Differentiated model providing a compelling investment opportunity
Differentiated model providing a compelling investment
opportunity
Global
collaboration
•
Global partnership approach - advising clients across sectors and regions around the
globe
•
• One firm P&L (non commission-based compensation)
Optimal structure for client advice and talent development
Ability to quickly pivot resources to new business opportunities in high growth and
emerging areas
•
Focus on profitable organic growth
High ROIC
•
Internal talent development - 45% of current MDs are internal promotes¹
血
•
Maturation of MDs: ~35% of MDs have been at the firm for three years or less¹
•
Significant whitespace with desire to grow the platform
Commitment to
shareholders
•
•
•
Return excess cash to shareholders through regular and special dividends and share
repurchases
Disciplined expense management with a focus on high pre-tax margins through the cycle
Strong, asset light balance sheet with no debt or goodwill
Moelis
Note:
1.
As of March 31, 2023
2.
•
Leading total shareholder return of ~200% since IPO²
S&P CaplQ market cap weighted methodology assuming reinvestment of dividends between 4/15/2014 and 3/31/2023; compared to S&P 500 TSR of 162%, S&P 500 Financials of
119% and indexed peer group of Evercore, Greenhill, Houlihan Lokey, PJT and Lazard of 109%
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