Thursday, 26 March 2015
Last updated 2 hours ago
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…