|Kenneth D. Moelis|
|Born||1958 (age 56–57)|
|Education||B.S. and M.B.A. Wharton School of the University of Pennsylvania|
|Known for||founder of Moelis & Company|
|Spouse(s)||Julie Lynn Taffet|
|Parent(s)||Gaye Gross Moelis
Herbert I. Moelis
|Family||Cindy S. Moelis (sister)
Robert S. Rivkin (brother-in-law)
Early life and education
Moelis is the son of Gaye (née Gross) and Herbert I. Moelis, president of Equity Leasing Corporation, an office equipment company in New York, of which his grandfather, Paul I. Gross was its retired president. His father is also a breeder of thoroughbred race horses at his CandyLand Stables in Middletown, Delaware. Moelis holds a Bachelor of Science in Economics and a Masters of Business Administration from the Wharton School of the University of Pennsylvania.
Moelis began his career at Drexel Burnham Lambert in 1981 where he would ultimately serve as a managing director working for Michael Milken in the firm's Los Angeles office. Following the collapse of Drexel, Moelis left with a portion of his team to join Donaldson Lufkin & Jenrette where he served as head of its corporate finance investment banking division. Under Moelis, DLJ emerged as a prominent investment banking firm in Los Angeles in the 1990s.
Following the acquisition of DLJ by Credit Suisse First Boston in 2000, Moelis was named head of US investment banking of the combined firm in September 2000. However, his tenure at CSFB would be short, announcing his departure for UBS (then known as UBS Warburg) just months later taking the core of his team with him, including a number that would later join Moelis & Company. Moelis recruited more than 70 senior investment bankers to UBS within three months of his arrival.
In his six years at UBS, Moelis ultimately assumed the role of president of UBS Investment Bank and was credited with the build-out of UBS's investment banking operation in the United States. By the end of 2006, UBS was ranked Top 4 in the global fee pool for the first time.
Moelis founded Moelis & Company along with several fellow senior UBS investment bankers that included Navid Mahmoodzadegan, Jeff Raich, John Momtazee, Todd Wadler, Elizabeth Crain and Warren Woo. Moelis's departure was caused primarily by repeated conflict over the company's inflexible bureaucracy.
Moelis received both his undergraduate degree and MBA from The Wharton School at the University of Pennsylvania in 1981. Today he serves as a member of the Wharton Board of Overseers. Moelis is Chairman of the Tourette Syndrome Association and serves on the Board of Governors of Cedars Sinai Hospital. Moelis is a member of the Hillcrest Country Club. In 2011 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.
In 1983, Moelis married Julie Lynn Taffet in a Jewish ceremony at the Sephardic Temple in Cedarhurst, New York. His sister, Cindy S. Moelis, was appointed director of the Presidential Commission on White House Fellows and is married to Robert S. Rivkin who was appointed by President Barack Obama as the 21st General Counsel of the United States Department of Transportation (DOT)
- The dealer's got a hot hand. Los Angeles Business Journal, October 21, 1991
- Ken Moelis Waits for Bat Phone to Ring as Wall Street Rebounds. Bloomberg, August 10, 2009
- The Networker:. Dealmaker, April/May 2008
- New York Times: "Julie L. Taffet Is Wed to Kenneth Moelis on L.I." December 25, 1983
- New York Times: "Cindy Moelis and Robert Rivkin Marry" May 8, 1988
- $5 Million from Alumni Julie and Ken Moelis to Support Wharton Sports Business Initiative. University of Pennsylvania Almanac, March 4, 2008
- Moelis to Leave CSFB for Smaller UBS Warburg. LA Times, November 22, 2000
- Drexel Alumni Move Onward. New York Times, August 13, 2000
- Los Angeles, Back on the Money Map. New York Times, August 13, 2000
- Credit Suisse Assigns Executives. New York Times, September 11, 2000
- Credit Suisse Is Losing Another of Its Top Bankers. New York Times, November 22, 2000
- Two Dozen More Bankers Leave Credit Suisse for UBS. New York Times, December 6, 2000
- Future of UBS Executive Part of Wall Street Chatter March 16, 2007
- Moelis Is Leaving UBS. New York Times, March 19, 2007
- Ex-UBS executive Moelis opens firm. LA Times, July 20, 2007
- Ken Moelis parts ways with UBS: Some wonder if the high-profile investment banker will launch his own firm in L.A. LA Times, March 20, 2007
- His firm has skin in the game. LA Times, August 5, 2008
- All Gov: "Ambassador to France: Who is Charles Rivkin? July 14, 2009
- Huffington Post: "All in the Family -- Husband, Wife, Brother all Make Obama's Team Rivkin's cousin" by Carol Felsenthal May 25, 2011