Moelis & Company Announces Kurt B. Larsen has Joined as Managing Partner of Private Equity

Los Angeles & New York, NY-October 15, 2007

Moelis & Company Holdings LLC announced today that Kurt B. Larsen has joined the firm as Managing Partner of the Private Equity Business of Moelis Capital Partners LLC. Mr. Larsen, who has seventeen years of investment experience, will oversee the firm’s private equity business and help build a team to source, evaluate and execute investments that will support the firm’s clients on key strategic transactions.

Mr. Larsen was most recently a Managing Director at Cerberus Capital Management, L.P. where he focused on middle-market private equity and subordinated debt investments across a number of industries. He played an integral role in all aspects of the investment process and actively worked with management teams to deliver value creation. 

Prior to Cerberus, Mr. Larsen served as the Managing Partner of Black Diamond Capital Partners, a private equity firm which he founded. Before founding Black Diamond, he was a Principal at Aurora Capital Group, a middle-market private equity firm. Mr. Larsen began his career as an Analyst at Drexel Burnham Lambert.

“Kurt is a great addition to our team whose investment experience across industries and capital structures makes him well suited to execute on the opportunistic deal flow that we expect to be generated by our advisory business”, said Ken Moelis, Chief Executive Officer of Moelis & Company. “We believe the ability to provide innovative capital solutions will allow Moelis & Company to further partner with clients on critical strategic decisions. Kurt’s breadth and depth of experience complements our unique business model, and he will be a tremendous asset to our firm.”

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 Angeles, New York and Boston. The launch of the firm’s advisory business is pending receipt of its broker-dealer registration and other regulatory approvals.