Moelis & pany(MC) - 2022 Q4 - Earnings Call Transcript

Yes. So, I think the restructuring, again, itÂ's hard for us to break out totally, but we think it was closer to 10% in the fourth quarter than 20% or 25%. And that's probably – I think that's the full year that I gave you. Sorry, 10% for the full year and the fourth quarter might be up a little bit. Look, it is possible. But this feeling that there was an immediate wave coming, the company results are not that bad yet. And the financing markets are showing a little bit of blue sky. And so again, we continu ...