Moelis & Company Announces David Faris to Join as a Managing Director

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Moelis & Company Holdings LLC announced today that David Faris will join the firm in January as a Managing Director based in New York. Mr. Faris, who has over fifteen years of investment banking experience, will focus on building the firm's coverage effort in the chemicals sector and will continue to provide high-quality advice to chemical and other general industrial companies.

David brings deep client relationships and considerable transaction experience in the chemicals and general industrials sectors to our firm, and we could not be more pleased to have him lead this effort at Moelis & Company. We are committed to build a first-class advisory business and believe David will further strengthen our ability to provide the highest quality advice to our clients.

    Mr. Faris was previously with Credit Suisse for seven years. He was a Managing Director in the Chemicals Investment Banking Group and advised chemical companies on a wide variety of domestic and international transactions, including mergers and acquisitions, debt and equity financings, restructurings and leveraged buyouts.

Prior to Credit Suisse, Mr. Faris was with Donaldson, Lufkin & Jenrette where he provided a broad range of investment banking services to chemical and other general industrial companies and also worked in the Mergers & Acquisitions Group. Mr. Faris joined DLJ from Schroders and prior to this, began his investment banking career in the Mergers & Acquisitions Group at Merrill Lynch.

Ken Moelis, Chief Executive Officer of Moelis & Company, said, "David brings deep client relationships and considerable transaction experience in the chemicals and general industrials sectors to our firm, and we could not be more pleased to have him lead this effort at Moelis & Company. We are committed to build a first-class advisory business and believe David will further strengthen our ability to provide the highest quality advice to our clients."

About Moelis & Company Holdings LLC

Moelis & Company Holdings LLC will be a relationship-based financial advisory and investment management firm that will provide advice on mergers and acquisitions, restructurings and other corporate finance transactions and manage investment funds which will integrate capital solutions with the firm's advisory expertise. Moelis & Company will serve a broad client base through its offices in Los Angles, New York and Boston. The launch of the firm's advisory business is pending receipt of its broker-dealer registration and other regulatory approvals.

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Kate Pilcher
Moelis & Company Holdings LLC
212.372.8991
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