Morgan Stanley nabs Goldman funds manager

Newswire

NEW YORK, March 25 (Reuters) - Morgan Stanley on Tuesday said its Morgan Stanley Alternative Investment Partners unit hired Goldman Sachs executive Joseph Stecher as a chief investment officer for funds comprised of real estate funds. For the past year, Stecher managed real estate funds of funds and separate accounts for institutions and high net worth individuals at Goldman. Prior to that, he spent 16 years at General Motors Asset Management, where he managed $1.5 billion of private ...

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