News and Insights

Vishal Khanduja joined CNBC Squawk Box Asia to discuss his view that the U.S economy is on track for a soft landing and how that impacts his fixed-income strategy.

The MSIM Hedge Fund Team explores the ways in which hedge funds may directly benefit from a higher cash yield environment making them compelling options as sources of returns and diversification.

Direct lending continues to offer compelling relative value compared to other asset classes and offers attractive diversification alternative to public fixed income. Further, when considered in the context of public markets, direct lending has significant room to grow.

Craig Brandon, Co-Head of Municipals at Morgan Stanley Investment Management, joins CNBC The Exchange to discuss how rate cuts will affect municipal bonds, how the election and tax rates could impact municipals, and more.

Within the private alternatives universe, private equity is one of the most rapidly growing asset classes. With a range of strategies, private equity investing offers distictive qualitative characteristics that differentiate the asset class.

Calvert Research and Management announces Morgan Stanley Investment Management Inc.’s contribution to America Needs You, an organization focused on driving economic mobility for first-generation college students.

In recent years, multi-manager platforms (Multi-PMs) have completely transformed the hedge fund world. In this FAQ, we answer fundamental questions about these Multi-PMs. What are they and why are they attracting so many investors?

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, has acquired American Restoration, which provides residential and commercial property mitigation and restoration services. MSCP is partnering with the current management team led by CEO Dan Tarantin, who will continue to lead the business.

Octagos Health, an industry-leading provider of AI-driven cardiac device monitoring solutions, today announced a successful equity raise of over $43 million in investment capital. The Series B investment round was led by funds managed by Morgan Stanley Expansion Capital, with continued participation from Mucker Capital and other strategic investors.

Cloudian, the leader in secure S3-compatible AI data lake platforms, announced today that it has closed $23 million in growth financing from Morgan Stanley Expansion Capital. Cloudian will use the proceeds to drive product innovation and sales and marketing initiatives to meet the rapidly growing demand for the firm’s AI data lake software.

Investment funds managed by Morgan Stanley Energy Partners, announced today the closing of the sale of Durango Permian LLC (“Durango Permian” or the “Company”) to a subsidiary of Kinetik Holdings Inc. (“Kinetik”; NYSE: KNTK).

Clip, Mexico's leading digital payments and commerce enablement platform, today announced that it has secured an investment round of US$100 million from investment funds managed by Morgan Stanley Tactical Value (“MSTV”) and from one of the largest, most experienced West-Coast mutual fund managers. The investment values Clip in line with the Series D round completed in 2021.

Our Emerging Markets Equity annual stewardship report illustrates our proactive engagement with portfolio companies to navigate operating landscapes and assist them in their growth. Discover how we initiate progress in the global energy transition, tackle regulatory challenges and encourage greater corporate transparency and disclosures, especially with regards to executive compensation issues.

Mad Mobile, a pioneering force in restaurant and retail SaaS and payment solutions, is pleased to announce the closure of a $50 million financing agreement. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically utilized to amplify the expansion of its SaaS and payment technologies, refinance existing debts, and propel sales growth.

David Miller, Morgan Stanley Investment Management's Head of Global Private Credit & Equity, speaks on "Markets Today" from SuperReturn International. David speaks to some of the concern around the rapid growth of private market investments and explains why it's important to look upon that growth in the context of overall public market caps.

Morgan Stanley Investment Management (“MSIM”), through investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”), a private infrastructure investment platform within MSIM, today announced it has agreed to acquire a 49% stake in Onslow Iron Road Trust (“Road Trust”) in partnership with Mineral Resources Limited (“Mineral Resources”), which will continue to own a 51% stake.

Rohanjit Chaudhry, Executive Director of Morgan Stanley Capital Partners, joined BDO Private Equity PErspectives podcast to discuss how private equity continues to approach economic challenges, like the current high cost of capital, through a lens of cautious optimism

Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, appears on Bloomberg Surveillance to discuss her outlook on commercial real estate and sectors where she sees potential opportunity.

Cover Whale Insurance Solutions, Inc., a leading insurtech specializing in connected insurance for commercial auto, today announced funding of $27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital. The funding round, which also had existing debt investors convert into the Series A preferred, will support Cover Whale’s continued growth and accelerate its progress toward transforming trucking insurance and improving safety on America’s roads.

Lauren Hochfelder on Yahoo Finance: Morgan Stanley's Top Real Estate Investing 'Megatrends'

Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), announced today the sale of a portfolio of four fully leased industrial properties, two located in El Paso and two in Laredo, Texas, for $178 million to two distinct institutional investors. The warehouses, which total more than 1.2 million square feet, are located within 10 miles of the United States’ border with Mexico, which is experiencing a sharp increase in manufacturing.

