Tuesday, 22 July 2014
Last updated 34 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…