Saturday, 22 November 2014
Last updated 1 day ago
Apr 21 2009 | 12:17pm ET
Morgan Stanley Alternative Investment Partners has raised $1.14 billion in commitments for Morgan Stanley Private Markets Fund IV, a private equity fund of funds.
MSAIP Fund IV incorporates three main strategies: buyouts, primarily in North America and Western Europe, global venture capital and special situations. AIP's investment strategy emphasizes less efficient market segments and targets managers with differentiated skill sets in the U.S., Western Europe and emerging private-equity markets.
“We search broadly for opportunities that are highly differentiated relative to their peer set,” said Tom Dorr, chief investment officer. “Overall, these opportunities must fit within a diversified portfolio framework while capitalizing on current market dislocations. In today's environment, distressed - including secondary purchases - and asset-backed strategies are especially attractive.”
MSAIP, the fund of funds division of Morgan Stanley Investment Management, manages portfolios of hedge funds, private equity funds and real estate funds for some of the world's largest institutions and high net worth individuals.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...