong capital base, an integrated business model and an executive shareholding structure that provides transparency of performance and equity returns. Moelis & Company has global reach and is widely recognised for the premium standing of its executives, and we intend to leverage this reputation and client focus in the Australian market.”
Mr. Steinthal has over 20 years of experience in equities. He co-founded Edward Baillie Capital in 2004 to create and manage a successful suite of unlisted alternative investment products. Previously he was also at UBS in Australia for 14 years, managing a 170-person team as Co-Head of Australasian Equities. Under Mr. Steinthal’s leadership, UBS was consistently a top-ranked equities franchise in Australia.
“Being able to build our business on the foundation of Moelis & Company’s global brand allows us to offer clients quality research and execution services and have access to capital, which is important for a successful equity capital markets business,” added Mr. Steinthal. “We feel very well placed to be filling a particular void in the institutional equities market where we can be nimble in adapting our offerings to meet client needs while building on the focused client coverage model that the firm has successfully grown globally.”
Having outgrown its accommodations on Bridge Street in Sydney, Moelis & Company will move to new premises in Sydney’s Governor Phillip Tower later this month.
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. With over 290 employees, 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.
News
January 07, 2010
John A. Sipp Joins Moelis & Company as a Managing Director
Read MoreNew York, January 07, 2010
Moelis & Company announced today that John A. Sipp has joined the firm as a Managing Director, focusing on coverage of the insurance industry. Mr. Sipp has over 23 years of investment banking experience and was most recently a Managing Director and Head of the Insurance Investment Banking Group for the Americas at Credit Suisse. He is based at Moelis & Company’s headquarters in New York.
Mr. Sipp joined Donaldson, Lufkin & Jenrette in 1998 as a Managing Director in the Financial Institutions Group. Following the firm’s acquisition by Credit Suisse in 2000 he managed the group responsible for coverage of the insurance industry and worked closely with senior executives of insurance companies in the US, Europe and Asia on strategic and financial matters including capital raising, risk management, mergers and acquisitions and financings. He previously worked at UBS Investment Bank and also within the Financial Institutions Group at Goldman Sachs for 11 years.
“The financial services sector continues to be an area of increased activity, and our clients in this sector require experienced advisors to help develop strategies and evaluate potential opportunities amidst a rapidly changing landscape,” said Ken Moelis, Chief Executive Officer of Moelis & Company. “Adding John’s insurance expertise to our seasoned Financial Institutions Group allows us to further broaden our global coverage of the sector and deliver independent advice and strategic solutions to our financial services clients.”
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. With over 270 employees, 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.