John Travis has joined former Morgan Stanley colleague Jakob Lindquist at his private debt fund start-up, Cordet Capital Partners.
The firm could not be reached for comment by press time, but Travis’ LinkedIn profile confirms the move. He took up his position as general counsel at the firm last month.
Linquist, a 22 year veteran of Morgan Stanley, left the bank last year to establish Cordet. The firm describes itself as a European credit business, with a focus on direct lending to mid-market companies across Northern Europe. It is understood to be raising its maiden fund, Cordet Direct Lending.
Linquist, a Swedish national, was a managing director at Morgan Stanley, and was latterly co-head of the bank’s global financial institutions group in EMEA before his departure in 2012.
Travis had been at Morgan Stanley since 1993 when he joined from law firm Sullivan & Cromwell. Posts held during his time at the bank included: chief operating officer, EMEA global capital markets; co-head of EMEA capital markets execution; and chairman of the EMEA equity underwriting committee.
Other executives at the firm include Gustavo Diquez, a principal who joined from UBS last year; Christian Magnuson, a principal who joined from SEB Acquisition finance; and investment professional Aline Reichenberg Gustafsson.