Morgan Stanley Alternative Investment Partners (AIP) delivered a Broadway-worthy performance last month within its real estate fund of funds business: Joseph Stecher exited stage left, while Paul Vosper entered stage right.
As PERE reported on 9 March, a succession plan already was in place when Stecher, who was head of the business, resigned last month.
US NEWS: AIP’s senior switch(2)
Coinciding with the abrupt departure of its former head, Morgan Stanley’s real estate fund of funds group is bringing back its former chief capital-raiser. PERE Magazine, April 2012 issue
