Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the expansion of its technology investment banking franchise with the appointment of Jason Auerbach as the Global Head of Technology Investment Banking, as well as the hiring of 10 additional Managing Directors. These senior hires have joined the Firm in New York, San Francisco, and Boston, expanding the breadth and depth of Moelisโs technology sector coverage and building on its core capabilities. Together with the Firmโs existing technology team, Moelis now has 25 technology-focused MDs globally and has doubled the size of its team.
Jason brings over 25 years of experience in technology investment banking and has advised clients on many of the industryโs most transformative and defining transactions. He joins from SVB Securities where he was the Global Head of Tech Investment Banking. Prior to SVB, he held numerous leadership roles at UBS.
Navid Mahmoodzadegan, Co-Founder and Co-President at Moelis commented, โExpanding our technology franchise to enhance the advice and solutions we provide clients is a strategic priority for our Firm. Jason is an industry leader in technology investment banking with extensive relationships and a proven track record. He is uniquely positioned to lead our efforts in this important sector and build on the momentum of our talented team.โ
The significant expansion in coverage has deepened and diversified Moelisโs expertise across a number of technology subsectors including:
- Application Software โ Bob Casey, Robert Jackman, Nathan Laverriere and Raymond Wu expand the Firmโs existing capabilities in application software.
- Infrastructure & Security Software โ Roger Knight and Christopher Montgomery strengthen Moelisโs coverage of the infrastructure and security software sector.
- Internet & Front Office Software โJ.T. Stephens and Xiaoying Zhong enhance the Firmโs existing internet capabilities and front office software solutions.
- Tech Services & Digital Infrastructure โWilliam Goodman strengthens the Firmโs existing coverage of the tech services and telecom sectors.
- FinTech & Payments โ Georgi Balinov grows Moelisโs existing FinTech franchise.
The growth in these subsectors complements Moelisโs existing Hardware and Industrial Technology teams and diversifies the Firmโs global capabilities provided to clients not only in technology but across a number of sectors given the far-reaching implications of the industry.
Navid added, โEach of these highly accomplished bankers brings a wealth of experience and expertise that grows our capabilities to support the full technology ecosystem. We are excited to enhance the innovative advice and solutions we provide our clients across one of the largest and fastest-growing sectors of the global economy.โ
Ken Moelis, Chairman and Chief Executive Officer at Moelis commented, โWe have positioned the Firm with an unlevered balance sheet which has allowed us to add extraordinary talent during a challenging market environment. This investment has greatly enhanced our technology coverage, and we are now even better positioned to advise our clients on their most critical strategic decisions.โ
About Moelis & Company
Moelis & Company (โMoelisโ) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Companyโs experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.
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