Moelis London Review

Based on the most helpful WSO content, here's a comprehensive overview of Moelis & Co. London, touching on deal flow, standout groups, exit opportunities, and a comparison with their US operations:

1. Deal Flow and Notable Groups:

   • Moelis London is known for its strong deal flow, particularly in the Restructuring (RX) sector. They have been involved in some of the largest deals over the past months, including high-profile cases like Seadrill and Steinhoff. This indicates a robust pipeline of work and a significant presence in the market.
   • While the RX franchise is highlighted as top-notch, there's less specific information available about their M&A franchise. However, the firm's involvement in cross-border transactions, notably with Dubai and US offices, and mid-cap transactions, suggests a versatile and active M&A practice.

2. Exit Opportunities:

   • Moelis London has a solid track record for exit opportunities, particularly towards hedge funds (especially credit and distressed) and private equity funds. Recent exits include placements in prestigious firms like CVC, Blackstone, and Softbank, showcasing the firm's ability to open doors to high-caliber investment roles.
   • The firm's positioning allows analysts to explore a variety of exit paths, with a slight emphasis on the hedge fund and distressed space, but also maintaining strong exits into private equity.

3. Comparison with US Operations:

   • In the US, Moelis is considered top-notch and on par with Goldman Sachs (GS) and Morgan Stanley (MS) for exit opportunities towards hedge funds and the buy side. The London office, while perhaps not as universally recognized as its US counterparts in every aspect, still holds a strong position, especially in the RX sector.
   • The London office's deal flow, particularly in restructuring, and its ability to place analysts into prestigious hedge funds and PE firms, suggests that it maintains a level of prestige and opportunity comparable to its US operations, albeit with some differences in sector focus and market perception.

4. Culture, Hours, and Compensation:

   • While specific details on culture, average hours, and analyst pay/bonus were not directly provided, the emphasis on significant deal involvement and high-profile exits suggests a demanding but rewarding environment. The firm's ability to compete with top banks for talent and its successful placement record indicate competitive compensation and a strong work culture.

In summary, Moelis & Co. London offers a robust platform for those interested in restructuring and M&A, with excellent exit opportunities into prestigious hedge funds and PE firms. While comparisons with the US business highlight some differences, the London office stands out for its strong RX franchise and cross-border deal capabilities.

Sources: Moelis & Co. London?, Moelis NY in 2020? Top Groups? Exits?, Full time offers London: JPM vs Moelis vs Lazard, Moelis vs Rothschild - London, Moelis London?