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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note