Knowledge@wharton

At a time when many bulge bracket investment banks are drowning as a result of the financial crisis Moelis & Co. is swimming against the tide. Founded in July 2007 by Kenneth D. Moelis a Wall Street veteran the Los Angeles-based firm has been busy hiring. In just about 15 months it has recruited more than 150 people including some 100 bankers besides opening offices in Chicago New York and Boston. How will the continuing financial turmoil affect the fledgling investment bank’s business? What opportunities can investors find amid the wreckage? In an interview with Knowledge at Wharton Moelis discussed these issues and more. See acast.com/privacy for privacy and opt-out information.