Stock Market News

Moelis hires former Morgan Stanley bankers for healthcare dealmaking

2022.10.18 13:43



© Reuters.

By David Carnevali

NEW YORK (Reuters) – Moelis (NYSE:) & Co. has hired two former Morgan Stanley (NYSE:) bankers, Arek Kurkciyan and Dennis Crandall, as managing directors to help drive dealmaking in the life sciences and outsourced pharmaceutical services sectors for the investment bank.

Kurkciyan and Crandall will start their new roles in late November and be based in New York, according to a memo seen by Reuters on Tuesday. Both Kurkciyan and Crandall were managing directors in the healthcare investment banking unit at Morgan Stanley.

“Arek and Dennis bring strong relationships with both large-cap corporates and private equity investors that are core to our Firm’s strategy,” said Jeff Raich, co-President at Moelis.

In their previous roles at Morgan Stanley, both bankers worked on significant deals involving large healthcare corporations and financial sponsors.

They both jointly worked on deals including the sale of biotech company Aldevron to medical equipment maker Danaher Corp (NYSE:) for $9.6 billion and scientific instruments maker Thermo Fisher (NYSE:)’s acquisition of Brammer Bio for roughly $1.7 billion.

In recent months, Moelis has been attempting to shore up its healthcare M&A unit. It recently hired another senior banker Igor Sokolovsky to help with dealmaking across sectors, with a special focus on healthcare.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,384.36 2.62%
ethereum
Ethereum (ETH) $ 3,481.33 1.11%
tether
Tether (USDT) $ 0.999169 0.09%
xrp
XRP (XRP) $ 2.28 1.34%
bnb
BNB (BNB) $ 709.00 2.53%
solana
Solana (SOL) $ 196.95 0.98%
dogecoin
Dogecoin (DOGE) $ 0.331208 0.17%
usd-coin
USDC (USDC) $ 1.00 0.02%
staked-ether
Lido Staked Ether (STETH) $ 3,477.94 1.09%
cardano
Cardano (ADA) $ 0.91352 1.69%
tron
TRON (TRX) $ 0.256517 0.43%
avalanche-2
Avalanche (AVAX) $ 40.69 1.32%
chainlink
Chainlink (LINK) $ 24.62 0.09%
the-open-network
Toncoin (TON) $ 6.02 4.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,129.17 0.71%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 0.22%
sui
Sui (SUI) $ 4.49 3.47%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,007.26 2.53%
hedera-hashgraph
Hedera (HBAR) $ 0.311304 4.90%
stellar
Stellar (XLM) $ 0.384902 0.04%
polkadot
Polkadot (DOT) $ 7.46 0.18%
weth
WETH (WETH) $ 3,479.12 1.13%
hyperliquid
Hyperliquid (HYPE) $ 28.40 3.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 464.89 1.48%
leo-token
LEO Token (LEO) $ 9.53 1.12%
uniswap
Uniswap (UNI) $ 13.99 2.45%
litecoin
Litecoin (LTC) $ 108.89 0.47%
bitget-token
Bitget Token (BGB) $ 5.78 16.66%
pepe
Pepe (PEPE) $ 0.000019 1.01%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,672.55 0.93%
near
NEAR Protocol (NEAR) $ 5.51 1.59%
ethena-usde
Ethena USDe (USDE) $ 0.999219 0.06%
aave
Aave (AAVE) $ 373.10 0.95%
internet-computer
Internet Computer (ICP) $ 11.37 2.50%
usds
USDS (USDS) $ 1.00 0.29%
aptos
Aptos (APT) $ 9.65 0.29%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.518587 0.64%
crypto-com-chain
Cronos (CRO) $ 0.159143 2.81%
vechain
VeChain (VET) $ 0.052259 0.88%
mantle
Mantle (MNT) $ 1.24 0.77%
ethereum-classic
Ethereum Classic (ETC) $ 27.55 0.89%
render-token
Render (RENDER) $ 7.58 3.60%
bittensor
Bittensor (TAO) $ 514.78 2.91%
monero
Monero (XMR) $ 196.21 3.34%
mantra-dao
MANTRA (OM) $ 3.80 0.34%
whitebit
WhiteBIT Coin (WBT) $ 24.91 1.40%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.36 2.06%
dai
Dai (DAI) $ 0.999908 0.09%
arbitrum
Arbitrum (ARB) $ 0.802207 1.98%
filecoin
Filecoin (FIL) $ 5.37 0.37%