Daniel Tay
Managing Director, Global Capital Markets, Morgan Stanley
Daniel Tay is Managing Director, Global Capital Markets, Technology based in Menlo Park, CA. Daniel
joined Morgan Stanley Singapore in 2011 where he spearheaded deal execution in various industries in
Southeast Asia before his move to Hong Kong in 2014 to cover technology companies in the broader
Asia Pacific region.
As an Associate, he transferred to the Menlo Park-based Technology Equity Capital Markets team in
2016. He was named Vice President in 2018, Executive Director in 2021 and Managing Director in 2025.
Along the way, Daniel worked on over 60 technology public listings, with notable innovations to the
bookbuilding application and go-public alternatives.
This includes Spotify’s direct listing which was the first of its kind for a large cap technology company and
the hybrid auction to enhance price discovery for tech IPOs. Additionally, Daniel’s capital raising expertise
also spans various private placements, follow-on financings and block transactions.
Daniel graduated with a BA and Masters in Chemical Engineering from Christ’s College, University of
Cambridge, England. He resides in San Francisco with his wife, Ivan and new son, Henry.
