Friday, 26 December 2014
Last updated 2 days ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.