In this piece originally published by in Private Debt Investor, David Miller, Morgan Stanley's global head of private credit and equity discusses his background working for the Troubled Asset Relief Program, and the future ahead for Morgan Stanley Investment Management's private credit platform.

Morgan Stanley Private Credit (“MSPC”) announced today that several of its investment funds have led a growth capital investment into Guardian Dentistry Partners (“GDP” or “Guardian”). Prudential Private Capital also participated in the transaction.

Amid today’s environment and ongoing growth in GP-led deals, rolling carry and putting additional capital at risk are no longer enough to guarantee alignment, says Morgan Stanley Investment Management’s Nash Waterman.

Lauren Hochfelder discusses real estate opportunities and supply chain on CNBC's The Exchange.

Buyers Edge Platform (the “Company”), a leader in digital procurement solutions for the foodservice industry, today announced a $425M preferred equity investment from a consortium led by General Atlantic Credit’s (“GA Credit”) Atlantic Park fund, alongside funds managed by Blackstone Tactical Opportunities (“Blackstone”) and investment funds managed by Morgan Stanley Tactical Value (“MS Tactical Value”).

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability. Under the terms of the agreement, MSCP acquired a controlling interest in the Company from BV Investment Partners and certain other shareholders.

Morgan Stanley Investment Management (“MSIM”), through investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”), a private infrastructure investment platform within MSIM, today announced it has provided an unsecured term loan to The Pasha Group (“Pasha” or the “Company”), a family-owned maritime transportation company, to support continued infrastructure investment in the Hawaii trade.

The Eaton Vance Equity Global Team seeks to illustrate the merits of a "sustainable" equity investing approach.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”) today announced the sale of World 50 Parent LLC and its related subsidiary companies (“World 50” or the “Company”) to a single asset GP-led continuation fund investment vehicle managed by an affiliate of MSCP.

Morgan Stanley Private Credit (“MSPC”) announced today that it has led a $220 million recapitalization for Grass Valley, a leading media technology company that provides end-to-end solutions for the live media and entertainment industry.

The Fixed Income team actively engages with Green Bond market players to promote robust sustainable financing frameworks that help effectively catalyze capital towards environmentally and socially impactful projects, transparent disclosures, and reporting.

Fetch, America's Rewards App, has secured $50 million in debt financing from investment funds managed by Morgan Stanley Private Credit. This infusion of capital will prime Fetch for another year of aggressive growth as the now-profitable company accelerates its journey to become the world’s first rewards-for-everything platform.

Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, appears on Investment Wars to discuss major disruptions and trends in the commercial real estate market.

In periods of volatility, investors may be looking for an alternative investment which may not only provide potential mitigation from the effects of market fluctuations, but also potentially capitalize on this increase in volatility.

Openprise, a leader in revenue operations (RevOps) data automation, announced today that it closed a $25 million Series B equity raise led by investment funds managed by Morgan Stanley Expansion Capital. With a strong balance sheet and impressive growth, Openprise is poised to continue helping high-performance RevOps teams in transforming their data into action, achieving operational agility at scale, and simplifying technology to drive efficient growth.

Morgan Stanley Investment Management’s Head of Emerging Markets Equity Amy Oldenburg was interviewed by Barron’s for their January cover story on investing in Saudi Arabia.

In the third paper of our gender diversity series, we discuss one of the top remaining global gender issues: the gap in the corporate “talent pipeline” – where gender and ethnic representation at the board and employee levels is much higher than at the executive and senior management levels.

PowerToFly, a diversity talent acquisition and engagement platform connecting underrepresented talent to great careers, today announced that the number of candidate profiles in its diversity recruiting software, PowerPro, has expanded to over 17 million.

Hedge fund co-investments have an important role to play in client portfolios, explains AIP Hedge Fund Solutions Team Managing Director Jarrod Quigley.

cPacket Networks Inc. is thrilled to announce the successful completion of a $67 million transaction, including a primary and secondary equity investment by funds managed by Morgan Stanley Expansion Capital and a debt refinancing by Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity").

In this primer, we provide a fundamental overview of managed futures investment strategies. What are managed futures and how are they differentiated from other strategies?

Sometimes overlooked, but a wildly important beneficiary of advancements in the adoption of artificial intelligence, is the data center real estate sector. In fact, Laurel calls now a “transformational moment” for data centers and reveals her top investment ideas for the space on CNBC’s "The Exchange."

In the increasingly crowded private equity sector, we believe that the middle market can be a differentiated source of alpha—especially for companies with founder involvement. But we believe that generating alpha in the middle market requires a manager with specialized capabilities, a rigorous due diligence approach, and a proven playbook for creating value in the sector. Such expertise becomes even more crucial when partnering with entrepreneurs and business founders.

