MS tech group in NYC
IB
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on 5/24/12 at 11:05am
Does anyone have any insight into the MS tech group in NYC?
Thanks in advance.





The tech group in NYC is
The tech group in NYC is strong in part because the Menlo Park based Tech group on the West Coast is very very strong. They sort of dovetail and pick up work based on Morgan Stanley's strong tech reputation. Regardless of the Facebook drama, Morgan Stanley's tech group is still the leader by a mile.
The NYC based tech group tends to do a lot of sponsor transactions with mature tech companies, and with larger tech service companies. They for sure do a lot more M&A than equity, but most of the M&A is supported by their M&A group with the NYC Tech guys handling the client. They also have a small Services Group and a large Financial Sponsors Group, that often works with the Tech folks out in NYC.
That all said, Grimes is the head of Global Tech, so everyone in NYC technically works for him, but he sits in Menlo Park.
Hope that helps
MS splits tech into regional
MS splits tech into regional coverage. Because of the nature of the east coast technology industry, they focus primarily software with some semi's and internet deals, as well.
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