Tuesday, 31 March 2015
Last updated 11 hours ago
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…