Thoma Bravo, a US-based software-focused investor, has appointed Morgan Stanley managing directors Jeff Levin and Kunal Soni, who worked in its private credit business. 

Thoma Bravo invests in growth-oriented companies operating in the software and technology sectors through its private equity, growth equity and credit strategies.

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The new appointments were first reported by Bloomberg, which cited people with knowledge of the matter.

Levin served as head of direct lending at Morgan Stanley, and had been the co-head of Morgan Stanley’s North America private credit platform.

According to his LinkedIn, Levin served as president of The Carlyle Group’s Business Development Companies (BDCs) between June 2012 and February 2019, after which he rejoined Morgan Stanley, having worked at the firm from 2004 to 2012.

Soni was head of the Western region and direct lending technology within private credit at Morgan Stanley.

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Thoma Bravo has been contacted for comment. Morgan Stanley declined to comment.

In January this year, the firm closed fundraising for its Thoma Bravo Credit Fund III at $3.6bn (£2.7bn) in total available capital, making it the firm’s largest credit pool of capital to date.

The Credit Fund III had invested more than $1bn across 20 investments, at time of reporting on 21 January.

Thoma Bravo’s credit platform focuses on the senior secured debt of established, mission-critical enterprise software companies, according to the company’s website.

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