Revenues at Moelis & Co’s rose by more than a third in the second quarter – its first as a publicly-traded company – benefiting from a market that is “telling companies to go ahead with their proposed deals”.

Revenues at Moelis rose 34% year-on-year to $131.7 million in the three months to June 30 - a record second quarter for the firm. Revenues over the last 12 months were the strongest in the company's seven-year history.