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Moelis & Company (MC) is a prominent global independent investment bank known for delivering innovative strategic advice and solutions to a varied clientele that includes corporations, governments, and financial sponsors. The firm is dedicated to assisting clients in achieving their strategic objectives through comprehensive, integrated financial advisory services across all major industry sectors.
Moelis & Company’s experienced professionals offer expert guidance on essential decisions such as mergers and acquisitions, recapitalizations and restructurings, and other corporate finance matters. The company operates with a team of over 650 employees situated in 17 offices across North and South America, Europe, the Middle East, Asia, and Australia, ensuring a global presence and deep industry expertise.
In recent years, Moelis & Company has made significant strides in expanding its capabilities and market reach. The firm has been involved in several high-profile transactions and has established itself as a trusted advisor in the investment banking sector. Its revenue is predominantly generated from advisory transactions, with the United States being its primary market, followed by Europe and other regions worldwide.
Moelis & Company continues to build on its strong foundation, leveraging its extensive network and unwavering commitment to client success. For further details, visit www.moelis.com.
Moelis & Company (NYSE: MC) has announced the appointment of Christopher Callesano as Chief Financial Officer, effective March 31, 2025. Callesano, who has been with Moelis since 2010, currently serves as Managing Director, Principal Accounting Officer and Corporate Controller. He succeeds Joseph Simon, who is departing after 15 years to join Wachtell, Lipton, Rosen & Katz as CFO.
Callesano brings over 25 years of finance and accounting experience, including previous roles as Senior Managing Director of Financial Reporting and Policy at NASDAQ OMX, Director of Corporate Reporting at Merrill Lynch, and auditor at Ernst & Young. He holds a B.S. in Accounting from Penn State University, an M.B.A. from NYU's Stern School of Business, and is a CPA.
Moelis & Company (NYSE:MC) reported strong financial results for Q4 and full year 2024. Q4 revenues reached $438.7 million, up 104% from the previous year, with GAAP net income of $1.15 per share. Full year 2024 saw GAAP revenues of $1,194.5 million and Adjusted revenues of $1,201.5 million, marking a 40% increase year-over-year.
The company maintained a robust balance sheet with $560.4 million in cash and short-term investments with no debt or goodwill. The Board increased the quarterly dividend by 8% to $0.65 per share. The firm continued its growth strategy, promoting 7 professionals to Managing Director in 2024 and 12 more in early 2025, while also hiring a Global Head of Private Funds Advisory.
The revenue increase was attributed to higher average fees per completed transaction across all products, particularly in M&A. The firm currently has 169 Managing Directors on its platform.
Moelis & Company (NYSE: MC) has appointed Matt Wesley as Global Head of Private Funds Advisory (PFA), marking a significant expansion of its private capital solutions business. Wesley, joining from his position as Global Head of Private Capital Advisory at Jefferies, brings over 20 years of expertise in secondaries and private capital advisory.
The strategic hire aims to grow Moelis's PFA business, focusing on secondary advisory, primary fundraising, and bespoke liquidity solutions. Wesley will work alongside the firm's industry, financial sponsor, and capital markets bankers to enhance client service offerings.
Previously, Wesley held leadership roles at PJT Partners, where he advised on major single-asset continuation vehicle transactions, and at Coller Capital. He began his career at Sullivan & Cromwell, specializing in secondaries, fund formation, and financial institutions M&A.
Moelis & Company (NYSE: MC) has announced it will release its fourth quarter and full year 2024 financial results after market close on Wednesday, February 5, 2025. The company will host a conference call at 5:00pm ET on the same day, featuring Chairman and CEO Ken Moelis and CFO Joe Simon, to review the financial results followed by a Q&A session.
Investors and analysts can participate by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) using access code 8014191. A listen-only webcast will be available through the company's Investor Relations website. A replay will be accessible for one month via telephone after the live call.
Moelis & Company (NYSE: MC) announced that its Chairman and CEO, Ken Moelis, will present at the Goldman Sachs US Financial Services Conference on Tuesday, December 10th at 1:00 p.m. Eastern Time.
The presentation will be accessible through a live webcast on the company's website's Investor Relations section at www.moelis.com. For those who cannot attend the live session, a replay will remain available on the website for 90 days following the conference.
Moelis & Company reported third quarter 2024 financial results with GAAP revenues of $273.8 million and Adjusted revenues of $280.7 million, up 1% from the prior year. For the first nine months of 2024, GAAP revenues reached $755.8 million, while Adjusted revenues were $762.8 million, showing an 18% increase year-over-year. The company reported third quarter GAAP net income of $0.22 per share and maintained a strong balance sheet with $297.7 million in cash and short-term investments with no debt. The Board declared a quarterly dividend of $0.60 per share.
Moelis & Company (NYSE: MC), a leading global independent investment bank, has announced it will release its third quarter 2024 financial results after market close on Wednesday, October 23rd, 2024. Following the release, Chairman and CEO Ken Moelis and CFO Joe Simon will host a conference call at 5:00pm ET on the same day to review the financial results and conduct a Q&A session.
Investors and analysts can participate in the live conference call by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) using access code 8014191. The call will also be accessible as a listen-only audio webcast through the company's Investor Relations website. A replay of the call will be available for one month via telephone starting approximately one hour after the live call ends.
Moelis (NYSE: MC), a leading global independent investment bank, has appointed Dr. Louise Mirrer as an Independent Member to its Board of Directors, effective September 17, 2024. Dr. Mirrer brings over 40 years of experience in academia and the non-profit sector, including more than 20 years of executive leadership. Since 2004, she has been the President and CEO of the New York Historical Society, where she has significantly enhanced the organization's position and overseen a $100 million capital campaign. Dr. Mirrer will join as the fourth Independent Director alongside John Allison, Kenneth Shropshire, and Laila Worrell.
Moelis & Company (NYSE: MC) reported its Q2 and H1 2024 financial results, showcasing strong earnings growth. Q2 GAAP revenues were $264.6 million, a 45% increase from the prior year. Adjusted revenues were also $264.6 million. GAAP net income for Q2 was $14.9 million ($0.17 per share), and adjusted net income was $14.5 million ($0.18 per share), a significant improvement from a net loss of $2.6 million in Q2 2023. H1 GAAP revenues totaled $482.1 million, up 31% from 2023. GAAP net income for H1 was $32.4 million ($0.39 per share), and adjusted net income was $32.8 million ($0.40 per share). The firm declared a quarterly dividend of $0.60 per share.
CEO Ken Moelis highlighted improved performance and growth strategy execution, including the promotion of seven advisory professionals and hiring three new Managing Directors. The firm maintains a strong balance sheet with $191.3 million in cash and no debt.
Moelis & Company (NYSE: MC), a prominent global independent investment bank, plans to announce its second quarter 2024 financial results after market close on July 24, 2024.
Chairman and CEO Ken Moelis and CFO Joe Simon will host a conference call at 5:00 PM ET the same day to review these results, followed by a Q&A session.
Participants can join the live call by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) using access code 8014191. The call will also be available as an audio webcast on the company's Investor Relations website. A replay will be accessible for one month post-conference at +1 800 770 2030 (domestic) or +1 609 800 9909 (international) with the same access code.
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