Andrew Garvey, head of capital markets banking at Cain Brothers, has departed the boutique firm after nearly three years, the investment bank confirmed Tuesday.

Garvey, who joined Cain in February 2008, declined to offer additional comment or say if he was assuming a new role. He previously spent eight and a half years as a managing director at Morgan Stanley, where he initially led its derivatives group. Garvey also headed Morgan Stanley’s tax-exempt unit until financial turmoil upended the market.

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