Moelis’s Cantor to Seek Out Defense Clients in Washington

Eric Cantor, the former House majority leader who joined Wall Street veteran Ken Moelis’s investment bank last year, said he plans to focus on technology, defense and health-care companies as the firm expands into Washington.

Cantor, a Republican who represented a district in Virginia, will be the lead managing director in the Washington bureau of Moelis & Co. that is opening Tuesday, he said on a conference call. Corporations are focused on the nation’s capital, so the firm must be too, he said.