Barclays Hires Morgan Stanley’s Douglass to Run Sponsors M&A (1)

Barclays Plc, seeking to capitalize on the lucrative fees that come with private equity firms selling their assets, has hired Martin Douglass from Morgan Stanley to lead its financial sponsors mergers and acquisitions business.

Douglass is joining London-based Barclays in New York and will report to Dan Grabos, head of Americas M&A. He’ll work closely with JF Astier, the bank’s global head of the financial sponsors group, and Christian Oberle, its head of the sponsors group in the Americas, according to a memo reviewed by Bloomberg News.

A representative for Barclays confirmed the contents of the ...