At Serengeti, Mr. Moelis played a key role in investment decisions in the steel and iron ore space, which he has followed closely since 2011. During this time, Mr. Moelis gained a detailed understanding of the sector, in particular regarding global supply and demand for iron and steel, as well as for the trade dynamics between iron ore miners and steelmakers.
..played a key role in investment decisions... a little bit of hyperbole there or he just sat in on meetings and read a lot...guaranteed
...During this time, Mr. Moelis gained a detailed understanding of the sector, in particular regarding global supply and demand for iron and steel...meaning he did NOT raise one lousy nickel in his time there
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