Morgan Stanley PE Arm Raises $275M For North Haven Fund

Law360, New York (October 12, 2017, 2:08 PM EDT) -- The growth-focused private equity platform of Morgan Stanley Investment Management on Wednesday said that it has closed on more than $275 million in committed capital for North Haven Expansion Credit LP and its affiliated funds, the latest in a yearslong trend of related fundraising.

The commitments exceeded Expansion Credit’s fundraising target, Morgan Stanley Expansion Capital — part of Morgan Stanley Investment Management — said in its announcement. Expansion Credit, which focuses its investments on late-stage companies with successful business models, will additionally leverage the private equity...
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