Investing

H.I.G. Poaches Morgan Stanley Executives for Secondary Strategy

H.I.G. Capital hired four executives from Morgan Stanley’s private equity secondaries team as it prepares to launch a fund early next year, according to people familiar with the matter.

Dan Wieder, Yash Gupta, Austin Gerber and Joe Holleran left Morgan Stanley in recent days, said the people, who asked not be identified discussing personnel moves.