Morgan Stanley has raised $4 billion for a new infrastructure private equity fund.
Morgan Stanley announced today that it has successfully closed Morgan Stanley Infrastructure Partners (“MSIP” or “the Fund”) with $4.0 billion of equity commitments, exceeding the Firm's initial target of $2.5 billion. James Gorman, Co-President of Morgan Stanley, commented, “The successful fund-raising underscores the particular demand for infrastructure investment, and broadly, for alternative assets that generate long-term stable cashflows.”
The Fund raised its capital globally in North America, Europe,
“To date, we have investments that exceed $1 billion in enterprise value that have achieved higher than expected returns,” said Sadek Wahba, Chief Investment Officer and Global Head of Morgan Stanley Infrastructure. “The current challenging market conditions are creating unique opportunities in the infrastructure sector, and we are benefiting from our global footprint that is generating a strong investment pipeline across the
Morgan Stanley Infrastructure's investment team is located in
Morgan Stanley Infrastructure Partners is managed by Morgan Stanley Infrastructure, a global investment platform that focuses on long-term investments associated with providing essential public goods and services to societies across the globe. With offices in North America, Europe and
Morgan Stanley (NYSE:MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 33 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.