Hedge Fund Portfolio Manager, Outsourced Chief Investment Office; OCIO; Vice President

Position Overview:

Morgan Stanley is a leading global financial services firm providing investment banking, securities, investment management, and wealth management services to a broad client base, including corporations, governments, institutions, families, and individuals. The Firm’s employees serve clients worldwide in 42 countries. As a market leader, the talent and passion of our people are critical to our success. Together, we share a common set of values rooted in integrity, excellence, and a strong team ethic.

Morgan Stanley provides a superior foundation for building a professional career — a place for people to learn, achieve, and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.

Morgan Stanley Outsourced Chief Investment Office, or OCIO, and Morgan Stanley Family Office, or MSFO, partner with Morgan Stanley Financial Advisors across all channels to deliver portfolio management solutions to clients of Morgan Stanley Wealth Management.

The Institutional Portfolio Solutions, or IPS, team is uniquely situated between two fast-growing and strategically important client channels within Morgan Stanley Wealth Management: OCIO and MSFO. These programs partner with Financial Advisors to offer discretionary and non‑discretionary portfolio management services to institutional and private clients, including defined benefit plans, endowments, foundations, ultra‑high‑net‑worth families, family offices, and other sophisticated investors.

The IPS team provides customized portfolio solutions across alternative and liquid investments and is responsible for making recommendations on portfolio construction, asset allocation, and manager selection across a broad spectrum of asset classes.

This Vice President role will focus primarily on
hedge funds and liquid alternative investments
. The successful candidate must have significant experience in
both
:

Sourcing, evaluating, and conducting due diligence on hedge fund managers across multiple strategies; and Constructing customized hedge fund portfolios for institutional, family office, ultra‑high‑net‑worth, or other sophisticated client portfolios.

The role requires the ability to identify compelling hedge fund opportunities, evaluate managers through an institutional-quality due diligence process, and translate those views into client‑specific portfolio recommendations across strategy allocation, manager selection, sizing, liquidity profile, risk management, and implementation sequencing. This role will be client‑facing and require the ability to professionally and succinctly discuss our philosophy and process, market views, portfolio updates and proposals.

Candidates with experience only in manager research or only in asset allocation / portfolio construction are unlikely to be a fit for this role. The portfolio manager / hedge fund allocator component is critical to success.

• Serve as a subject matter expert and portfolio manager for hedge funds and liquid alternative investments within OCIO and MSFO client portfolios.

• Source, evaluate, and conduct due diligence on hedge fund managers across strategies, including equity long/short, event‑driven, credit, relative value, global macro, multi‑strategy, systematic, merger arbitrage, convertible arbitrage, volatility, opportunistic, and other liquid alternative strategies.

• Maintain and expand a relevant network across the hedge fund ecosystem, including investment managers, allocators, consultants, prime brokerage contacts, capital introduction teams, and other market participants.

• Build customized hedge fund portfolios for institutional, family office, ultra‑high‑net‑worth, and other sophisticated clients, including recommendations on strategy allocation, manager selection, position sizing, liquidity profile, implementation sequencing, and portfolio‑level risk management.

• Evaluate hedge fund portfolios in the context of total client asset allocation, including public markets, private markets, liquidity needs, concentration risks, client‑specific constraints, and existing portfolio exposures.

• Partner with OCIO and MSFO…