Thoma Bravo hires partners from Morgan Stanley IM for private credit platform

Software investment firm Thoma Bravo has hired two partners from Morgan Stanley Investment Management (IM) to its private credit platform.

Jeff Levin and Kunal Soni have joined the Thoma Bravo Credit platform, with Levin being named head of the platform.

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Thoma Bravo Credit has invested over $25bn (£18.8bn) across more than 100 transactions since its inception in 2017. It closed the Thoma Bravo Credit Fund III earlier this year.

The company said Levin and Soni bring decades of experience leading and scaling private credit platforms, and in their new roles, will help drive the next phase of Thoma Bravo Credit’s growth.

Levin was a founding member of Morgan Stanley IM’s private credit business and was most recently co-head of its North America private credit platform.

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Soni was most recently the head of the Western region and technology lending for Morgan Stanley IM’s private credit business.

“Private credit continues to play an increasingly important role in supporting growing businesses and meeting investor demand for income and diversification,” said Orlando Bravo, managing partner at Thoma Bravo.

“These appointments reflect our commitment to building a leading, scaled private credit platform positioned to capture attractive opportunities across market cycles.”

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