Morgan Stanley Said to Hire Koski for Infrastructure Investing

Morgan Stanley, the sixth-largest U.S. bank by assets, hired Chris Koski to work in its $4 billion infrastructure-fund business, according to a person briefed on the matter.

Koski will be a managing director and hasn’t started at the firm, said the person, who asked not to be named because the hire hasn’t been publicly announced. Koski was global head of infrastructure at the Abu Dhabi Investment Authority, one of the world’s biggest sovereign-wealth funds, until last year.

Morgan Stanley Infrastructure is run by co-head Markus Hottenrott, Anne Valentine Andrews and Jim Wilmott. It is part of the asset-management division’s merchant-banking segment, which generated $272 million of revenue last year.

Koski resigned from the Abu Dhabi fund in July for personal reasons and stayed on until late October to assist with the recruitment of a replacement, ADIA said in November. He joined the fund in 2007 from the Canada Pension Plan Investment Board.

Morgan Stanley’s infrastructure group in August bought the portion of Southern Star Central Corp. it didn’t already own. Southern Star operates a natural-gas pipeline that services cities in the U.S. Midwest including St. Louis.

Mark Lake, a spokesman for the New York-based bank, declined to comment on the hire.

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