News
News
May 23, 2014
Moelis & Company Announces the Appointment of Robert Sorrell as a Managing Director Providing Strategic and Financial Advice to Financial Sponsor Clients
Read MoreLondon, May 23, 2014
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Robert Sorrell as a Managing Director providing strategic and financial advice to Financial Sponsor clients across Europe. He will be based at Moelis & Company’s European headquarters at St Paul’s in the City of London.
Mr. Sorrell joins from Sorrell Capital LLP, a partnership that focused on investment management and advisory services. Prior to this Mr. Sorrell had a 14 year career at Goldman Sachs where he held a number of roles including Managing Director and Co-Head of the Private Finance Group for Europe, Middle East, Africa.
Commenting on the appointment, Kasim Kutay, Co-Head of Europe at Moelis & Company, said: “Improvement in the macroeconomic environment, monetisation of existing sponsor portfolio assets, and new money raised by funds are all expected to drive higher volumes of financial sponsor activity in Europe in the coming years. With this increase in activity, we are delighted that Robert is joining the Firm.”
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 nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
News
May 21, 2014
Moelis & Company Management to Speak at Investor Conference Hosted by Sanford C. Bernstein
Read MoreNew York, May 21, 2014
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 Sanford C. Bernstein 30th Annual Strategic Decisions Conference on Thursday, May 29, 2014 at 4:00 p.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 one month 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 and other corporate finance matters. The Firm serves its clients with nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
News
May 20, 2014
Moelis & Company Announces the Appointment of Maarten de Jong as a Managing Director Providing Financial and Strategic Advice to Healthcare Clients
Read MoreNew York, May 20, 2014
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Maarten de Jong as a Managing Director providing financial and strategic advice to healthcare clients in the U.S. and internationally. Mr. de Jong will join the Firm in August and will be based in New York.
Mr. de Jong brings nearly 20 years of experience to Moelis & Company having previously worked at Barclays Capital, and formerly Lehman Brothers, where he was most recently Global Head of Life Sciences. At Barclays, he focused on pharmaceuticals, biotechnology and diagnostics, and developed a portfolio of relationships across the U.S. and Europe.
Rick Leaman, Managing Partner of Moelis & Company, said, “With the continued high level of activity in the healthcare sector, Maarten’s appointment, which enhances our existing global healthcare franchise, makes us well positioned to advise clients on their strategic and financial initiatives.”
Mr. Leaman added, “We will continue to see pharmaceutical companies re-aligning their asset portfolios by separating their non-core businesses while also investing further in the growth of their core businesses. This, together with the maturation of the large biotechnology companies, will continue to drive strategic momentum in the broader Life Sciences arena.”
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 nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
News
May 07, 2014
Moelis & Company Reports First Quarter 2014 Financial Results
Read MoreNew York, May 07, 2014
News
May 05, 2014
Moelis & Company Announces the Appointment of Brian Callaci as a Managing Director Providing Financial and Strategic Advice to Food, Beverage and Consumer Sector Clients
Read MoreNew York, May 05, 2014
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Brian Callaci as a Managing Director providing financial and strategic advice to food, beverage and consumer sector clients in the U.S. and internationally. Mr. Callaci will join the Firm in July and will be based in Chicago.
With more than 23 years of investment banking experience, Mr. Callaci joins from Bank of America Merrill Lynch where he was most recently Co-Head of the Consumer Investment Banking Group. Prior to his 17-year career at Bank of America Merrill Lynch, Mr. Callaci worked at Salomon Brothers Inc.
Rick Leaman, Managing Partner of Moelis & Company, said, “We are very excited to have Brian join us as we expect to see significant transaction activity on a number of fronts. Consumer goods companies are seeking incremental growth via acquisitions, private equity firms continue to be highly engaged in finding more opportunities to deploy capital within the broadly defined consumer sector, and shareholder activism remains a potent force to agitate for change and challenge management teams.”
