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Moelis Hires From Blackrock, Hedge Fund for Activist Defense Team

(Reuters) Investment bank Moelis & Co said on Monday it has hired an executive from the world’s largest index fund manager, BlackRock Inc, as well as a hedge fund professional, for its team advising companies facing activist shareholders. Ted Moon, who had been a principal at Will Mesdag’s hedge fund Red Mountain Capital Partners, recently joined Moelis as an executive director in its Los Angeles office, the bank confirmed on Monday.

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