Dec 08, 2021 / 07:20PM GMT
Richard Nigel Ramsden - Goldman Sachs Group, Inc., Research Division - MD
Okay. So good afternoon, everybody. We're delighted to welcome our next presenter, who is Ken Moelis, Founder, Chairman and CEO of Moelis & Co. Since founding the firm in 2007, Ken has created, I think, one of the broadest independent advisers in the industry with truly a global footprint. Moelis went public in 2014. They've seen very rapid growth. And I think a great stat is since the IPO, Moelis has returned more than its IPO price in dividends and the share price has more than doubled. So that's very good in terms of shareholder value creation. So Ken, thank you very much for joining us. Great to have you back in person.
Questions and Answers:
Richard Nigel Ramsden - Goldman Sachs Group, Inc., Research Division - MDI thought let me just start off with a broad question around the macro environment and how you're thinking about that. And there's obviously a lot of focus around this transition towards a higher interest rate environment, what that means, how concerned corporates