Moelis & pany(MC) - 2023 Q1 - Earnings Call Transcript

Our coverage platform was doing very well, mostly on corporates and strategics. And itÂ's interesting the group that we brought in is very much weighted towards sponsors because the fit was almost perfect. That was why we did – I mean, that's a large chunk, about half of the hiring that I've described to you. And let me say this, we would continue to be aggressive if something like that were to come. That seemed to be a slow fastball right down the middle for what we needed to move the firm into the next ge ...