KKR Nabs Morgan Stanley Global Macro Chief

Jun 27 2011 | 3:08am ET

Morgan Stanley has lost its global asset allocation head to Kohlberg Kravis Roberts and replaced him with a founding partner of Traxis Partners.

KKR named Henry McVey to its new hedge fund group as a managing director and head of global macro and asset allocation, the firm said. At Morgan Stanley, he was responsible for some $8 billion in asset allocation and global macro products.

McVey worked at Morgan Stanley until 2007, when he left to join Fortress Investment Group. He returned to the firm two years later.

“At any given time, we have a diverse portfolio that offers unique insight into the business environment, and we believe we can better harness the data and trends we are seeing through our firm's various investment strategies,” KKR co-CEOs Henry Kravis and George Roberts said. “Henry McVey has the right skills, expertise and investment acumen to help us better mine the data and trends we are seeing, which will, in turn, open up new market opportunities for KKR and its clients.”

Succeeding McVey at Morgan Stanley is Cyril Moulle-Berteaux, one of the founders of Traxis. Traxis is led by Barton Biggs, Morgan Stanley’s former chief strategist. Morgan Stanley also owns a minority stake in the hedge fund.

Moulle-Berteaux worked at Morgan Stanley Investment management from 1995 until 2003.

“We are thrilled to have Cyril and his level of institutional investment talent back at MSIM,” Greg Fleming, head of MSIM, said. “Cyril’s return is consistent with our commitment to investment excellence and to growing as an investor-led organization.”


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

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.