Morgan Stanley Beefs Up Private Equity Unit With New Hires

Oct 25 2007 | 10:43am ET

Morgan Stanley announced that it has hired Michael Hehn and Eric Fry as managing directors in the firm’s private equity group. Fry joined in August from Metalmark and is based in New York, while Hehn was most recently at Allianz Capital Partners and will join the firm in December and will be based in London.

They will both be responsible for building the firm's global private equity business for third-party investors, focusing on leveraged buyouts, corporate divestitures, sponsored recapitalizations, joint ventures and other direct investments in their respective regions.

Alan Jones, co-head of Morgan Stanley Private Equity, said, “Eric and Michael are excellent additions to our team. They both bring a depth of private equity experience that will prove invaluable as we build a world-class private equity-investing platform. We believe that the ongoing globalization and transformation of the economy will produce continued private equity opportunities and that our solid team, coupled with the global Morgan Stanley platform, will be uniquely positioned to capitalize on these opportunities.”

To date, Morgan Stanley Private Equity and its predecessor funds have invested nearly $6.5 billion of equity across a broad spectrum of industries.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...