UK - Morgan Stanley appoints Brian Magnus as joint European chief of $6bn buyout fund

Morgan Stanley has announced that Brian Magnus, its UK head of investment banking, is to join Graham Keniston-Cooper as joint European chief of its new buyout fund. The bank is planning a $6bn fund after a five year holiday from the buyout market - its previous vehicle was spunout as Metalmark Capital in 2002. Keniston-Cooper was previously a director at Cinven and most recently was managing partner at Lazard European Private Equity Partners.