Mr. Leaman added, “Over the course of his career, Brian has advised a number of the most important clients in the sector on critical strategic matters. His depth of relationships and experience means that our clients will benefit significantly from his wealth of knowledge and strategic 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 and other corporate finance matters. The Firm serves it clients with nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
News
April 23, 2014
Moelis & Company to Announce First Quarter 2014 Financial Results and Host a Conference Call on May 7, 2014
Read MoreNew York, April 23, 2014
Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its first quarter 2014 financial results after the market closes on Wednesday, May 7, 2014.
Ken Moelis, Chairman and Chief Executive Officer, and Joe Simon, Chief Financial Officer, will also host a related conference call at 4:30pm EST on the same day (May 7, 2014) 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 1-888-317-6016 (domestic) or 1-412-317-6016 (international) and referencing the Moelis & Company First Quarter Earnings Call. Please dial in 10 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 10045234.
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 it clients with nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
News
April 15, 2014
Moelis & Company Announces Pricing of Initial Public Offering
Read MoreNew York, April 15, 2014
Moelis & Company (the “Company”) (NYSE: MC), a leading global independent investment bank, today announced the pricing of its initial public offering of 6,500,000 shares of its Class A common stock at a price to the public of $25.00 per share. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 975,000 shares of Class A common stock from the Company at the initial public offering price, less underwriting discounts and commissions. The Company’s shares of Class A common stock are expected to begin trading on the New York Stock Exchange on April 16, 2014 under the ticker symbol “MC.” The offering is expected to close on or about April 22, 2014 subject to satisfaction of customary closing conditions.
Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead joint book-running managers for the offering. Moelis & Company LLC, J.P. Morgan Securities LLC and UBS Securities LLC are acting as joint book-running managers for the offering. Keefe, Bruyette & Woods, Inc., Sanford C. Bernstein & Co., LLC and JMP Securities LLC are acting as co-managers for the offering.
The offering is being made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained, when available, from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, email: [email protected], or from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, telephone: 1-866-718-1649, email: [email protected].
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and was declared effective on April 15, 2014. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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 it clients with nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as “outlook”, “believes”, “expects”, “potential”, “continues”, “may”, “will”, “should”, “seeks”, “approximately”, “predicts”, “intends”, “plans”, “estimates”, “anticipates”, or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. A further list and description of these risks, uncertainties and other factors can be found in the Company’s Registration Statement on Form S-1, as amended, filed with the U.S. Securities and Exchange Commission. This filing and subsequent filings are available online at www.sec.gov or on request from the Company.
News
April 09, 2014
Moelis & Company Announces the Appointment of Perry Hall as a Managing Director Providing Financial and Strategic Advice to Retail Sector Clients
Read MoreNew York, April 09, 2014
Moelis & Company, the global independent investment bank, today announced the appointment of Perry Hall as a Managing Director providing financial and strategic advice to retail sector clients. He will be based in New York covering U.S. and international clients.
With more than 20 years of investment banking experience, Mr. Hall joins from Bank of America Merrill Lynch where he was most recently a Managing Director in the Investment Bank’s Retail and Consumer Group. During his 15 year career there, he provided strategic advice and specialty retail sector coverage to CEOs at public and private companies including U.S. and international firms.
Rick Leaman, Managing Partner of Moelis & Company, said, “As the retail sector has matured, companies are increasing their level of M&A activity as a means of alternative growth, and many are looking for international expansion. Perry’s sector and banking expertise bolsters Moelis & Company’s capabilities thereby ensuring that clients will benefit from our independent advice as they look to assess their strategic alternatives.”
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
March 11, 2014
Moelis & Company To Open An Office in São Paulo as Part of the Firm’s Global Expansion and Appoints Three Leading Industry Bankers
Read MoreSão Paulo and New York, March 11, 2014
Moelis & Company, the leading global independent investment bank, today announced its plan to expand into Brazil with the opening of an office in São Paulo and the appointment of three industry leading bankers.
