Moelis & Company scale up its technology franchise to provide strategic solutions to users
By Delisha Fernandes
Moelis & Company, an investment bank, has announced the expansion of its technology investment banking franchise with the appointment of Jason Auerbach as the Global Head of Technology Investment Banking and the hiring of 10 additional Managing Directors.
Navid Mahmoodzadegan, Co-Founder and Co-President at Moelis, said, “Expanding 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.”
Mahmoodzadegan added, “Each 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.”
The growth in these sub sectors complements Moelis’s existing hardware and industrial technology teams. It diversifies the firm’s global capabilities delivered to clients not only in technology but across several sectors, given the far-reaching implications of the industry.
Ken Moelis, Chairman and Chief Executive Officer at Moelis, said, “We have positioned the firm with an unleveled 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.
IBSi Daily News Analysis
June 01, 2023
With ECB nearing its launch, could Digital Euro become a reality?Read More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage