Investment banking team of the week: Moelis & Co

GLG/Man merger and Dubai debt agreement make it a week to remember for US boutique

Moelis & Co continues to stand out from the pack of newly-formed advisory firms, with a significant client win as an adviser to hedge fund GLG’s board coming in the same week client Dubai World reached an amicable resolution on its £16bn (€18.4bn) debt restructuring.

The independent investment bank - founded by former UBS rainmaker Ken Moelis in 2007 - advised the special committee of US hedge fund GLG's board of directors on its $1.6bn (€1.3bn) acquisition by Man Group. Moelis, Jeffrey Raich, John Binnie and Griff Norquist in New York and Caroline Silver in London led on the deal - the second-largest hedge fund merger on record, according to Dealogic.

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