Listen to Laurel Durkay, CFA, Morgan Stanley Investment Management Head of Global Listed Real Assets, discuss the compelling valuations that REITs currently offer on the Nareit REIT Report Podcast.

Europe’s leading provider of high-performance portable battery systems, Instagrid, today announces a Series C funding round of $95 million. The round was led by Teachers’ Venture Growth (TVG), part of the C$250bn Ontario Teachers' Pension Plan, with participation from Morgan Stanley Investment Management’s (MSIM) 1GT climate private equity strategy. Existing investors Energy Impact Partners, SET Ventures, blueworld.group, and Hightech Gründerfonds, as well as the chair of the advisory board, Pierre-Pascal Urbon, also contributed to the round.

SolMicroGrid, an Energy-as-a-Service microgrid company focused on commercial and industrial (“C&I”) end markets, announced today the appointment of Kirk Edelman as Chief Executive Officer, effective immediately. Kirk joins SolMicroGrid following recent senior executive roles at Safari Energy, a solar-focused renewables developer focused on C&I end markets, and Verdagy, a green hydrogen company. SolMicroGrid continues to be backed by Morgan Stanley Energy Partners, part of Morgan Stanley Investment Management.

Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, appears on Bloomberg Television to discuss 2024 themes and trends in commercial real estate.

The U.S. dollar has been the prominent global currency for more than 80 years, but its dominance is coming under pressure in the face of evolving geopolitical shifts and increasing twin deficits in the United States. Digital assets such as bitcoin, stablecoins in addition to the promise of Central Bank Digital Currencies (CBDCs), have potential to significantly alter the currency landscape. These innovations, while still in their nascent stages, hold opportunities to both erode and reinforce the dollar’s hegemony in global finance, Andrew Peel of Digital Asset Markets explains.

Vortexa, the leading real-time global analytics platform for energy and freight markets, is excited to announce the successful completion of its $34 million Series C funding round. Investment funds managed by Morgan Stanley Expansion Capital spearheaded the funding, with strong participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs and Communitas Capital.

In this article, originally published by PERE, Lauren Hochfelder, co-chief executive officer for Morgan Stanley Real Estate Investing, says logistics will remain a favorite asset class. But she predicts there will be less of a rising tide lifting all boats now.

In this article, originally published by Bloomberg, Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, discusses the search for real estate opportunities during commercial-property upheaval.

Watch Lauren Hochfelder on Bloomberg's "Wall Street Week" explain why she is so bullish on the commercial real estate sector heading into 2024.

Morgan Stanley Investment Management (“MSIM”) announced today that it has closed on approximately $1.2 billion of total equity capital commitments for North Haven Expansion Equity IX and North Haven Expansion Credit II to fund later-stage growth equity and credit investments in the technology, healthcare, consumer, digital media and other high-growth sectors. The funds, managed by Morgan Stanley Expansion Capital (“Expansion Capital”), exceeded the target total raise of $850 million by over 40%.

We are excited to announce that Morgan Stanley Investment Management has mobilized the +SUBSCRIBE® platform as part of the firm’s initiative to digitally transform, and further enhance the customer experience when onboarding investors, processing subscription documents, and reporting on their suite of alternative investment products.

Morgan Stanley Investment Management (MSIM) announced the final close of Morgan Stanley Next Level Fund, L.P. (“Next Level” or the “Fund”) at its target size $50 million of total capital commitments. Investors in the strategy include the inaugural corporate partners Hearst, Microsoft and Walmart as well as Altria, Ten Figures Ventures and Phalanx Impact Partners.

Morgan Stanley Investment Management (“MSIM”), through investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”), a private infrastructure investment platform within MSIM, announced it has entered into an exclusivity agreement to partner with Altice France S.A. (“Altice France”) to establish the first nationwide independent distributed colocation provider in France through the acquisition of a majority interest in UltraEdge, subject to regulatory approvals and other customary conditions.

Alliance Technical Group (Alliance), a global leader in environmental compliance services, is pleased to announce the successful acquisitions of four environmental laboratories across the United States. This marks the next milestone in Alliance's mission to provide comprehensive environmental solutions to its customer base.

What does global change mean for long-term investing and how should you respond? Get answers from an industry leader.

Persistence Capital Partners (“PCP”), a leading Canadian private equity fund exclusively focused on high-growth opportunities in the healthcare field, is pleased to announce the closing of its second investment vehicle, anchored by investment funds managed by Morgan Stanley Private Equity Secondaries, for MedSpa Partners Inc. (“MSP”), the leading acquirer and operator of top-tier medical aesthetics clinics in North America.

Today Flip AI launched with its observability intelligence platform, Flip, powered by a large language model (LLM) that predicts incidents and generates root cause analyses in seconds. Flip is trusted by well-known global enterprises, including a top media and entertainment company and some of the largest financial institutions in the world.

