UBS loses Patrick Loftus-Hills to Moelis

Patrick Loftus-Hills makes an unexpected move to boutique investment bank Moelis, leaving the position of head of natural resources vacant at UBS.
Patrick Loftus-Hills, Moelis
Patrick Loftus-Hills, Moelis

Moelis and Company, a boutique US investment bank, has made a high-profile hire, bringing on board Patrick Loftus-Hills, who was joint head of the Asian industrials group and head of natural resources at UBS, as the third managing director in its recently launched Hong Kong office.

Loftus-Hills joins Moelis as a managing director in metals and mining, working alongside sector bankers Mark Henkels, who is also an MD, and Mark Aedy, who heads investment banking for Europe, the Middle East and Africa, as well as covering the metals and mining sector.

We have seen considerable growth in cross-border metals and mining MA activity over...

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