Otávio Guazzelli, Jório Salgado-Gama, and Erick Alberti will join Moelis & Company having worked at BR Partners and Citigroup, with Mr. Guazzelli and Mr. Salgado-Gama to be Co-Heads of Brazil Investment Banking.
Mr. Guazzelli was a Senior Partner and Head of Investment Banking at BR Partners and formerly Co-Head of Investment Banking for Citigroup Brazil. During his career, Mr. Guazzelli has advised on a wide variety of transactions in the Brazilian and Latin American markets across the telecom, consumer, agribusiness and industrial sectors.
Mr. Salgado-Gama was a Senior Partner and Head of Mergers & Acquisitions at BR Partners and previously worked for 12 years in Investment Banking at Citigroup in Brazil and New York. Mr. Salgado-Gama’s broad advisory experience includes a variety of transactions across the healthcare, industrials, chemicals and financial services sectors.
Mr. Alberti was a Partner at BR Partners and previously a Vice President in Investment Banking for Citigroup in Brazil and the United States where he focused on the technology, education, media and telecom sectors.
Ken Moelis, Chief Executive Officer of Moelis & Company, said, “I am delighted that we are expanding into Latin America through our planned office in São Paulo as clients are increasingly looking for global connectivity from an information and advisory perspective so adding a presence in Brazil gives us even greater global reach.”
Mr. Moelis added, “We have appointed three of the highest caliber bankers in Brazil who will oversee our expansion in this important market and region. Our clients will benefit from their independent financial advice on both domestic and international cross-border deals.”
Mr. Guazzelli said, “Moelis & Company’s Brazilian platform will allow us to provide leading Brazilian entrepreneurs, investors and businesses with independent advice that combines deep local knowledge with global reach and expertise, and to offer international clients valuable insights into the Brazilian market and strong advisory capabilities.” Mr. Salgado-Gama added “We are thrilled to be joining the leading global independent investment bank, and adding to its global footprint an important market, where we see significant local and cross-border opportunities over the next few years and in the long-term.”
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
November 07, 2013
Moelis & Company Announces the Appointment of Anthony Root as a Senior Advisor in Asia
Read MoreHong Kong, November 07, 2013
Moelis & Company today announced the appointment of Anthony Root as a Senior Advisor based in Hong Kong. Mr. Root, whose distinguished legal career spanned nearly 30 years, will provide senior level advice and expertise to clients throughout the region.
Mr. Root joins from Milbank, Tweed, Hadley & McCloy where was the Managing Partner for Asia from 2001. He was also the head of Milbank’s Asia corporate practice, its China practice and its Beijing and Hong Kong offices. During his tenure, Milbank grew in Asia from 15 to more than 70 lawyers, opened the Beijing office and acquired Hong Kong law capability.
Ken Moelis, Chief Executive Officer of Moelis & Company, said, “Anthony is one of the most talented and respected corporate attorneys in Asia. He will provide his unique insights and expertise to our clients throughout the region and globally.”
Mr. Root said: “I have been impressed by the extraordinarily talented team that Ken has built in the United States, Europe and Asia. I am proud to join the team and look forward to helping the firm provide world class, independent financial advice and solutions to its clients.”
Prior to joining Milbank in 1996, Mr. Root worked at Davis Polk & Wardwell, where he helped open their Hong Kong office in 1993, and briefly at Rogers & Wells. He started his career as a banker at Morgan Guaranty Trust Company (now JP Morgan).
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
October 15, 2013
Moelis & Company Announces the Appointment of Jon Hammack as a Managing Director Providing Strategic Advice to Medical Technology Clients
Read MoreNew York, October 15, 2013
Moelis & Company, the global independent investment bank, today announced the appointment of Jon Hammack as a Managing Director responsible for providing strategic advice to medical technology clients globally. Based in New York, he joins the Firm on November 11.