Morgan Stanley Investment Management (“MSIM”), through investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”), a private infrastructure investment platform within MSIM, announced today it has closed the acquisition of Valoriza Servicios Medioambientales S.A. (“Valoriza” or the “Company”) from Sacyr, S.A. (“Sacyr”).

Durango Midstream LLC (“Durango” or the “Company”), a portfolio company majority owned by funds managed by Morgan Stanley Energy Partners, has secured underwritten commitments from a syndicate of commercial banks led by Wells Fargo Bank, National Association in support of the Company’s ongoing construction of its Kings Landing Gas Gathering and Processing Development (“Kings Landing” or the “Project”)

Kobalt today announced a new partnership with investment funds managed by Morgan Stanley Tactical Value to invest more than $700 million to acquire music copyrights over the next few years. As part of the venture, Kobalt will manage the creative, synch, licensing, administration, and investment services for the copyrights.

This paper discusses how as corporate DEI performance improves, Calvert refines its methodology to recognize those gains and promote improvement, thus helping to identify leaders and improvers. It discusses the Calvert Diversity, Equity and Inclusion Index Series and the strategies derived from them, and notes that Calvert’s DEI indexes have each outperformed their broad market benchmark since inception as of September 2023.

Huel, the leading sustainable nutrition brand, is pleased to announce an investment by Morgan Stanley Investment Management’s (MSIM) 1GT climate private equity strategy which will see the two parties work in close collaboration.

Allstar Services announced today that its Board of Directors has appointed Adam Love as Chief Executive Officer. During his 20-year career, Adam has held multiple leadership roles in the residential and commercial services sectors, most recently as Chief Operating Officer at integrated facilities management solutions provider SMS Assist.

In this second paper of our 2023 gender diversity series, we examine changes in the makeup of the U.S. labor force and workforce that occurred partly because of the pandemic—in particular, the effects on women workers. We also explore these trends among other developed economies and offer perspectives on how companies can recruit and retain workers in this new era.

Korea Credit Data (“KCD”), the operator of the super-app “Cashnote” for SMBs (small-to-medium businesses), announced that it has secured an investment of KRW 100 billion (approximately USD 77 million) from investment funds managed by Morgan Stanley Tactical Value (“MSTV”), a private credit and equity investor based in New York.

Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and maritime, energy and logistics solutions leader Crowley announced today the creation of a new joint venture to advance offshore wind energy solutions for the United States.

INRIX, Inc., a leading provider of transportation analytics and connected car services, today announced the successful completion of a $70 million financing round from investment funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Tactical Value. The funding will be utilized to fuel the company's strategic growth initiatives, refinance debt, and further strengthen its position as a key player in the intelligent mobility industry.

California-based Urban Plates – a chef-driven fast casual restaurant brand with 17 locations – announced today that it has closed a $27 million financing deal from investment funds managed by Morgan Stanley Expansion Capital. Urban Plates will use the proceeds to fund restaurant expansion and to refinance current debt.

Signal Power Group (“Signal Power" or “SPG”) announced today an expansion of its partnership with Honeywell to broaden the reach of Honeywell’s storied turboshaft turbine engine technology. The latest turboshaft technology, developed as part of Honeywell’s T55-714C program, expands the partnership to now include the energy service market.

Appetite for opportunities in private debt investing has been on the rise. In this dialogue, members of Morgan Stanley Investment Management’s Private Credit leadership team, Jeff Levin and Mark Jochims, offer their perspective on the market.

Investment funds managed by Morgan Stanley Private Equity Secondaries and Clairvest Group (Clairvest) announced today the completion of a growth equity investment in Top Aces alongside Top Aces’ other shareholders, which includes global investment group CDPQ.

Morgan Stanley Investment Management (MSIM) announced today that it has held a first close for the 1GT climate private equity strategy (1GT) at $500 million of equity capital commitments – half of the strategy’s target – from European institutions, including several Nordic Pension Funds, a German Insurance Company, and a UK Local Authority Pension Scheme.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired Allstar Services (“Allstar” or the “Company”). MSCP is partnering with the current management team led by Chairman Pete Carlson, who will continue to lead the business.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired RowCal. MSCP is partnering with the current management team led by CEO Jake Christenson, who founded the business in 2018.

This conversation covers Head of Morgan Stanley Capital Partners (MSCP) Aaron Sack’s path to Morgan Stanley, his experience investing from a bank-affiliated PE platform, and his team’s investment principles and approach across sourcing, due diligence, deal making, and operational improvements. The discussion closes with notes on the current market dynamics, competitive positioning, and an example MSCP investment.

Leverage Morgan Stanley Investment Management’s experience and insight to demystify the private equity opportunity in Asia and opportunities for outperformance.

