Finding Opportunities amid the WreckagePublished: November 20, 2008 in Knowledge@Wharton
At a time when many bulge bracket investment banks are drowning as a result of the financial crisis, Moelis & Co. is swimming against the tide. Founded in July 2007 by Kenneth D. Moelis, a Wall Street veteran, the Los Angeles-based firm has been busy hiring. In just about 15 months, it has recruited more than 150 people, including some 100 bankers, besides opening offices in Chicago, New York and Boston. How will the continuing financial turmoil affect the fledgling investment bank's business? What opportunities can investors find amid the wreckage? In an interview with Knowledge@Wharton, Moelis discussed these issues and more.
A transcript of this interview will be available shortly.