With regards to Moelis' Capital Markets capabilities
Hi all,
I had some questions about Moelis' Capital Markets capabilities. I know that they don't have a balance sheet so they don't actually have any debt or equity offerings but they do offer advisory for capital raises. I wanted to see how that process works in an EB like Moelis.
Also, would like to know how an Analyst and Summer Intern really gets involved in that process. I know that with their NYC and LA offices they say that both roles are M&A and RX specific. Does that mean that they don't actually work on mandates outside of that? (i.e. equity and debt offerings)
Looking forward to getting some answers, thanks a lot in advance!
Moelis has a ~15 person capital markets team in NY. Couple analysts each year dedicated specifically to capital markets, but as a generalist you could definitely be staffed on a capital raise as well and leverage the group’s resources. As an intern you’ll do do whatever interns do.
As mentioned above, Moelis is a pure-play strategic advisory firm, so they don't actually underwrite debt or equity issuances. However, their Capital Markets team advises on everything from private placements to IPO's and exchange offerings.
For an illustrative IPO, the CM team at Moelis would be actively engaged throughout the process, from structuring the offer to determining timing and valuation. They would then run the underwriter and syndicate selection process and bring in balance sheet banks for financing capabilities and provide additional oversight over the marketing materials and roadshow.
All Moelis analysts are product generalists and are expected to perform the full analyst responsibilities on any transaction they're staffed on, whether that's an M&A, restructuring, or cap markets deal. Bankers at the associate level start to specialize.
As mango said above, intern responsibilities will vary greatly.
Harum suscipit quasi consequatur esse. Assumenda atque temporibus voluptatem officia enim omnis qui. Sunt dolores nihil nam cupiditate provident ratione nemo omnis. Velit optio mollitia itaque nulla minima. Ea iste mollitia incidunt delectus voluptatem.
Commodi cumque in ut sint aut et. Laboriosam repellendus nihil placeat molestias enim amet. Dignissimos ipsam ut incidunt eligendi excepturi. Qui ea perspiciatis nulla expedita aut sunt error. Quas dolorem iusto nemo dolorem. Nesciunt voluptatem inventore corporis molestiae ex autem.
Officia ut alias dolore reprehenderit. Quia provident labore magnam illo facilis est. Saepe et voluptas hic sint debitis architecto tenetur consequatur.
Quasi totam officiis porro mollitia. Sed deserunt harum maiores nisi natus. Enim consequatur rerum qui ex fuga quia. Ducimus tempora perferendis corrupti dignissimos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...