Taubman’s PJT Said to Hire Morgan Stanley’s Fitch in Europe

  • Laurie Fitch to oversee industrial, utility companies in EMEA
  • PJT has made big hires in Europe to bolster operations

PJT Partners Inc., the boutique investment bank spun off from Blackstone Group LP, has hired Morgan Stanley’s Laurie Fitch as a partner to oversee industrial and utility companies in Europe, the Middle East and Africa, according to people familiar with the matter.

Fitch, who was co-head of EMEA industrials at Morgan Stanley, is joining PJT soon in London, said the people, who asked not to be identified because talks are private. Representatives for PJT and Morgan Stanley declined to comment.

PJT, which was formed in 2015 by combining a Blackstone operation with a firm founded by former Morgan Stanley dealmaker Paul J. Taubman, has been making big hires to build up its European operations. Johannes Groeller, co-head of M&A at Morgan Stanley for the EMEA region, joined PJT’s European business last year, as did Basil Geoghegan, a managing director at Citigroup Inc.

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