Morgan Stanley to raise capital for hedge fund clients
Morgan Stanley
The bank said on Friday that it had hired Jenkin Leung, former managing director at Lehman Brothers' institutional sales team, to head capital-raising for Asia. Leung was also chief executive of Hong Kong-based hedge fund Hindsight.
Dubbed the alternatives capital group, the six-member team was spread across New York, London, Hong Kong and Dubai, the spokesman said.
The team, headed globally by New York-based David Barrett, is responsible for identifying top-of-class alternative investment products and marketing them to asset owners, including sovereign wealth funds, pension plans and family office.
Other banks, such as Credit Suisse
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