Morgan Stanley Nets $1.3 Billion For Fund Of Private Equity Funds

Apr 12 2012 | 11:08am ET

Morgan Stanley has closed its latest fund of private equity funds with $1.3 billion in commitments.

Fundraising for the Morgan Stanley Private Markets Fund V exceeded its $1.25 billion target, leading Morgan Stanley Alternative Investment Partners chief Jacques Chappuis to say, "We are very gratified by the success of our business-development efforts in this challenging fundraising environment."

Private Markets V will invest in global private equity managers, including buyout specialists, venture capital firms and special situations strategies.

Investors committed $720 million to the fund itself, and another $580 million to related accounts.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of