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Moelis & Company appoints new managing director

Moelis & Company, an investment banking firm, has appointed Justin Mirro as its new managing director. Mr Mirro will join the company in July 2008 and will be based in New York.

Mr Mirro, who has over 13 years of automotive investment banking experience, will lead the firm’s coverage effort in the automotive sector.

Prior to joining Moelis & Company, Mr Mirro was with Jefferies & Company where he built a franchise advising automotive assemblers, suppliers, the aftermarket and dealerships on mergers and acquisitions, debt and equity financings, restructurings and leveraged buyouts. Before joining Jefferies, Mr Mirro was an automotive investment banker at ABN Amro, Salomon Smith Barney and Schroder Wertheim.

Prior to his investment banking career, Mr Mirro worked in the automotive industry as a design and manufacturing engineer for General Motors in Detroit and Toyota Motor in Japan. He has been a member of the Society of Automotive Engineers since 1991.

Ken Moelis, CEO, said: Justin brings deep experience and an extensive relationship network in the automotive industry, and we are thrilled to have him on our team. Hiring Justin is consistent with our strategy of adding new areas of sector expertise to continue to enhance our ability to support our clients with comprehensive advice and solutions.