New York-based investment bank Moelis & Company is expanding into India, the company said yesterday. Manisha Girotra, India country head at UBS, joins to run the office.
"As we expand our global footprint and information network, we see India, with its scale and importance globally, as a priority for our continued growth," Moelis Chief Executive Ken Moelis said in a statement.
The India office will offer services in mergers and acquisitions, recapitalizations and restructurings, capital markets and risk advisory.
The team in India should grow to double digits over the next year, the Business Standard reported.
"Our plan in India is to grow our team in line with client demand and deal volume," a Moelis spokeswoman told FINS.
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