Morgan Stanley Snags Goldman Vet

Sep 30 2006 | 9:22am ET

Morgan Stanley has snagged a Goldman Sachs executive to head up its new private equity group. Stephen Trevor, a managing director in Goldman’s principal investment area, and Alan Jones will be the co-heads of Morgan Stanley Investment Management’s p.e. business, reporting to MSIM President Owen Thomas.Jones is currently head of Morgan Stanley’s corporate finance division.

“Steve Trevor and Alan Jones are a perfect team to lead our private equity initiatives,” Morgan Stanley Chairman and CEO John Mack said. “”Steve Trevor is a world-class banker and leader with extensive private-equity experience, having working in the principal investment business in Hong Kong, Europe and, most recently, New York.”

Trevor is to join Morgan in March 2007.

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