Morgan Stanley Reorganizes Asia PE Team After Senior Departures

(Bloomberg) — Morgan Stanley is shaking up its private equity division in Asia following the retirement of veteran employees Chin Chou and Andrew Hawkyard, according to a memo.

Chou has been with the bank for 35 years and led the Asia private equity business. Hawkyard, who most recently served as chief investment officer of private equity in Asia, has been at Morgan Stanley for 24 years. A company representative confirmed the contents of the memo.