Morgan Stanley capital markets head to run structured credit fund
Claus Skrumsager, co-head of EMEA capital markets at Morgan Stanley, will join the firm’s investment management unit as portfolio manager and head of private structured credit solutions, a new role leading a team and fund which has yet to be established, but which is likely to involve deploying institutional capital into a wide range of illiquid assets.
Skrumsager’s colleague Tom Cahill, the New York-based global head of asset finance, is also switching to investment management, where he will become portfolio manager and head of private opportunistic investing within the private credit and equity unit, while Skrumsager joins the solutions and multi-asset division.Dan Simkowitz, head ...
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