Morgan Stanley Loses Two Alts. Executives

Jul 13 2010 | 12:10pm ET

The co-head of Morgan Stanley’s private equity division and another top asset management executive are leaving the firm.

Stephen Trevor and Stuart Bohart served as co-heads of asset management at Morgan Stanley until February, when Gregory Fleming took the reins as president. Since then, Trevor has led the p.e. business, while Bohart, a former head of Morgan Stanley’s prime brokerage business, had overseen about $230 billion of Morgan Stanley Investment Management’s $260 billion in assets, including hedge funds and p.e. funds.

Bohart, who formerly worked at FrontPoint Partners, the hedge fund later acquired by Morgan Stanley, is said to be considering another asset management job outside of Morgan Stanley, The Wall Street Journal reports. He remains an adviser to Fleming, but is no longer managing money on a day-to-day basis.

Trevor, who joined the firm from Goldman Sachs four years ago to help it build its private equity business, is also set to leave this summer. His co-head of p.e., Alan Jones, will remain with the firm.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.