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Moelis Files For IPO Enthused By M&A Rebound

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Mani
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Investment banker Ken Moelis’ Moelis & Co unveiled plans to raise $100 million by offering its class A stock.

Moelis Files For IPO Enthused By M&A Rebound

Post-initial public offering, Ken Moelis will retain control over the company.

Flurry of deals

2013 was the strongest year for U.S. IPOs by dollar volume since 2000, according to Thomson Reuters data. Last year saw large floats such as Hilton Worldwide Holdings Inc (NYSE:HLT) and Plains GP Holdings LP (NYSE:PAGP) that lifted deal proceeds 21 percent to $56.4 billion.

Moelis & Co. disclosed paperwork for an IPO

Moelis & Co. on Tuesday disclosed paperwork...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports