Morgan Stanley names new leaders for Alternative Investment Partners unit
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Neha Champaneria Markle, managing director, will take over as head of Morgan Stanley Investment Management's Alternative Investment Partners private markets solutions unit in January.
She will retain her role as portfolio manager on the AIP private markets team, which manages primary fund investing, co-investment and impact-oriented strategies, confirmed Lauren Bellmare, a Morgan Stanley spokeswoman, in an email.
Ms. Markle will replace
John Wolak, managing director, head of the AIP private markets unit and co-head of the unit's private equity secondaries team.
Ms. Bellmare said in her email that Mr. Wolak has been planning "a gradual transition of business leadership. Stepping down from day-to-day managerial responsibilities is the first step in the transition."