Shares Leaves Fortress for Moelis

NEW YORK (Reuters) – Investment banking firm Moelis & Co. said on Wednesday it hired veteran private equity executive Greg Share to expand its buyouts practice.

Share joins from Fortress Investment Group (FIG.N: Quote, Profile, Research, Stock Buzz), where he was a managing director in the private equity group, most recently focusing on financial services and insurance investments. Prior to that he was with Madison Dearborn Partners and Lazard Freres & Co.

Moelis, founded by veteran banker Ken Moelis, has advised on major corporate transactions, including advising Yahoo Inc. (YHOO.O: Quote, Profile, Research, Stock Buzz) in its negotiations with Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) and Anheuser-Busch Cos Inc (BUD.N: Quote, Profile, Research, Stock Buzz) in its purchase by InBev NV (INTB.BR: Quote, Profile, Research, Stock Buzz).

Share is joining as a partner in the private equity business of Moelis Capital Partners, based in New York.

Ken Moelis was formerly president of UBS Investment Bank.

(Reporting by Dane Hamilton, editing by Dave Zimmerman)

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