Ken Moelis
Encyclopedia
Ken Moelis is an investment banker and founder of Moelis & Company
, an independent investment banking
firm.
.
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. Under Moelis, DLJ emerged as a prominent investment banking firm in Los Angeles in the 1990s.
Moelis joined UBS from Donaldson Lufkin & Jenrette in 2001, shortly after that firm had been acquired by Credit Suisse First Boston
. 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 in the United States. By the end of 2006, UBS was ranked Top 4 in the global fee pool for the first time.
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. 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. Moelis recruited more than 70 senior investment bankers to UBS within three months of his arrival.
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. Moelis's departure was caused primarily by repeated conflict over the company's inflexible bureaucracy.
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
.
Moelis & Company
Moelis & Company is a global investment banking and merchant banking firm. The firm provides advisory services related to mergers & acquisitions, recapitalization & restructuring, capital markets advisory and risk advisory...
, an independent investment banking
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
firm.
Education
Ken Moelis holds a Bachelor in Business Administration and a Masters of Business Administration from the Wharton School of the University of PennsylvaniaWharton School of the University of Pennsylvania
The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...
.
Career
Moelis began his career at Drexel Burnham LambertDrexel Burnham Lambert
Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. At its height, it was the...
in 1981 where he would ultimately serve as a managing director working for Michael Milken
Michael Milken
Michael Robert Milken is an American business magnate, financier, and philanthropist noted for his role in the development of the market for high-yield bonds during the 1970s and 1980s, for his 1990 guilty plea to felony charges for violating US securities laws, and for his funding of medical...
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. Under Moelis, DLJ emerged as a prominent investment banking firm in Los Angeles in the 1990s.
Moelis joined UBS from Donaldson Lufkin & Jenrette in 2001, shortly after that firm had been acquired by Credit Suisse First Boston
Credit Suisse First Boston
Credit Suisse First Boston was the former name of the banking firm Credit Suisse.-History:In 1978, Credit Suisse and First Boston Corporation formed a London-based 50-50 investment banking joint venture called the Financière Crédit Suisse-First Boston...
. 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 in the United States. By the end of 2006, UBS was ranked Top 4 in the global fee pool for the first time.
Following the acquisition of DLJ by Credit Suisse First Boston
Credit Suisse First Boston
Credit Suisse First Boston was the former name of the banking firm Credit Suisse.-History:In 1978, Credit Suisse and First Boston Corporation formed a London-based 50-50 investment banking joint venture called the Financière Crédit Suisse-First Boston...
in 2000, Moelis was named head of US investment banking of the combined firm in September 2000. 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. Moelis recruited more than 70 senior investment bankers to UBS within three months of his arrival.
Moelis founded Moelis & Company
Moelis & Company
Moelis & Company is a global investment banking and merchant banking firm. The firm provides advisory services related to mergers & acquisitions, recapitalization & restructuring, capital markets advisory and risk advisory...
along with several fellow senior UBS investment bankers that included Navid Mahmoodzadegan, Jeff Raich, John Momtazee, Todd Wadler, Elizabeth Crain and Warren Woo. Moelis's departure was caused primarily by repeated conflict over the company's inflexible bureaucracy.
Other affiliations
Moelis received both his undergraduate degree and MBA from The Wharton School at the University of PennsylvaniaUniversity of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
in 1981. Today he serves as a member of the Wharton Board of Overseers.
Moelis is Chairman of the Tourette Syndrome Association
Tourette Syndrome Association
The Tourette Syndrome Association , based in Bayside, New York, United States, is a non-profit voluntary organization and the only national health-related organization serving people with Tourette syndrome. It was founded in 1972 by five couples, parents of children with Tourette syndrome...
and serves on the Board of Governors of Cedars Sinai Hospital.
Moelis is a member of the Hillcrest Country Club
Hillcrest Country Club (Los Angeles)
Hillcrest Country Club is a private social club located in Los Angeles, California, United States.-The club:The property includes an 18-hole golf course and tennis courts, and serves as a meeting place for its members. The 18-hole "Hillcrest" golf course was designed by Willie Watson and opened in...
.