Monday, 27 April 2015
Last updated 1 min ago
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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…