FINSwire Mar 10 2011

Moelis Hires Hollywood Deal Lawyer

By kyle stock

Moelis & Co. LLC, a Los Angeles-basee boutique investment bank, has hired a veteran private-equity attorney for its home office.

Nick Saggese will join the firm as a senior advisor, according to a Moelis announcement this morning. Saggese has spent the past 25 years with Skadden, Arps, Slate, Meagher & Flom LLP, where he finished his tenure as partner and co-head of the firm's private-equity practice.

Saggese has worked on a number of big Hollywood deals, including the sale of DreamWorks to Paramount Pictures.

In the past year, Moelis has almost doubled its headcount to about 470.

Write to Kyle Stock

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