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Morgan Stanley PE Asia to reorganise regional teams as CEO steps down

Reuters

HONG KONG, April 25 (Reuters) - Morgan Stanley Private Equity Asia is reorganising its teams in the region as its current chief executive of Asia Chin Chou is leaving the firm, according to an internal memo seen by Reuters.

Morgan Stanley will carve out a China-focused team from the rest of the region that focuses on investments in onshore and offshore China, according to the memo.

A spokesperson for the firm confirmed the content of the memo when approached by Reuters. (Reporting by Kane Wu; Editing by Jacqueline Wong)