Sorrell Capital Founder To Moelis

May 28 2014 | 9:58am ET

Following a three-year foray into hedge funds, Robert Sorrell is returning to investment banking.

Sorrell was named a managing director and senior financial sponsor advisor at boutique investment bank Moelis & Co., Financial News reports. The move comes a year after Sorrell shuttered his Sorrell Capital, which he launched in 2010 after leaving Goldman Sachs.

“Improvement in the macroeconomic environment, monetization 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,” Moelis’ co-head for Europe, Kasim Kutay, said. “With this increase in activity, we are delighted that Robert is joining the firm.”

Sorrell is one of three financier sons of Martin Sorrell, head of advertising and public-relations firm WPP. His brother, Jonathan, who once ran Goldman’s Petershill private-equity fund investing in hedge fund firms, is now CFO of the Man Group. Mark Sorrell remains at Goldman as co-head of U.K. investment banking.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...