Metalmark Capital, the private equity firm spun off from Morgan Stanley three years ago, has recruited a veteran healthcare investment banker from its former parent.

Fazle Husain will join the firm as a managing director. He was with Morgan Stanley for 18 years and managed a portfolio that included over 40 healthcare companies.

Paula Schaap in New York

Morgan Stanley

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Find out who is on the move in the City and beyond this week

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The London-based bank said it is cooperating with the investigation.

Barclays Faces Probe From U.K. Regulator Over Money-Laundering Controls

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By Matthew Luxmoore | Photographs by Serhii Korovayny for WSJ 

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Tariff fears have roiled gold markets, pushing JPMorgan and others to stash bullion on passenger planes to sell at record prices.

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Metalmark hires new healthcare MD

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