Carlyle Adds Morgan Stanley Fund Of Funds Head

Feb 26 2013 | 1:04pm ET

Morgan Stanley's fund of hedge funds chief is to leave the bank for the Carlyle Group.

Jacques Chappuis will leave Morgan Stanley in May to join Carlyle's Solutions group as a managing director. Solutions includes Carlyle's fund of funds business, Portfolio Advisory and Risk Management Services.

"Jacques has an extraordinary track record of innovation in the development and delivery of products and services that meet and anticipate investor needs," Carlyle co-CEO David Rubenstein said. "We are delighted that he will bring his experience and energy to take our solutions business to a new level of success."

Arthur Lev will succeed Chappuis at Morgan Stanley Alternative Investment Partners. Lev, a former partner at FrontPoint Partners. will continue to run Morgan Stanley Investment Management's long-only business.

Chappuis spent seven years at Morgan Stanley, after stints at Citigroup and Boston Consulting Group.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...