The Markets Ledger

Meet Laurence Morse, the economist who built a $10.8 billion private equity empire from scratch

In the rarefied world of institutional private equity, where trillion-dollar pension funds park capital with only the most trusted gatekeepers, Dr. Laurence C. Morse has spent 30 years building something that almost did not exist when he started: a Black-owned investment management firm that commands billions. Morse, 74, is the co-founder and managing partner of Fairview […]