Morgan Stanley Investment Management raised more than $125m for its maiden global impact fund.
Launched in partnership with the Morgan Stanley Institute for Sustainable Investing, PMF Integro Fund I invests in private equity funds that offer the potential for compelling financial return while demonstrating positive environmental impact, social impact or both.
The fund is managed by AIP Private Markets, the private markets solutions team within Morgan Stanley Investment Management.
Led by Audrey Choi, CEO, the Morgan Stanley Institute for Sustainable Investing is dedicated to accelerating the adoption of sustainable investing. The Institute partners across the firm to pioneer scalable sustainable finance solutions, build new sustainable investing tools and generate insights that inform and empower investors.