Greenhill Team Takes Moelis Into P.E. Fundraising

Jun 17 2014 | 8:26am ET

Boutique investment bank Moelis & Co. has lifted out a team of private-equity fundraisers from Greenhill & Co., its first foray into that business.

The hires of Zaid Abdul-Aleem, Dave Brown, Patrick Dunleavy and Christopher Kirsten come just two months after Moelis went public. In addition to fundraising, the group will also seek to assist investors who wish to sell their private-equity investments on the secondary market.

“Launching the private funds advisory business is an important next step in Moelis & Company’s growth strategy, given our very successful financial sponsors franchise and our focus on relationships and independent advice,” CEO Kenneth Moelis said.

Moelis has been mulling a p.e. advisory business since 2007, the CEO said.

For its part, Greenhill named the former chairman of its real-estate p.e. fundraising team, Bill Thompson, its new head of capital advisory.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…