Lazard (NYSE: LAZ) has hired former Morgan Stanley (NYSE: MS) dealmaker Michele Colocci to spearhead its European healthcare expansion.
Colocci will join the U.S. bank on June 3 as a vice chairman of investment banking and managing director in London, Bloomberg News reported. Colocci was previously chairman of M&A at Morgan Stanley, where he also served as global co-head of healthcare investment banking. Colocci began his career as a management consultant at Bain & Co. He quit Morgan Stanley in 2017 to join JPMorgan (NYSE: JPM) as co-head of industry coverage in Europe, the Middle East and Africa, as well as global co-head of healthcare investment banking. In 2019, he re-joined Morgan Stanley, where he was M&A chair until he retired last year.