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M.Stanley names Perez-Hernandez European tech head

LONDON | Tue Nov 16, 2010 12:47pm EST

LONDON Nov 16 (Reuters) - Morgan Stanley named Enrique Perez-Hernandez, a Madrid-based managing director, as its top European technology banker after his predecessor left for Silver Lake, the $14 billion private equity firm that invests in Skype.

A Morgan Stanley (MS.N) spokesman said Perez-Hernandez's appointment was effective immediately and he had transferred to London.

He joined the bank in 1996 in London and has spent the last eight years in its Madrid office, where he has advised on takeovers, share and convertible bond issues, and acquisition financing.

Perez-Hernandez worked on the 2005 leveraged buyout (LBO) of Amadeus IT Holding SA (AMA.MC) by Cinven [CINV.UL] and BC Partners [BCPRT.UL]. He then helped the Spanish travel reservations firm re-list this year.

Earlier on Tuesday Silver Lake [SILAK.UL], the technology specialist that has invested in Seagate Technology (STX.O) and SunGard Data Systems Inc [BAINSD.UL], named Christian Lucas as co-head of its business in Europe, the Middle East and Africa (EMEA).

He will work alongside Joe Osnoss, who is relocating from Silver Lake's New York office. The duo will source, arrange and manage investments in Europe, and lead a 16-strong London team.

Morgan Stanley ranks no. 1 for mergers and acquisitions (M&A) targeting European technology firms this year, by both volume and value, according to Thomson Reuters data. It lags Goldman Sachs for worldwide tech M&A by overall dollar value. (Reporting by Quentin Webb; Editing by Will Waterman)

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