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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...