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Zaoui Brothers Found New Firm After Yoel Leaves Goldman

Michael and Yoel Zaoui, former M&A bankers at Morgan Stanley (MS) and Goldman Sachs Group Inc. (GS) respectively, are starting a new firm.

Zaoui Capital LLP was incorporated on July 26, according to documents filed with the U.K.’s Companies House. The documents list Michael, 55, and Yoel, 51, as officers of the company, which is registered to the London offices of U.S. law firm Schulte Roth & Zabel LLP.

Yoel Zaoui resigned as co-head of global mergers and acquisitions at Goldman Sachs in April, while Michael ran European M&A at Morgan Stanley until he retired in 2008.

The pair, who are French citizens, attracted attention in the late 1990s for being on the opposite sides of some of the era’s biggest takeover battles, including the $58 billion deal that created French energy giant Total SA and Vodafone Group Plc (VOD)’s $137 billion hostile bid for Mannesmann AG.

Yoel has been among potential candidates to lead Vivendi SA (VIV), the French media and telecommunications group that ousted Chief Executive Officer Jean-Bernard Levy this year as it began a review of its wide-ranging corporate structure, people familiar with the deliberations said last month.

To contact the reporter on this story: Matthew Campbell in London at

To contact the editor responsible for this story: Jacqueline Simmons at

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