Moelis mpany : Strengthens its Power & Utilities Expertise with Appointment of Philip Holder as a Managing Director

New York and Houston, September 14, 2023-Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that it has appointed Philip Holder as a Managing Director expanding the Firm's Power & Utilities coverage. Based in Houston, Phil will provide strategic advice to clients with a focus on the power, utility, financial sponsor, and clean technology sectors.

Phil was most recently a Senior Vice President of Strategic Planning at CenterPoint Energy where he was responsible for corporate strategy, M&A, and financial planning, in addition to the company's ESG and Energy Transition strategy. Previously, Phil spent over 16 years as an investment banker where he provided a broad range of strategic advice on M&A and restructuring situations in the Power & Utilities sector, holding roles at Guggenheim, Citigroup, and UBS. Notably, he was the financial advisor to Governor Gavin Newsom regarding the establishment of the California State Wildfire Fund.

Jeff Raich, Co-President and Co-Founder of Moelis commented, "As financial sponsors, corporates, and utilities all increase their focus on energy transition, Phil's unique perspective and deep knowledge on the challenges that impact our clients' businesses most will prove invaluable."

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About Moelis & Company

Moelis & Company ("Moelis") is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company's experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.