Thomas Cahill is a Managing Director and Founder of Morgan Stanley’s Tactical Value Fund (“TacVal”). Launched in 2017, Tactical Value is a $1.4 billion private equity fund tasked with investing in opportunistic, credit and non-control minority equity positions across all asset classes. It is located within Morgan Stanley’s Investment Management Division.
Prior to Tactical Value, Tom spent 26 years in Morgan Stanley’s Investment Banking and Capital Markets Divisions, and his last position was as the Global Head of the Asset Finance Group, which consists of all credit based structured finance products within the Global Capital Markets platform. Previously, Tom was the head of the Debt Products Group of GCM, and had responsibility for Aircraft Finance, Equipment Finance, Liability Management, Structured Corporates and Private Placements. During his career Tom has focused on the area of Equipment Finance and is a recognized leader in the development, structuring, and execution of secured debt transactions involving aircraft, locomotives, rolling stock, ships, power generation facilities, cell towers, and real estate. Tom was a founding member of Morgan Stanley’s Aircraft Finance effort and the inventor of Enhanced Equipment Trust Certificates (EETCs). He was also the creator of PhaRMA, a product designed to monetize drug royalty streams, as well as the designer of the current industry standard platform of cell tower securitizations.
Tom graduated from Lehigh University in 1985 with a BS in engineering physics, with a BA in mathematics in 1986, and was elected to Phi Beta Kappa and Tau Beta Pi. In 1990, Tom received an MBA from the Institut Européen d’Administration des Affaires (INSEAD).
He is a member of the Advisory Council of the Morgan Stanley Children’s Hospital. Tom joined Morgan Stanley in 1990, and currently resides in Westchester with his wife Ann and their two children.