Morgan Stanley Expansion Capital, a NYC-based private investment platform within Morgan Stanley Investment Management, raised about $400 million for North Haven Expansion Equity LP and its related funds.
Led by Pete Chung, Head of the Morgan Stanley Expansion Capital Platform, Expansion Equity will focus on identifying later-stage private companies in technology and other high growth sectors, including consumer, healthcare and media, and will build on the success of the seven prior Morgan Stanley private growth equity funds.
The fund leverages access to the combined networks of Morgan Stanley, the Expansion Capital Team and Limited Partners of the Fund to originate investments, conduct due diligence and maximize value.
The team seeks to focus on proprietary growth capital investments, such as first institutional, growth carve-out, founder liquidity and select secondary and follow-on investment opportunities.
Investments are primarily located in North America and Western Europe.
FinSMEs
07/11/2018