Morgan Stanley Investment Management (MSIM) announced today that the 1GT climate private equity strategy (1GT) co-led a $50 million Series B funding round for Everstream alongside existing investors StepStone Group and Columbia Capital.Everstream applies artificial intelligence to procurement, logistics and business continuity platforms to generate complete information, sharper analysis, and accurate predictions and enable businesses to achieve a more autonomous and sustainable supply chain.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have entered into an agreement to sell Ovation Fertility (“Ovation”) to US Fertility (“USF”). Financial terms of the transaction were not disclosed.

Our Portfolio Solutions Group analyzes the key factors that impacted the "denominator effect" in 2022's market downturn.

Our Portfolio Solutions Group introduces their proprietary Private Markets Asset Allocation Framework (PMAAF) designed to help investors think about how to allocate their dry powder.

Patrick Whitehead and Katie Lankalis with LLR Partners joined host Todd Kinney, National Relationship Director at BDO's private equity practice, to discuss value creation strategies and how to drive growth in a volatile market environment, how restrictive financing conditions could impact private equity returns and how the deal landscape could shape up in 2023.

Mesa West Capital (“Mesa West”), the private U.S. real estate credit arm of Morgan Stanley Investment Management, today announced it has raised ~$1.37 billion for Mesa West Real Estate Income Fund V, L.P. (“Fund V” or the “Fund”), exceeding Mesa West’s original $1.0 billion fundraising target for the Fund.

Morgan Stanley Investment Management (MSIM) announced today that it has held the final close of Ashbridge Transformational Secondaries Fund II (Ashbridge II) at $2.5 billion of total capital commitments. The amount represents nearly four times of that raised in the predecessor fund, Ashbridge Transformational Secondaries Fund I (Ashbridge I), which closed in 2018 at $675 million.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired Apex Companies (“Apex” or the “Company”), a leading provider of end-to-end environmental consulting and engineering solutions, from Sentinel Capital Partners (“Sentinel”).

In this piece, Vikram Raju, Head of Climate Investing for Morgan Stanley Private Credit and Equity, discusses key trends in carbon impact for 2023 and beyond. limited partners can access the attractive return profile offered by the space.

Netskope, a leader in Secure Access Service Edge (SASE), on the heels of its recognition as Cloud Security Services Vendor of the Year, its sixth straight ranking on the Forbes Cloud 100 list of top cloud companies, and its recognition as a Leader in the 2022 Gartner® Magic Quadrant™ for Security Service Edge (SSE), today announced an oversubscribed investment round of $401M.

CyberCube, the market leader in cyber risk analytics, today announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital, Hudson Structured Capital Management (Bermuda) Ltd., MTech Capital, and key investors from Stone Point Capital.

Alliance Technical Group, LLC (“Alliance”), backed by investment funds managed by Morgan Stanley Capital Partners (MSCP), completed its latest acquisition with the purchase of GBMc & Associates. This merger expands Alliance’s consulting capabilities and national resources.

Morgan Stanley Investment Management (MSIM) announced today that it has launched the 1GT growth-oriented private equity platform (1GT or the Platform) focused on investments in companies that will collectively avoid or remove one gigaton of CO2-equivalent (CO2e) emissions from the Earth’s atmosphere from the date of the Platform’s investment through 2050, the date by which the United Nations has mandated “Net Zero” must be achieved.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management, have completed an investment in Emler Swim School (Emler or the Company). MSCP is partnering with the current management team and investor group led by Emler Chief Executive Officer Greg Laird and President and Chief Financial Officer Jim Draudt, who will continue to lead the business.

According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say incorporating gender and racial diversity into investment decisions can be financially beneficial, more than half of asset owners broadly say they believe they must choose between financial gains and a diversity-based approach. This disparity suggests that many asset owners remain sceptical of the financial ROI of diversity, with the exception of public pension funds who are setting the standard for action, according to the survey data.

Morgan Stanley Private Markets Solutions (“Private Markets Solutions” or the “Team”), the multi-manager private markets platform within Morgan Stanley Investment Management, announced today the final close of Private Equity Co-Investment Fund II (“PECO II”). PECO II was oversubscribed, closing on $1.25 billion in total commitments and exceeding its fundraising target of $750 million.

Waud Capital Partners (“WCP”), a growth-oriented private equity firm, today announced the closing of a single-asset continuation fund in connection with the recapitalization of its portfolio company Ivy Rehab Physical Therapy (“Ivy” or the “Company”). The continuation fund, sponsored by WCP, has been supported by new and returning limited partners and is anchored by funds managed by Morgan Stanley Private Equity Secondaries Team, an investment team within Morgan Stanley Investment Management.

