Excerpt: Morgan Stanley Real Estate Fund Said Likely to Win New Deadline Morgan Stanley’s $4.7 billion real-estate fund, known as MSREF VII, will probably win approval to extend the deadline for finding new investments into 2013, a person familiar with the discussions said. Investors in Morgan Stanley Real Estate Fund VII have indicated they will […]
Greg Fleming
Excerpts: Morgan Stanley Misses Deal Harmony With Colm Kelleher – Paul Taubman Clash Colm Kelleher and Paul J. Taubman, co-heads of Morgan Stanley’s biggest business, work on opposite sides of an ocean, disagree about strategy and share an enmity that has become the subject of company jokes. Neither Kelleher, 54, a gregarious former fixed-income salesman,
Excerpt: Merrill Lynch’s Greg Fleming: Sources Say No Legal Trouble Ahead Merrill’s loss-making performance led to the departures of former chief executive Stan O’Neal and former co-president Ahmass Fakahany. But many thought the changes at Merrill would go further. Peter Sorrentino, who helps manage a $12 billion fund that has invested in Merrill told Bloomberg