Jacques Chappuis, former managing director at the Carlyle Group and former head of the firm’s investment solutions business, has returned to Morgan Stanley in a newly-created position, Matthew Burkhard, a spokesman for Morgan Stanley confirmed.
“Jacques Chappuis rejoined Morgan Stanley Investment Management earlier this month as co-head of the solutions and multi-asset group,” he wrote in an email. He declined to give further details as to what Chappuis will focus on. In his new role, Chappuis will be working with Rui De Figueiredo, according to reports.
Chappuis initially joined Morgan Stanley in 2006 and most recently headed Morgan Stanley Alternative Investment Partners, its fund of funds business, until 2013 when he left for Carlyle.
Chappuis stepped down as head of Carlyle’s investment solutions business segment at the end of 2015. That group was made of AlpInvest Partners, Metropolitan Real Estate and fund of hedge funds Diversified Global Asset Management, which Carlyle shut down last month.
He was replaced by Lauren Dillard, a Carlyle partner and managing director who served as chief operating officer and chief financial officer of the unit and is a 14-year Carlyle veteran.