Former Republican Congressman Eric Cantor is joining New York investment bank Moelis & Co. as vice chairman and managing director.

Cantor–who unexpectedly lost to David Brat in Virginia’s June primary–will also become a board member.

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As part of his responsibilities, Cantor will counsel corporate and institutional clients. He will also be active in client development and advise clients on strategic matters.

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Cantor was House Majority Leader for three years while also working as U.S. Representative for Virginia’s 7th Congressional District. He served in the House of Representatives from 2001 to 2014.

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Originally published on Advisor.ca

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