Ken Moelis says M&A cycle has years to go

The latest cycle of deal making - 2014 marked the best year for mergers and acquisitions since 2007 - - has years to go, a veteran Wall Street banker said.

Bloomberg News reports that Ken Moelis, who has helped companies from HJ Heinz Co. to NYSE Euronext find buyers, said mergers and acquisitions have gone through three broad cycles since the early 1980s, usually with three- to four-year breathers in between.

After a slump from 2009 to 2012, the latest cycle started about 18 months ago, he said.

Moelis, 56, founded Moelis & Co. eight years ago and took the company public last April. Speaking by phone Wednesday, he said:

'What I see going on around the world in M&A is an attempt to get every possible efficiency you can possibly get,' Moelis said. 'This new cycle is about disinflation, deflation and cost-efficiency.'

Hit the link below to access the complete Bloomberg News article:

M&A Boom Cycle Has Years Left to Run, Ken Moelis Says

Bond Turbulence Welcomed — as Long as Yields Go Up

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News