Morgan Stanley Asset Management Raises $1.2 Billion for Late-Stage Growth Investing

Discover how Morgan Stanley's asset management arm successfully closed growth and credit funds, raising nearly $1.2 billion to support private companies in their late-stage growth.

Morgan Stanley raises nearly $1.2 billion for late-stage growth investing, showcasing the bank's commitment to supporting private companies in their growth journey. Learn more about how the asset management arm closed growth and credit funds to back these companies.

Morgan Stanley Investment Management (“MSIM”) has recently announced the successful closure of approximately $1.2 billion in total equity capital commitments for North Haven Expansion Equity IX and North Haven Expansion Credit II. These funds will be utilized to support later-stage growth equity and credit investments in various high-growth sectors, including technology, healthcare, consumer, and digital media. Managed by Morgan Stanley Expansion Capital (“Expansion Capital”), the funds surpassed the initial target raise of $850 million by over 40%. As part of MSIM’s $230 billion alternative investments business, Expansion Capital focuses on investing in later-stage private companies with established products and services that are seeking capital to scale revenue and expand business operations. With a track record of over three decades, Expansion Capital has successfully pursued growth investment opportunities and has completed investments in over 200 companies, leveraging the global brand and network of Morgan Stanley.

The successful closure of the funds for North Haven Expansion Equity IX and North Haven Expansion Credit II reflects the strong investor confidence in Expansion Capital's ability to identify and capitalize on growth investment opportunities in various high-growth sectors. This achievement further solidifies Morgan Stanley's position as a leading player in the alternative investments market.