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RICHARD L. KAUFFMAN JOINS MORGAN STANLEY AS MANAGING DIRECTOR

 NEW YORK, May 19 /PRNewswire/ -- Morgan Stanley Group Inc. (NYSE: MS) announced today that Richard L. Kauffman has joined its Investment Banking Division as a managing director. He will be a senior member of the Equity Capital Markets effort, head of product management and a member of the Equity Commitment and Strategy Committees.
 Mr. Kauffman, 38, was most recently a managing director at First Boston Corporation, and was head of its Equity Capital Markets Group and chairman of its Equity Valuation and Pricing Committee. He played a leading role in successful offerings for Chrysler and Tenneco. Since 1990, he was a member of First Boston's Equity Operating Committee.
 Mr. Kauffman holds an MPPM and a master's of arts degree from Yale and a bachelor of arts degree in history from Stanford University.
 Morgan Stanley Group Inc. is a global financial services firm with offices in New York, London, Tokyo and other principal financial centers around the world.
 -0- 5/19/93
 /CONTACT: Jeanne Donovan Andrews, 212-703-4058, for Morgan Stanley/
 (MS)


CO: Morgan Stanley Group Inc. ST: New York IN: FIN SU: PER

CK -- NY074 -- 0366 05/19/93 14:36 EDT
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Publication:PR Newswire
Date:May 19, 1993
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