Moelis & Company is a global independent investment bank that provides strategic and financial advice to a diverse client base, including corporations, governments and financial sponsors. The Company assists its clients in achieving their strategic goals by offering globally integrated financial advisory services across all industry sectors. The Company advises clients around the world on their critical decisions, including mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters. As of December 31, 2013, the Company served its clients globally with 317 advisory bankers, including 86 Managing Directors. The Company generates revenues primarily from providing advisory services on transactions that are subject to individually negotiated engagement letters which set forth its fees.