Key Takeaways
- • Moelis & Company appoints Greg Guest as Managing Director in Private Capital Advisory, based in New York, to lead the firm's promoted capital initiative for private equity sponsors and independent managers.
- • Guest brings 25+ years of financial services experience, including two decades as Managing Director at KKR and Citigroup, and most recently led Capital One's team advising private equity firms on capital raising.
- • Promoted capital represents an increasingly standard financing mechanism for sponsors to fund individual platform and add-on acquisitions, positioning Moelis to capture advisory fees as this market segment expands.
- • Matt Wesley, Global Head of Private Capital Advisory at Moelis, identified promoted capital as a routine funding source for independent sponsors and managers seeking transaction-level financing outside traditional fundraising cycles.
- • Moelis operates as an independent investment bank with 1,450 employees across 24 offices in 13 countries, generating advisory revenue from M&A, capital markets, capital structure, and private capital advisory services.
Summary
Moelis & Company has appointed Greg Guest as Managing Director within its Private Capital Advisory group, effective immediately in the New York office. Guest will lead the build-out of Moelis's promoted capital advisory effort, a service targeting private equity sponsors and independent managers seeking transaction-level financing for platform and add-on acquisitions.
Guest's background positions him to expand this practice segment. Over 25+ years in financial services, he held Managing Director roles spanning two decades at KKR and Citigroup, followed by a tenure at Capital One where he led a dedicated team advising private equity firms and their portfolio companies on capital-raising strategy. This combination of private equity ecosystem experience and capital markets expertise directly aligns with Moelis's objective to build promoted capital capabilities.
Matt Wesley, Global Head of Private Capital Advisory at Moelis, characterized promoted capital as an increasingly routine funding mechanism. Rather than relying solely on traditional fund raises, sponsors and independent managers are leveraging promoted capital to finance specific transactions, creating a distinct advisory niche. Guest's mandate is to help fund managers and independent sponsors secure this transaction-level capital for both new platform acquisitions and add-on deals.
Moelis, founded in 2007 by Ken Moelis, operates as an independent investment bank headquartered in New York with a global footprint of 24 offices across 13 countries. The firm advises on mergers and acquisitions, capital markets, capital structure optimization, and private capital services. With approximately 1,450 employees, including 180 Managing Directors, Moelis has positioned itself as a competitor to larger bulge-bracket banks by specializing in advisory services for complex transactions and capital structures. The addition of Guest reflects Moelis's strategic push to deepen its presence in the private capital advisory space as promoted capital gains traction among the sponsor community.
Guest's background positions him to expand this practice segment. Over 25+ years in financial services, he held Managing Director roles spanning two decades at KKR and Citigroup, followed by a tenure at Capital One where he led a dedicated team advising private equity firms and their portfolio companies on capital-raising strategy. This combination of private equity ecosystem experience and capital markets expertise directly aligns with Moelis's objective to build promoted capital capabilities.
Matt Wesley, Global Head of Private Capital Advisory at Moelis, characterized promoted capital as an increasingly routine funding mechanism. Rather than relying solely on traditional fund raises, sponsors and independent managers are leveraging promoted capital to finance specific transactions, creating a distinct advisory niche. Guest's mandate is to help fund managers and independent sponsors secure this transaction-level capital for both new platform acquisitions and add-on deals.
Moelis, founded in 2007 by Ken Moelis, operates as an independent investment bank headquartered in New York with a global footprint of 24 offices across 13 countries. The firm advises on mergers and acquisitions, capital markets, capital structure optimization, and private capital services. With approximately 1,450 employees, including 180 Managing Directors, Moelis has positioned itself as a competitor to larger bulge-bracket banks by specializing in advisory services for complex transactions and capital structures. The addition of Guest reflects Moelis's strategic push to deepen its presence in the private capital advisory space as promoted capital gains traction among the sponsor community.
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