David is the Head of Private Credit and Equity and a member of the management committee at Morgan Stanley Investment Management. He joined Morgan Stanley in 2016 and has over 19 years of investing experience. Prior to joining Morgan Stanley, David was the Chief Executive Officer of Silver Bay Realty Trust Corp., a publicly traded real estate investment trust he co-founded in 2011 to capitalize on the significant dislocation in the residential housing market. Prior to Silver Bay, Mr. Miller was a Managing Director at Pine River Capital Management and Two Harbors Investment Corp. where he focused on investment strategy and new business development.
During the global financial crisis (2008 - 2011), Mr. Miller served in various roles at the U.S. Department of Treasury, including as the Chief Investment Officer of the Troubled Asset Relief Program (TARP) where he created complex crisis response investment programs and managed the $700 billion portfolio. Prior to Treasury, Mr. Miller held various investment roles, including as a portfolio manager at HBK Investments and in the Special Situations Group at Goldman Sachs & Co., where he focused on opportunistic investments in public and private debt and equity.
Mr. Miller received an MBA from Harvard Business School and a B.A. in Economics from Dartmouth College.