Morgan Stanley’s Groeller Said to Join Taubman’s PJT

Johannes Groeller, co-head of mergers and acquisitions at Morgan Stanley in Europe, the Middle East and Africa, is leaving to join Paul J. Taubman’s PJT Partners, according to people familiar with the matter.

Groeller, who had been co-head of M&A at Morgan Stanley with Colm Donlon since 2012, will help Taubman build PJT’s European business, the people said, asking not to be identified because the hiring isn’t public yet. Before becoming co-head of M&A, Groeller had previously served as co-head of investment banking in Germany and Austria.

Taubman, who started PJT Partners in 2013 after three decades with Morgan Stanley, plans to merge his firm with Blackstone Group LP’s advisory unit into a new, public entity that he will lead. He also previously hired former Morgan Stanley banker Scott Matlock, according to people familiar with the move.

Taubman started PJT Capital as part of his role as an adviser in Verizon Communications Inc.’s $130 billion buyout of partner Vodafone Group Plc.’s 45 percent stake in Verizon Wireless, the largest U.S. mobile carrier.

Morgan Stanley is ranked fifth in M&A advisory by market share so far this year, according to data compiled by Bloomberg.

Representatives for Morgan Stanley and PJT declined to comment. The departure of Groeller was earlier reported by Reuters.

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