Mr. Hammack joins Moelis & Company from Morgan Stanley where he was responsible for the Medical Technology practice. Previously, he worked in the Healthcare Investment Banking Groups at Credit Suisse and Bank of America.
Rick Leaman, Managing Partner at Moelis & Company, said, “We expect to see significant activity in the medical technology space as companies better position themselves for growth and adapt to the evolving healthcare landscape. Clients looking for independent, expert and innovative advice will benefit from Jon’s experience and focus.”
Mr. Hammack’s hire complements the Firm’s existing healthcare coverage effort in services, life sciences, diagnostics, pharmaceuticals and biotechnology.
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
September 27, 2013
Moelis & Company Announces the Appointment of Zhang Xiuping as Managing Director and Head of Asia M&A
Read MoreHong Kong, September 27, 2013
Moelis & Company, the global independent investment bank, today announced the appointment of Zhang Xiuping as Managing Director and Head of Asia M&A. She will be responsible for deal origination and providing strategic advice to regional and global clients with a focus on cross-border M&A into and out of China, working in close co-operation with the Moelis Beijing office. She will be based in Hong Kong.
Ken Moelis, CEO of Moelis & Company, said, “From the outset, our commitment to our clients has been to deliver global knowledge and capabilities. Hiring an experienced banker like Xiuping continues to make us valuable to our clients as she adds global expertise and knowledge, backed by the confidentiality that clients have come to expect from us.”
With more than 15 years of investment banking experience, Ms. Zhang joins Moelis & Company from Bank of America Merrill Lynch where she was most recently Managing Director and Head of Asia M&A. Previously, she was Managing Director and Head of China M&A at Deutsche Bank. She started her banking career with JP Morgan in New York in 1997.
Ms. Zhang has extensive experience advising Asian, European and American clients on cross-border M&A transactions, and has advised on numerous public take-over deals in Australia, Canada, Norway, Singapore and Hong Kong as well as private joint venture deals for targets in Chile, Brazil, the U.S., Canada, Africa and China. In the past two years, she has led teams that executed many of the take-private deals for US-listed Chinese companies.
Richard Orders, Managing Director at Moelis & Company in Hong Kong, said, “Increasingly, clients in the region are looking for global business perspectives and uncompromised independent advice. We are delighted that Xiuping is joining us as she brings a wealth of experience to Moelis & Company that will benefit our clients. We expect to see continued growth in the M&A market in the region across many sectors including natural resources, consumer, industrials, real estate and technology.”
Ms. Zhang’s hire reinforces Moelis & Company’s commitment to Asia, building on our established presence in Hong Kong, Beijing and Mumbai, and the Firm’s strategic alliance with Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc. in Japan.
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
September 25, 2013
Moelis & Company Announces the Appointment of Bryan Lastrapes To Lead the Firm’s Acquisitions & Divestitures Business and Provide Strategic Advice To Oil & Gas Clients
Read MoreAppointment strengthens Moelis & Company’s Houston team
New York and Houston, September 25, 2013
Moelis & Company, the global independent investment bank, today announced the appointment of Bryan Lastrapes as a Managing Director to lead the Firm’s Acquisitions & Divestitures (A&D) business and provide strategic advice to oil and gas clients.
Mr. Lastrapes joins Moelis & Company after a distinguished 30 year career at Shell having recently headed Business Development where he was responsible for the growth of the onshore North America portfolio including all exploration, acquisitions and joint ventures. Previously, he was Business Development Manager for US Gas New Ventures, and before that he led various International Business Development and Asset Management activities across Central Asia, Brazil and West Africa.
Rick Leaman, Managing Partner at Moelis & Company, said, “The oil/gas space in North America is currently an active market and one in which we want to strategically build our presence. Given his industry expertise, Bryan will combine corporate M&A advice with technical and engineering evaluation for the benefit of our clients globally.”
Moelis & Company announced the opening of its Houston office in April 2011 underscoring the Firm’s commitment to serving clients with local knowledge and expertise across energy, power and natural resources.
