Morgan Stanley's Peter Bowden has been pegged to run Jefferies Group Inc.’s midstream investment-banking unit. Bowden, who previously ran Stanley’s midstream investment banking, will be a managing director based in Houston.

Jefferies has been expanding its energy investment-banking business, adding a Toronto office and hiring Credit Suisse Group AG banker Steven Latimer as its head.

Jefferies’ biggest advisory assignments this year include Cordillera Energy Partners III LLC's $2.85 billion sale to Apache Corp. and Williams Partners LP's $2.5 billion purchase of Caiman Eastern Midstream LLC.