Morgan Stanley SPAC Banker Bennett Schachter Exits for Elliott

Bennett Schachter, the top SPAC bankerat Morgan Stanley and its global head of alternative capital, is leaving for a role at Elliott Investment Management, according to people with knowledge of the matter.

Schachter, who joined the New York-based bank in 2019 after more than two decades at Goldman Sachs Group Inc., is set to join the Paul Singer-led hedge fund later this year, said the people, asking not to be identified as the move isn’t yet public.

Representatives for Morgan Stanley and Elliott declined to comment. Schachter didn’t immediately respond to a request for comment.

Amid ongoing ...