Morgan Stanley Hires UBS Vet For New Dallas Prime Brokerage Office

Jul 28 2009 | 2:39am ET

Morgan Stanley isn’t done poaching from UBS’ prime brokerage.

The Wall Street giant has hired John Carlisle to head distribution efforts at its new prime brokerage office in Dallas, Reuters reports. Carlisle had served as head of UBS prime services’ southwest region, having helped build the firm’s business in that region since 2001.

Carlisle will start at Morgan Stanley in October. When he arrives, he’ll be greeted by a familiar face: Alex Ehrlich, global head of prime services at UBS until last month, now leads Morgan Stanley’s prime brokerage business.

In a strange bit of prime brokerage musical chairs, the man who Ehrlich replaced at Morgan Stanley, Stuart Hendel, has replaced Ehrlich at UBS.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note