Moelis Hires Former BlackRock Innovation Head for Privates Push

Moelis & Co. hired BlackRock Inc.’s former innovation capital head to bolster its business of providing customized capital raising advice for private and public companies.

Matt Singer’s focus at the investment bank will be on private placements by high-growth public companies and private credit, Moelis said in a statement provided to Bloomberg News.

In his most recent role at BlackRock, Singer oversaw a $1.1 billion portfolio providing growth equity financing to mid and late-stage venture-backed companies in the artificial intelligence, enterprise software, hardware, defense and industrial technology sectors. Singer had worked at BlackRock since late 2021, according to his ...