Morgan Stanley Snags $125M For Impact Investing Fund

Law360, New York (May 18, 2017, 1:26 PM EDT) -- The private investment division of Morgan Stanley has collected more than $125 million for its debut global impact fund, which will invest in private equity funds that focus not only on generating a profit but on making positive environmental and social impacts.

The fund, PMF Integro Fund I, was launched by Morgan Stanley Investment Management in partnership with the Morgan Stanley Institute for Sustainable Investing, according to a Wednesday statement. The fund is managed by AIP Private Markets, the private markets solutions team within Morgan Stanley...
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