DataGuard, Europe’s leading data privacy, information security and compliance platform for small and mid-sized enterprises (SME) and corporates, has raised a €61 million Series B round led by San Francisco-based Morgan Stanley Expansion Capital and existing investor One Peak. Further investors in the round include strategic angel investors such as SaaS unicorn founders Bastian Nominacher (Celonis), Hanno Renner (Personio), and Carsten Thoma (Hybris), as well as Kreos Capital.

End-to-end diversity recruiting and retention platform PowerToFly has secured over $30 million in funding led by investment funds managed by Morgan Stanley Expansion Capital ("Expansion Capital"). Additional investors include the Morgan Stanley Next Level Fund ("Next Level Fund"), Chartline Ventures, and Grasshopper Bank (through debt financing).

OneTeam Partners, the leader in commercializing group licensing rights of professional and collegiate athletes, announced today that HPS Investment Partners (HPS), Atlantic Park Strategic Capital Fund (Atlantic Park) and Morgan Stanley Tactical Value (Morgan Stanley) are joining as investment partners. The syndicate replaces RedBird Capital Partners (RedBird) who founded OneTeam in 2019 alongside the NFL Players Association and MLB Players Association.

Dealpath—the real estate industry’s leading and most trusted, purpose-built Deal Management platform—today announced it has closed a $43M Series C funding round. This round was led by investment funds managed by Morgan Stanley Expansion Capital with participation from notable existing investors including Blackstone, 8VC, JLL, Nasdaq Ventures as well as GreenSoil PropTech Ventures.

Fairway Lawns, backed by investment funds managed by Morgan Stanley Capital Partners (MSCP), recently completed two acquisitions in the residential lawncare space, partnering with Luv-A-Lawn and Plant It Earth. Both companies are strong regional brands based in the Central Florida market and strategically expand Fairway Lawns’ Southeast footprint.

Swander Pace Capital, a leading private equity firm specializing in consumer product companies, announced the closing of a continuation fund transaction with Captek Softgel International, a leading Vitamin, Mineral & Supplement (“VMS”) soft gel manufacturer in North America. Morgan Stanley was the lead investor in the continuation fund and is joined by Rabo Investments, the investment arm of Rabobank, as well as Swander Pace reinvesting LPs and GPs.

Platform.sh, a unified, secure, enterprise-grade platform for building, running and scaling web applications, today announced it has raised $140 million in Series D funding. The round was led by Munich-based Digital+Partners, San Francisco-based Morgan Stanley Expansion Capital, and Paris-based Revaia, alongside existing investors BGV, Eurazeo, Hiinov, and Partech, all re-investing.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management, have completed an investment in Fairway Lawns (Fairway). MSCP is partnering with the current management team led by CEO Kyle DeMilt, who will continue to lead the business

Sila Heating & Air Conditioning’s Board of Directors announced today that Jason Rabbino will be joining the company as Chief Executive Officer effective immediately. During his 30-year career, Jason has held numerous leadership roles in the Industrial, Business and Consumer Services sectors, most recently as EVP and Chief Commercial Officer of Towne Park.

Conversica Inc., a leading provider of Conversational AI solutions for enterprise revenue teams, announces the successful completion of a $25 million financing with investment funds managed by Morgan Stanley Expansion Capital. Conversica will use the capital to support strategic business initiatives as it prepares for exponential growth.

Investment funds managed by Morgan Stanley Infrastructure Partners, a private infrastructure team within Morgan Stanley Investment Management, announced today that they have acquired StraitNZ Holdings Limited.

Gozio Health, an industry-leading location-aware mobile patient engagement platform, announced the closing of an investment from funds managed by Morgan Stanley Expansion Capital. The investment round will be used to accelerate Gozio's growth and sets the stage for a long-term financial partnership.

Morgan Stanley Capital Partners, the Private Equity team within Morgan Stanley Investment Management, today announced that it has raised $2 billion for North Haven Capital Partners VII and its related funds (collectively, NHCP VII or the Fund), exceeding its original fundraising target and surpassing the size of its predecessor fund, North Haven Capital Partners VI (NHCP VI), by more than 40%.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired a controlling interest in SpendMend (the “Company”), from Sheridan Capital Partners. MSCP is partnering with the current management team led by CEO Dan Geelhoed and President Rob Heminger, who will continue to lead the business, as well as Sheridan Capital Partners, who will retain a minority stake in the Company.

Minneapolis-based AWT Labels & Packaging, Inc. (AWT), a leading provider of specialty labels and packaging for the healthcare, food & beverage, personal care, and industrial durable end markets, today announced the acquisition of Labeltronix.

GoFundMe, the trusted leader in online fundraising, announced it has signed a definitive agreement to acquire Classy, a leading modern nonprofit fundraising software company.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”) today announced the sale of 24 Seven (“24 Seven” or the “Company”) to a single asset GP-led continuation investment vehicle managed by an affiliate of MSCP. The continuation fund is led by Glendower Capital with participation from other secondary investors including Pantheon.

