Morgan Stanley's loss is Carlyle's gain

Anand Balasubhramanyan leaves banking to focus on investments for Carlyle in Southeast Asia.

Private equity firm The Carlyle Group has hired Anand Balasubrahmanyan from Morgan Stanley as director for investments in Southeast Asia.

Balasubrahmanyan will be based in Singapore and will establish a Carlyle investments practice there.

Balasubrahmanyan is a career investment banker and has spent 12 years in the industry. He was most recently executive director and head of global capital markets for Southeast Asia at Morgan Stanley. The hire reflects CarlyleƆs optimism on investment opportunities in the region.

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