Moelis has appointed Greg Guest a managing director in its Private Capital Advisory group in New York. Mr. Guest joins from Capital One, where he ran a team advising private equity firms and their portfolio companies on raising capital. He has worked in financial services for more than 25 years, including two decades in managing director roles at KKR and Citigroup. His mandate is to build out a promoted capital effort.
Matt Wesley, global head of private capital advisory, framed promoted capital as an increasingly routine way for sponsors and independent managers to fund individual transactions. Mr. Guest will help fund managers and independent sponsors raise that capital for new platform and add-on acquisitions. Moelis is an independent investment bank founded in 2007 by Ken Moelis, headquartered in New York with 24 offices in 13 countries. It advises on mergers and acquisitions, capital markets, capital structure and private capital, and employs roughly 1,450 people, including 180 managing directors.