Morgan Stanley Honcho Exits For Hedge Fund

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Morgan Stanley Honcho Exits For Hedge Fund

Alex Seiler, managing director and head of technology sales at Morgan Stanley in New York, has left the firm and is reportedly joining a hedge fund being set up by former Morgan Stanley colleague Jordi Visser. Visser, who resigned from his post as managing director and head of hedge fund sales for Morgan Stanley's equity derivatives group earlier this year (DW, 2/2), is rumored to be setting up a global macro equity hedge fund, which will take long/short positions and use over-the-counter derivatives, said an official familiar with his plans.

Neither Seiler nor Visser could be reached. Melissa Stonberg, spokeswoman at Morgan Stanley in New York, confirmed his departure.

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