Morgan Stanley

Morgan Stanley Private Equity Hires Gary S. Matthews as Managing Director and Operating Partner

Oct 1, 2007

New York —

 

Morgan Stanley announced today that Gary S. Matthews will join the Firm as a Managing Director and Operating Partner for Morgan Stanley Private Equity, the Firm’s global private equity business.  In this role, Mr. Matthews will assist the private equity team in identifying companies for leveraged buyouts, corporate divestitures, sponsored recapitalizations, joint ventures and other direct investments, and will help oversee the management and strategies for those businesses.

Mr. Matthews brings leadership experience across a number of industries.  He has led several private equity backed companies and public company business units, including Simmons Bedding Company, Sleep Innovations, Inc., Bristol-Myers Squibb and Derby Cycle Corporation.  He also served as Managing Director UK for Diageo/Guinness Limited from 1998 to 1999, as President and CEO of Guinness Import Company from 1996 to 1997 and held senior management positions at PepsiCo and McKinsey & Company.  Mr. Matthews began his career at Procter & Gamble.  He holds a B.A., cum laude, from Princeton University and an M.B.A. with distinction from Harvard Business School.

“Gary is a proven CEO in both the public and private equity arenas, and has generated top and bottom line growth for more than two decades by transforming internally focused companies into market driven organizations,” said Stephen Trevor, Co-Head of both Morgan Stanley Private Equity and the Firm’s Merchant Banking division.  “Operating partners are critical to our strategy of building a world-class private equity franchise and we are pleased to welcome Gary to the team.”

“Gary embodies the traits we look for in an operating partner,” said Alan Jones, Co-Head of Morgan Stanley Private Equity.  “He has a successful track record of attracting top-flight management talent and building and motivating teams to create winning cultures with successful business strategies that yield positive financial results.” 

Morgan Stanley Private Equity is part of the Merchant Banking division of Morgan Stanley Investment Management.  Merchant Banking, led by Stephen Trevor and Jay Mantz, sponsors traditional private equity funds, infrastructure-focused funds and one of the industry-leading real estate investing platforms globally.  By leveraging the Morgan Stanley network and brand to generate ideas, harness relationships and create investment opportunities, Morgan Stanley’s Merchant Banking Division aims to deliver superior returns for its investor clients.

Morgan Stanley Investment Management, together with its investment advisory affiliates, has over 800 investment professionals around the world and approximately $577 billion in assets under management or supervision as of August 31, 2007.  These entities offer investment management services to a diverse client base, which includes governments, institutions, corporations and individuals.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 32 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.

Contact: Media Relations, Alyson D’Ambrisi, 212.762.7006