Cohesion, a leader in smart building and digital twin SaaS technology, raised $15 million in its Series A financing round co-led by Morgan Stanley Next Level Fund and Hyde Park Angels (HPA).

Investment funds managed by Morgan Stanley Infrastructure Partners, a private infrastructure team within Morgan Stanley Investment Management, announced today that they have acquired SpecialtyCare, Inc. from Kohlberg & Company, LLC.

Vbrick, the leader in enterprise video solutions, today announced the appointment of Paul Sparta as Chief Executive Officer in addition to his role as Chairman of the Board of Directors. Effective immediately he will assume day-to-day leadership of the company and spearhead its next phase of product innovation and global growth.

Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced the closing of the previously reported acquisition of Ecwid, a best-in-class, global eCommerce platform, that allows customers to create standalone businesses in minutes.

Morgan Stanley Expansion Capital and Ally Bridge Group, announced the firms have completed an investment in Elligo Health Research, a healthcare-enabling research organization powered by the novel IntElligo technology. The $135 million Series E financing also included participation from Norwest Venture Partners and all major existing investors, including Cerner, Hatteras Venture Partners, Noro-Moseley Partners, Piper Sandler Merchant Banking, Shumway Capital, and Syneos Health.

SkyKick, a global provider of no-code and low code cloud automation software for Information Technology Services Providers (ITSPs), announced today that it closed a $130 million financing bringing its total capital raised to over $200 million.

Morgan Stanley Real Estate Investing, the private real estate investment arm of Morgan Stanley Investment Management, announced it has raised ~$3.1 billion for North Haven Real Estate Fund X Global, exceeding its original fundraising target and surpassing the size of its predecessor fund, North Haven Real Estate Fund IX Global. G10 investors include a sophisticated group of public and private pension funds, sovereign wealth funds, insurance companies, and individuals from around the world.

Presidio Investment Holdings LLC, a portfolio company of Morgan Stanley Energy Partners, announced today that it has closed upon the issuance of term asset backed securities in a private placement transaction with a syndicate of U.S.-based institutional investors. The Notes are the largest single issuance of asset backed securities by an energy producer, the first such issuance to a syndicate of Note purchasers, and include two investment grade rated tranches.

As of today, the offer document for the public delisting tender offer (cash offer) of Kublai GmbH, Frankfurt am Main, Germany, an affiliate of funds managed and advised by Morgan Stanley Infrastructure Inc., to the shareholders of Tele Columbus AG, Berlin, Germany, for the acquisition of their registered no-par-value shares in Tele Columbus AG (ISIN DE000TCAG172) as well as its non-binding English convenience translation are available for distribution free of charge at BNP Paribas Securities Services S.C.A., Frankfurt Branch, Europa-Allee 12, 60327 Frankfurt am Main, Germany.

Morgan Stanley Investment Management announced that it has raised $1.6 billion for North Haven Credit Partners III, exceeding its original fundraising target by 29%. Investors in North Haven Credit Partners III, the successor fund to North Haven Credit Partners II, include public and private pension funds, sovereign wealth funds, insurance companies and individual investors.

Investment funds managed by Morgan Stanley Capital Partners, the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired a controlling interest in Alliance Technical Group, from Align Capital Partners. Morgan Stanley Capital Partners is partnering with the current management team led by CEO Chris LeMay, who will continue to lead the business.

Patriot Growth Insurance Services, LLC, one of the country’s largest and fastest-growing national insurance agencies, today announced that it has closed on a new round of financing in support of its aggressive organic and acquisition-driven growth strategy. The additional capital represents another significant expansion of Patriot’s existing debt facility; this raise was co-led by existing lenders Morgan Stanley Private Credit and Antares.

Morgan Stanley Private Credit and Onex Falcon recently announced the completion of their investment in CSS Corp, a global customer experience and technology services provider. The investment includes both mezzanine financing and equity participation. Additionally, Morgan Stanley Private Credit and Onex Falcon will be involved with the company’s board of directors.

Lightspeed (TSX: LSPD) (NYSE: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, announced it has entered into definitive agreements to acquire two global leaders in digital commerce. Once closed, the acquisitions will provide Lightspeed customers new entry points to the digital economy, unprecedented supply chain management as well as increased opportunities to provide outstanding customer experiences online.

Investment funds managed by Morgan Stanley Capital Partners, the middle-market focused private equity team at Morgan Stanley Investment Management, have completed an investment in Nivel Parts & Manufacturing, sold by funds managed by Kelso & Company. Morgan Stanley Capital Partners is partnering with the current management team led by Brent Moore, who will remain as CEO.

