Hedge Fund News From HedgeCo.Net

Top Firm Said to Let Staff go

August 31, 2016 : Permanent Link

(HITC Business) One of the giants of Wall Street is retreating from investing in European buyouts months after writing a big cheque to the campaign to keep the UK in the EU. Sky News reports they have learnt that Morgan Stanley informed London-based execs in its private equity team last week that it is abandoning deals in which the bank uses investors’ funds to take control of, re-engineer, and sell companies…

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