Warren Woo Leaves Moelis

Where did you see this?

I looked up the firm (http://breakawaycap.com) and it says they've existed since 2007. Doesn't really look to me like a startup. Maybe a side project for senior guys to channel their own money through?

http://breakawaycap.com/

I posted that link above but evidently it doesn't show up when you put it between (probably interpreted as an html command). Anyway, as I said, hardly looks or sounds like a breakaway, and Warren Woo leaving would surely be somewhere in the financial press

warren woo no longer listed on moelis homepage either

ttran (//www.wallstreetoasis.com/user/10240) of this thread (//www.wallstreetoasis.com/forums/moelis-ny) claimed to know Warren Woo personally, maybe he could shed some light. Chance to prove himself at least

I quickly talked to a friend (Moelis analyst) and it appears to be true (conversation was only a few seconds, but something definitely happened w/ Woo)

i'm surprised it's not all over business news yet

How much do you reckon Warren Woo is worth?

probably ~100mil

respek

What a befitting name for the new firm (breakaway cap). Cool.

I don't get it, why wouldn't this be in the press AT ALL? He has been off their website for at least a week based on google's cache

http://74.125.47.132/search?q=cache:0zwTJpUfIdQJ:www.moelis.com/team/in…

that Breakawaycap.com site looks like a joke...

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drexelalum11, a breakaway in hockey is when an attacking forward penetrates the last line of defence and has a 1-on-1 vs. the opposing goalie.

Not sure why a fake firm would be set up, though it is certainly not a new firm and looks like someone copied his Moelis bio. The Forecheck Investments through which Woo invested in the Predator's is certainly legit though (http://www.tennessean.com/assets/pdf/DN112724713.PDF), and the purchase also seems like it stirred up some trouble with the NHL with regard to incomplete financial disclosure.

Everything on the page is verifiable except for the first paragraph, as they don't seem to have done any other investments.

Why anyone would invest in the Predators is beyond me. That is one money-losing operation...

What are the chances he was fired? Maybe out of embarrassment, he stated that he was leaving to work with Breakawaycap.com even though he's been with it for quite a while now.

Woo definitely quit. He hasn't been working here for a while even though the announcement was just made. I work at Moelis and know he was unhappy with the direction of the firm. Don't know what he's worth but he clearly doesn't need to work. All is not what you read or hear. People are very unhappy here. The three guys who run the firm are greedy and selfish. I think he had different expectations for the culture and vision of the firm. His new firm is just an investment vehicle, not a real firm.