Bill Derrough is a managing director and co-head of the Recapitalization & Restructuring Group at Moelis & Company. He has been in the investment banking industry for 20 years. From 1998 until joining Moelis & Company in July 2008, he co-founded and co-headed the Recapitalization & Restructuring Group at Jefferies & Company. Prior to joining Jefferies, Derrough was a principal with the San Francisco-based private investment firm of Doyle & Boissiere for one year, where he was responsible for identifying and executing controlling equity investments in underperforming companies and assisting them in their operational turnarounds. Bill sits on the board of directors for The American Bankruptcy Institute, the largest multi-disciplinary, non- partisan organization dedicated to research and education on matters related to insolvency, as well as Lambda Legal, a national organization committed to achieving full recognition of the civil rights of lesbians, gay men, bisexuals, transgender people, and those with HIV through impact litigation, education, and public policy work. He formerly served on the boards of Strategic Partners, Inc.; Scott Cable Communications, Inc.; and Maitri, a San Francisco-based non-profit AIDS hospice, for which he also served as board treasurer. Derrough received his BA from the University of California, Berkeley.