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Morgan Stanley Bankers Peter Bacon, Gene Martin Said to Leave

Peter Bacon, Morgan Stanley’s head of capital markets in Europe, and Gene Martin, co-head of the leveraged and acquisition finance group, are leaving the bank, according to people briefed on the matter.

Bacon plans to pursue other opportunities, according to an internal memo from Raj Dhanda, Morgan Stanley’s head of global capital markets. A copy of the memo was obtained by Bloomberg News and the contents were confirmed by Morgan Stanley spokeswoman Mary Claire Delaney. Martin’s departure means Dan Toscano, hired as his co-head in April 2010, will run the group on his own, said two of the people, who asked not to be identified because the departures weren’t publicly announced.