Morgan Stanley Lawyer Gets Hedge Fund Post

Nov 4 2010 | 8:41am ET

Morgan Stanley has named Arthur Lev as head of strategy for its stable of hedge fund stakes.

The firm said that Lev, who returned to Morgan Stanley from FrontPoint Partners in 2006, would oversee its ownership of hedge funds, including FrontPoint. Morgan Stanley bought FrontPoint in 2006 and last month agreed to sell a majority stake in the hedge fund to its management.

Morgan Stanley will retain a minority stake in FrontPoint for at least five years. The firm also owns minority stakes in Avenue Capital Group, Lansdowne Partners and Traxis Partners.

Lev was most recently general counsel of Morgan Stanley Investment Management. It was his second go-around in that post which he'd held before his departure for FrontPoint in 2002.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...