Andy Shinn and Aaron Sack have joined as executive directors in Morgan Stanley Private Equity, the firm's global buyout business. Shinn joins from The Carlyle Group where he recently led the acquisition of Home Depot Supply, and Sack joins from Apollo Advisors. Both are based in New York.
“Attracting talent on the level of Andy and Aaron further secures our foothold in the private equity space,” said Steve Trevor, co-head of both Morgan Stanley Private Equity and the merchant banking division.
To date, Morgan Stanley Private Equity and its predecessor funds have invested nearly $6.5 billion of equity across a broad spectrum of industries.
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...