Moelis & Company Expands Oil and Gas Coverage with Senior Managing Director Hire in Houston
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of David Cunningham, as a Managing Director, to expand the Firm’s Houston presence and provide financial and strategic advice to oil and gas companies. Mr. Cunningham will join the Firm in October and will be based in Houston.
This is Moelis & Company’s second oil and gas hire in three months after the Firm announced the appointment of Christopher Shaw, a Managing Director in the London office.
Mr. Cunningham joins Moelis & Company with 20 years of investment banking experience advising and executing various merger, acquisition, restructuring, debt, equity, and asset valuation transactions for companies across the oil and gas sector. He joins after spending nearly eight years as a Managing Director at Tudor Pickering Holt & Co., where he was one of the initial five Managing Directors in the investment banking group. Previously, he spent 10 years with Credit Suisse where he was a Managing Director in the Global Energy Group.
Ken Moelis, Chairman and Chief Executive Officer of Moelis & Company, said, “This is an important senior hire which underscores our commitment to growing our presence in Houston and serving our energy, power, and natural resources clients. David will be a strategic partner to oil and gas companies to assist in the evaluation and execution of a suite of alternative strategies. Our clients in the sector will benefit greatly from David’s years of experience and deep industry knowledge as they navigate this environment.”
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 and other corporate finance matters. The Firm serves its clients with over 550 employees based in 17 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.