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
September 19, 2013
Moelis & Company Announces the Appointment of William Nook as a Managing Director Providing Strategic Advice to Global Asset Management Firms
Read MoreNew York, September 19, 2013
Moelis & Company, the global independent investment bank, today announced the appointment of William Nook as a Managing Director responsible for advising global asset management firms. Based in New York, Mr. Nook joins the Firm on November 21st, 2013.
Mr. Nook joins Moelis & Company from Deutsche Bank where he was most recently Managing Director and Head of Asset Management for the America’s Financial Institutions Group, focusing on asset management and alternative investment companies. Previously, he was a member of the Global Financial Institutions Group at UBS Securities.
Rick Leaman, Managing Partner of Moelis & Company, said, “Bill’s hire is timely as there continues to be meaningful consolidation in the asset management space. Clients here in the United States and internationally will benefit from his experience in the sector. Between continued consolidation and the convergence between traditional and alternative asset managers, we see this space being particularly active.”
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
News
July 08, 2013
Moelis Australia Securities Pty Ltd and Weeden & Co. LP Announce Strategic Alliance for US / Australia Cross Border Equities and Capital Markets Transactions
Read MoreNew York and Sydney, July 08, 2013
Moelis Australia Securities Pty Ltd, a subsidiary of Moelis & Company the global independent investment bank, and Weeden & Co. LP, a US full service institutional equity and fixed income broker, today announced a strategic alliance to promote each company’s unique broker dealer offering to each other’s institutional clients. The alliance creates the opportunity to offer reciprocal broker to broker execution services and, subject to FINRA approval, for Weeden & Co. to distribute Moelis Australia Securities’ equity research and capital markets transactions into US institutions.
Weeden & Co. has hired Matthew McCloghry as a Managing Director, selling Australian securities to US institutions. Prior to this appointment, he worked as an equity salesman for Moelis Australia Securities, in Sydney, for five years.
Lance Lonergan, Co-CEO at Weeden & Co., said, “This partnership will provide client access to capital markets transactions, cutting edge research, and global best execution capabilities. By leveraging our respective franchises, we’re providing institutional clients with unique products and world class service.”
Simon Scott, Managing Director at Moelis Australia Securities in Sydney, said, “We are excited to partner with a highly regarded US broker dealer that has deep and long-standing relationships with a wide range of US institutional clients. In addition, Weeden is known for excellence in global execution and that is a new service we can offer to Moelis’ Australian customers that want to invest outside of our home market.”
Moelis & Company Australia is one of the country’s leading advisory, restructuring and equity capital markets franchises, having advised on several landmark transactions, including SAB Miller’s A$11.7bn acquisition of Foster’s, the A$3.4bn restructure of Nine Entertainment’s debt and Woolworth’s divestment of a A$1.4bn property portfolio by way of a listed, in-specie distribution.
About Weeden & Co.
Since 1922, Weeden & Co. has provided full service execution and trusted advice to over 1,500 US institutional investors on its platform that combines cutting edge technologies with a deep understanding of their clients’ business needs. Headquartered in Greenwich, Connecticut, Weeden & Co. provides premier global outsourced trading solutions complementing a robust prime brokerage offering. For more information, please visit www.weedenco.com.
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides financial advisory, capital raising and asset management services to a broad client base including corporations, institutions and governments. With 600 employees, Moelis & Company serves its clients around the world through its offices in New York, Beijing, Boston, Chicago, Dubai, Frankfurt, Hong Kong, Houston, London, Los Angeles, Mumbai, Palo Alto, Paris and Sydney. For more information, please visit www.moelis.com.
Moelis Australia Securities Pty Ltd is the equities platform of Moelis & Company Australia and is a leader in the research, sales and execution of small-to-mid cap industrial companies. In addition to these securities, Moelis Australia specializes in REITs, Energy and Hedge Fund Advisory. It is a full trading participant on the Australian Securities Exchange and Chi-X Australia.