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Kenneth D. Moelis
Born 1958 (age 57–58)
Nationality United States
Ethnicity Jewish
Education Wharton School of the University of Pennsylvania (BS and MBA)
Occupation Businessman
Known for Founder of Moelis & Company
Net worth $386 million (April 2014)[1]
Spouse(s) Julie Lynn Taffet
Parent(s) Gaye Gross Moelis
Herbert I. Moelis
Family Cindy S. Moelis (sister)
Robert S. Rivkin (brother-in-law)

Kenneth D. Moelis (born 1958) is an American investment banker and founder of Moelis & Company, an investment banking firm.

Early life and education[edit]

Moelis was born in 1958,[2] the son of Gaye (née Gross) and Herbert I. Moelis, president of Equity Leasing Corporation, an office equipment company in New York, of which his grandfather, Paul I. Gross was its retired president.[3] His father is also a breeder of thoroughbred race horses at his CandyLand Stables in Middletown, Delaware.[4] Moelis holds a Bachelor of Science in Economics and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.[5]

Career[edit]

Moelis began his career at Drexel Burnham Lambert in 1981 where he would ultimately serve as a managing director working for Michael Milken in the firm's Los Angeles office. Following the collapse of Drexel, Moelis left with a portion of his team to join Donaldson Lufkin & Jenrette where he served as head of its corporate finance investment banking division.[6] Under Moelis, DLJ emerged as a prominent investment banking firm in Los Angeles in the 1990s.[7][8]

Following the acquisition of DLJ by Credit Suisse First Boston in 2000, Moelis was named head of US investment banking of the combined firm in September 2000.[9] However, his tenure at CSFB would be short, announcing his departure for UBS (then known as UBS Warburg) just months later taking the core of his team with him, including a number that would later join Moelis & Company.[10][11] Moelis recruited more than 70 senior investment bankers to UBS within three months of his arrival.[12]

In his six years at UBS, Moelis ultimately assumed the role of president of UBS Investment Bank and was credited with the build-out of UBS's investment banking operation in the United States. By the end of 2006, UBS was ranked Top 4 in the global fee pool for the first time.[13]

Moelis founded Moelis & Company along with several fellow senior UBS investment bankers that included Navid Mahmoodzadegan, Jeff Raich, John Momtazee, Todd Wadler, Elizabeth Crain and Warren Woo.[14][15][16] Moelis's departure was caused primarily by repeated conflict over the company's inflexible bureaucracy.

Other affiliations[edit]

Moelis received both his undergraduate degree and MBA from The Wharton School at the University of Pennsylvania in 1981. Today he serves as a member of the Wharton Board of Overseers. Moelis is Chairman of the Tourette Syndrome Association and serves on the Board of Governors of Cedars Sinai Hospital. Moelis is a member of the Hillcrest Country Club. In 2011 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.

Personal life[edit]

In 1983, Moelis married Julie Lynn Taffet in a Jewish ceremony at the Sephardic Temple in Cedarhurst, New York.[3] His sister, Cindy S. Moelis, was appointed director of the Presidential Commission on White House Fellows and is married to Robert S. Rivkin who was appointed by President Barack Obama as the 21st General Counsel of the United States Department of Transportation (DOT)[17][18]

References[edit]

  1. ^ Zeke Faux and Laura Marcinek (2014-04-05). "Ex-UBS Banker Moelis Worth $386 Million If IPO Succeeds". Bloomberg.com. Retrieved 2015-12-11. 
  2. ^ "Julie L. Taffet Is Wed to Kenneth Moelis on L.I.". NYTimes.com. 1983-12-25. Retrieved 2015-12-11. 
  3. ^ a b "Julie L. Taffet Is Wed to Kenneth Moelis on L.I.". NYTimes.com. 1983-12-25. Retrieved 2015-12-11. 
  4. ^ "Cindy Moelis and Robert Rivkin Marry". NYTimes.com. 1988-05-08. Retrieved 2015-12-11. 
  5. ^ $5 Million from Alumni Julie and Ken Moelis to Support Wharton Sports Business Initiative. University of Pennsylvania Almanac, March 4, 2008
  6. ^ "Moelis to Leave CSFB for Smaller UBS Warburg - latimes". Articles.latimes.com. 2000-11-22. Retrieved 2015-12-11. 
  7. ^ Holson, Laura M. (2000-08-13). "Drexel Alumni Move Onward". NYTimes.com. Retrieved 2015-12-11. 
  8. ^ Holson, Laura M. (2000-08-13). "Los Angeles, Back on the Money Map". NYTimes.com. Los Angeles (Calif). Retrieved 2015-12-11. 
  9. ^ "Credit Suisse Assigns Executives". NYTimes.com. 2000-09-11. Retrieved 2015-12-11. 
  10. ^ Atlas, Riva D. (2000-11-22). "Credit Suisse Is Losing Another of Its Top Bankers". NYTimes.com. Retrieved 2015-12-11. 
  11. ^ Mcgeehan, Patrick (2000-12-06). "Two Dozen More Bankers Leave Credit Suisse for UBS". NYTimes.com. Retrieved 2015-12-11. 
  12. ^ "Future of UBS Executive Part of Wall Street Chatter". The New York Times. Retrieved 2015-12-11. 
  13. ^ "Moelis Leaving UBS : The Memo". The New York Times. Retrieved 2015-12-11. 
  14. ^ "Ex-UBS executive Moelis opens firm - latimes". Articles.latimes.com. 2007-07-20. Retrieved 2015-12-11. 
  15. ^ "Ken Moelis parts ways with UBS - latimes". Articles.latimes.com. 2007-03-20. Retrieved 2015-12-11. 
  16. ^ Tom Petruno (2008-08-05). "His firm has skin in the game". Latimes.com. Retrieved 2015-12-11. 
  17. ^ "Appointments and Resignations - Ambassador to France: Who is Charles Rivkin? - AllGov - News". AllGov.com. 2009-07-14. Retrieved 2015-12-11. 
  18. ^ "All in the Family - Husband, Wife, Brother all Make Obama's Team | Carol Felsenthal". Huffingtonpost.com. 2009-06-30. Retrieved 2015-12-11. 

