Pablo De La Infiesta, the former European fund placement and secondaries head at Lazard, has joined at Moelis & Company, two months after Private Equity International first reported he had left the investment bank.
De La Infiesta is set to join the firm as a managing director and head of the private funds advisory group in Europe, the Middle East and Africa, according to a statement from Moelis, marking the firm’s first hire in its push into European alternatives advisory.
He will take up the new post in October and will be based in the London, where he will provide “capital raising, secondaries and other advisory services to private fund sponsors and limited partners”, according to the statement.
De La Infiesta left Lazard in May after 11 years, having risen to the position of managing director and European head of the private advisory group, which is responsible for fund placement and secondaries advisory. Prior to that he was a principal at Campbell Lutyens.
“We continue to see a significant reallocation of capital back towards private equity,” said Ken Moelis, chairman and chief executive of Moelis, in the statement.
“As sponsors launch new funds, the addition of Pablo’s extensive experience and deep relationships offer our clients broader private funds advisory capabilities along with a fundraising and secondary advisory network that extends into Europe and beyond.”
Lazard worked on 20 private equity fund closes that raised more than $8.5 billion in aggregate capital commitments in 2016. The firm also advised on more than €4 billion of secondaries deals that closed in the same period.
Independent investment bank Moelis has around 650 employees based in 17 offices across North and South America, Europe, the Middle East, Asia and Australia.