Joseph D. Stecher joined Morgan Stanley Alternative Investment Partners as managing director and CIO of its real estate fund-of-funds group, said spokeswoman Erica Platt. Its a new position. Mr. Stecher will help build a real estate fund-of-funds business, working with Paul Vosper, chief operating officer of the real estate fund-of-funds business. Mr. Stecher was managing director at Goldman Sachs. Andrea Raphael, Goldman Sachs spokeswoman could not be reached by press time for information about Mr. Stechers replacement.