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Ken_Moelis — Please support Wikipedia.
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281 videos foundNext > 

Ayn Rand Lecture 2015 / Ken Moelis

Ken Moelis of Moelis & co. gives gives a speech entitled 'Check Your Premises: An Objectivist's View of the Modern World' at the annual Ayn Rand Lecture.

What Is Market Volatility Doing to Client Confidence?

Jan. 20 -- Moelis & Co. founder and CEO Ken Moelis discusses market volatility and the economy. He speaks on "Bloomberg ?GO?."

Global Discomfort Affecting M&A Deals, Moelis Says

March 22 (Bloomberg) -- Ken Moelis, the former UBS AG investment banking president who founded and now heads Moelis & Co., discusses the outlook for ...

Banker of the Year - Euromoney Awards for Excellence 2014

Ken Moelis is Euromoney's Banker of the year for 2014. For interviews with other award winners go to www.euromoneyconferencesonline.com. For the latest ...

Ken Moelis, CEO, Moelis & Co.: The Deal's Private ...

Kenneth D. Moelis, Chief Executive Officer, Moelis & Co., was the first keynote interview at the The Deal's Fifth Annual Private Capital Symposium. "I think the ...

Private Capital Symposium: Ken Moelis, LBO cycles, and ...

Ken Moelis, CEO of Moelis & Co. was keynote at The Deal's Private Capital Symposium. In this clip Moelis speaks about how the LBO cycle may change, and ...

Ken Moelis on cross-border M&A

Ken Moelis, founder of boutique investment bank Moelis & Co., expects cross-border M&A to continue, if not increase, in the light of deals such as PespsiCo ...

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Feb. 3 (Bloomberg) -- Ken Moelis, the former UBS AG investment banking president who founded and now heads Moelis & Co., discusses U.S. corporate ...

NEWS İNDİA ECONOMY THE KEN MOELIS INTERVIEW!

THE KEN MOELIS INTERVIEW!

Moelis Pops In Market Debut

Shares of investment bank Moelis & Co were in the green following its Wednesday morning trading debut. Midday the stock was up more than 5.8% from the ...

281 videos foundNext > 

794 news items

Los Angeles Times

Los Angeles Times
Sun, 01 May 2016 02:56:15 -0700

Perhaps the highest-profile Drexel alumnus is Ken Moelis, the founder of investment bank Moelis & Co., which has served as an advisor on hundreds of billions of dollars worth of corporate mergers and acquisitions, including 2008's sale of beer giant ...

Financial News (subscription)

Financial News (subscription)
Thu, 28 Apr 2016 05:00:00 -0700

Ken Moelis's eponymous advisory firm has posted its second record-breaking quarter on the bounce, with average fees earned per client climbing above the $1 million mark in the first three months of 2016. New York skyline Enlarge. iStockPhoto. Moelis ...
 
Business Wire (press release)
Wed, 06 Apr 2016 08:33:45 -0700

NEW YORK--(BUSINESS WIRE)--Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its first quarter 2016 financial results after the market closes on Wednesday, April 27, 2016. Ken Moelis, Chairman and Chief ...

TheStreet.com

TheStreet.com
Wed, 27 Apr 2016 12:39:50 -0700

He added that what sets Moelis apart from other advisory firms is that company CEO, Ken Moelis has virtually all of the company's voting power. Because of this, the company is relatively private in terms of what it shares with the public. There is ...

CNBC

CNBC
Thu, 03 Dec 2015 14:30:00 -0800

Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Moelis & Co. Founder and CEO Ken Moelis on CNBC's "Closing Bell" (M-F, 3PM-5PM ET) today. Following is a link to the interview on CNBC.com: ...
 
Inside Philanthropy
Wed, 06 Jan 2016 17:29:08 -0800

Wharton graduate Kenneth Moelis founded Moelis & Company following stints at Drexel Burnham Lambert, Donaldson, Lufkin & Jenrette, and others major financial industry outfits. Moelis has spent a good portion of his career in Los Angeles, which may ...

Moneycontrol.com

Moneycontrol.com
Fri, 29 Jan 2016 22:30:06 -0800

2015 was a record year for M&A activity! Deals worth USD 5 trillion were done. That's a 37 percent increase over 2014. Of them, there were 69 deals worth USD 10 billion and more each, totalling USD 1.9 trillion and of them 10 deals were worth more than ...

Business Insider Australia

Business Insider Australia
Mon, 14 Mar 2016 16:05:59 -0700

However, it looks like some Wall Street heavy hitters are involved, including Ken Moelis, founder and CEO of Moelis and Company, a New York investment firm with a market value of $US1.4 billion and 17 global offices, including Sydney and Melbourne.
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