Our Team

Ken Mackay, Chief Executive

Mr. Mackay has been in the investment banking business for over 36 years. As Chief Executive of MS Global Finance, LLC, he is responsible for the coordination of the overall activities of the firm and is the registered principal.

Prior to the creation of MS Global Finance, LLC, Mr. Mackay founded Emerging Markets Securities, LLC ("EMS") in 1996. EMS created the world's first securitized trade paper fund in 1999. This was a 3 year $82 million closed-end fund placed in the U.S. institutional market by Donaldson, Lufkin & Jenrette. A second 3 year closed-end fund of $97.75 million was placed in November 2000 with ING Barings acting as the placement agent.

Prior to running EMS, Mr. Mackay spent most of his professional career working with major international banks, holding senior positions. He came to New York with Banque Indosuez to work with their structured and project finance division. Prior to that, he worked at HSBC Bank in Australia where he was responsible for the management of their total lending portfolio. Mr. Mackay also spent 10 years working for Macquarie Bank and its predecessor company Hill Samuel & Co. Limited, both in Australia and London. He completed postgraduate studies in Finance at the Australian National University. Mr. Mackay holds the following FINRA Registrations: Series 24 (General Securities Principal), Series 7 (General Securities Registered Representative), Series 63 (Uniform Securities Agent-NY), Series 79 (Investment Banking Representative) and Series 99 (Operations Professional).

William R. Leute III, Executive Director                    

Mr. Leute has 30-plus years of experience in international finance and banking, leading global structured finance teams on five continents, principally in emerging markets in the areas of project finance, asset-based lending, supply chain finance, insured portfolio lending, asset distribution, and many central government guarantee programs with Midland Bank/HSBC and Standard Chartered Bank. He had served during the same time as a senior officer in various of the banks' Management Committees including, among others, Credit & Risk Policy and Asset/Liability Management.

Mr. Leute began his career in the European Division of the Institutional and Corporate Banking Group of Irving Trust Company, becoming Regional Director for Europe, based in Paris.  He holds a BA degree in Finance from Lehigh University and an MBA in International Finance and Business from Columbia University.

Partners and Agents

Critical to the firm's success is our global network of partners, agents and affiliations in emerging markets as well as in OECD countries. We work closely at the outset of transaction identification with all of the parties involved in an infrastructure, trade or general corporate financing project: product developers; industrial/service providers; independent contractors; government ministries, agencies or corporations. Together, we create an appropriate financing structure to suit the needs of both the investor and the obligor.