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Moelis joins boutique bank Mena rush

New office head says the bank's advisory focus will make it ideally placed to pick up restructuring mandates in the Middle East

US investment bank Moelis & Co has opened an office in Dubai as it seeks to capitalise on the growing number of opportunities for boutiques to advise on restructuring deals in the Middle East.

The office, which will be Moelis's seventh worldwide, will be led by Augusto Sasso, head of investment banking for the Middle East and North Africa.

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