Moelis Taps Ex-Evercore Banker to Join Restructuring Practice

Investment bank Moelis & Co hired Ankit Dalal to bolster its debt restructuring practice, according to a person with knowledge of the move.

Dalal previously worked as a managing director under Roopesh Shah and Greg Berube at Evercore Inc. While there, he was part of an effort to build out the bank’s capacity to advise creditor groups and companies in restructuring scenarios, the person said, asking not to be identified discussing private information.

A representative for Moelis declined to comment on the move, while representatives for Evercore didn’t respond to a request for comment.

Revenue at Moelis rose 17% in ...