NEW YORK and LONDON (HedgeWorld.com)–Two of Morgan Stanley’s senior European analysts and a top U.S.-based strategist left the firm recently to join hedge funds.
Steven Galbraith, who as managing director, chief investment officer and chief U.S. strategist at Morgan Stanley in New York, earned a reputation as one of the country’s top research analysts, joined Maverick Capital Management LLC. His role at the US$7.1 billion hedge fund will be broad, people familiar with the matter said, and he is being brought in as a principal at the fund.
Maverick founder and Managing Partner Lee S. Ainsle III said in a statement that everyone at Maverick is excited about landing Mr. Galbraith. “We are confident that his insights and abilities will prove to be very valuable to Maverick and our investors.”
According to published reports, Mr. Galbraith’s duties at Morgan Stanley will be taken over by financial services analyst Henry McVey.
In London, research analysts William de Winton and Colum McCoole left Morgan Stanley to take jobs at separate hedge funds.