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

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...