Morgan Stanley Infrastructure Partners has raised $5.5 billion for its third fund. The limited partners of North Haven Infrastructure Partners III include public and private pension funds, sovereign wealth funds and insurance companies.
NEW YORK–(BUSINESS WIRE)–Morgan Stanley Infrastructure Partners, the private infrastructure investment team within Morgan Stanley Investment Management, today announced that it has raised $5.5 billion for North Haven Infrastructure Partners III, six months after the fund’s first close on June 19, 2019. North Haven Infrastructure Partners III includes some of the world’s largest and most sophisticated institutional infrastructure investors, including public and private pension funds, sovereign wealth funds and insurance companies.
“We are grateful for the trust and support from both our long-standing partners as well as new investors,” said Markus Hottenrott, Chief Investment Officer for Morgan Stanley Infrastructure Partners. “We are confident that our active approach to value creation, together with the reach of the Morgan Stanley platform, will continue to deliver results for our clients.”
A global platform, Morgan Stanley Infrastructure Partners invests in private infrastructure assets and companies with the potential to be transformed into core infrastructure assets. Consistent with its predecessor funds, North Haven Infrastructure Partners III will pursue opportunities that can benefit from operational efficiency improvements and value creation initiatives. The team’s focus sectors include Transportation, Power Generation (including Renewable Generation), Natural Gas Infrastructure and Digital Infrastructure. The team has already announced two investments for the fund: PNE AG, a German onshore wind power company, and Fiber of Portugal, the largest fiber network in Portugal.
“Private alternatives continue to be an area of focus for Morgan Stanley Investment Management and our clients, and we are pleased that Morgan Stanley Infrastructure Partners’ differentiated approach has resonated strongly with investors,” said Dan Simkowitz, Head of Morgan Stanley Investment Management.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners is a leading global infrastructure investment platform. The team has a proven and disciplined approach to investing in infrastructure assets globally and seeks to create value through active asset management and by implementing operational improvements.
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 699 investment professionals around the world and $507 billion in assets under management or supervision as of September 30, 2019. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.