Investment Banking

Moelis raids 11 senior dealmakers from SVB Securities for tech team

Moelis has nearly doubled the size of its technology team with the new hires

Navid Mahmoodzadegan, co-founder and co-president at Moelis, said expanding the technology team was a ‘strategic priority’ for the bank
Navid Mahmoodzadegan, co-founder and co-president at Moelis, said expanding the technology team was a ‘strategic priority’ for the bank Photo: Mike Blake/Alamy

Moelis & Co has swooped on a team of 11 senior dealmakers from Silicon Valley Bank's investment banking arm, doubling the size of its technology unit as the boutique takes advantage of the turmoil at the firm.

Jason Auerbach has joined Moelis as global head of technology investment banking, it said in a statement, alongside 10 other managing directors.

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