Investment funds managed by Morgan Stanley Capital Partners, the middle-market focused private equity team at Morgan Stanley Investment Management, have completed an investment in Sila Heating & Air Conditioning, from investment funds managed by Dubin Clark & Company, Inc. Morgan Stanley Capital Partners is partnering with the current management team led by CEO Lou Pellegrini, and founder, Jack Rothacker, who will continue to lead the business.

ValGenesis, Inc., the market leader in Enterprise Validation Lifecycle Management Systems (VLMS), announced the closing of a $24 million investment from Morgan Stanley Expansion Capital. Proceeds will bolster sales and accelerate ValGenesis’ focus on innovation in digital validation technologies and global deployment.

Dataminr, the leading real-time information discovery platform, today announced the close of a $475 million financing round at a $4.1 billion valuation. Investors in the financing include Eldridge, Valor Equity Partners, MSD Capital, Reinvent Capital, ArrowMark Partners, IVP, Eden Global and investment funds managed by Morgan Stanley Tactical Value.

Patriot Growth Insurance Services, LLC, one of the country’s largest and fastest-growing national insurance agencies, today announced that it has closed on a new round of financing in support of its aggressive acquisition and organic growth strategy. The additional capital raised represents a significant expansion of Patriot’s existing debt facility. The raise is co-led by existing lenders Barings Global Private Finance and Antares Capital LP, and also includes new participant Morgan Stanley Private Credit.

Investment funds managed by Morgan Stanley AIP Private Markets Secondaries Team, an investment team within Morgan Stanley Investment Management, announced today that they have completed an investment in Axispoint Technology Solutions Group through a transformational secondary partnership with RunTide Capital.

Morgan Stanley Private Credit (“MSPC”) is pleased to announce its role as co-lead arranger in providing junior capital securities to Talent Systems LLC that will support refinancing of existing debt facilities and the company’s acquisition of Spotlight Unlimited. Talent Systems is a portfolio company of Caltius Equity Partners, a Los Angeles-based private equity firm.

airSlate, a leader in no-code business automation solutions, today announced the closing of $40 million in additional investment from leading growth investors for a total of $80 million in capital raised to date. The financing will be used to bolster sales to over $100 million ARR in 2021 with a focus on expanding product functionality and integrations for additional use cases, building up the sales and marketing organization, and entering new international markets.

Investment funds managed by Morgan Stanley Energy Partners (MSEP), part of Morgan Stanley Investment Management, announced today that they have completed an investment in Alpharetta, Georgia-based SolMicroGrid. This strategic partnership will support the growth of SolMicroGrid’s business, which offers innovative microgrid solutions through an Energy-as-a-Service (EaaS) business model.

SmartyPants, Inc., a Morgan Stanley Expansion Capital portfolio company and a leading producer of premium multi-vitamins, was acquired by Unilever (NYSE: UL), a leading global supplier of personal care products. Terms of the transaction were not disclosed.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management, announced today that they have completed an investment in Advanced Web Technologies Holding Company, which operates as AWT Labels & Packaging and Citation Healthcare Labels.

The Carlyle Group today announced that it has acquired a majority stake in Manna Pro Products (Manna Pro) from investment funds managed by Morgan Stanley Capital Partners (MSCP). Financial terms of the transaction were not disclosed.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), a Private Equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in US HealthConnect.

Manna Pro Products, a St. Louis-based manufacturer and marketer of pet care and nutrition, has agreed to acquire Doggie Dailies, a family-owned and operated online pet brand that offers premium nutritional supplements and wellness products for dogs.

Presidio Investment Holdings LLC (“Presidio Petroleum”) announced today that it has completed the acquisition of substantially all of the oil and natural gas producing properties of Templar Energy LLC and certain affiliates in the Anadarko Basin (“Templar”). Presidio Petroleum is a leading oil and gas efficiency company founded to acquire, operate, and optimize producing oil and natural gas properties in the Anadarko Basin and other established U.S. onshore basins.

Morgan Stanley Private Credit and Comvest Partners are pleased to announce their role as co-lead arrangers in providing $90.0 million in junior capital securities to von Drehle Corporation, a leading manufacturer of away-from-home paper products.

Ecwid, a leading global software-as-a-service (SaaS) e-commerce company, today announced a funding round of $42 million led by Morgan Stanley Expansion Capital and PeakSpan Capital. Ecwid provides online selling solutions for small businesses and enables them to establish a digital storefront in a matter of hours.

Alternative Investment Partners Private Markets, part of Morgan Stanley Investment Management, today announced it has built upon its $800 million impact investing platform by closing on a fund which will focus on climate solutions. The $110 million fund seeks to address critical climate issues including global warming and pollution, depleting resources and eco diversity.

TSG Consumer Partners, a leading private equity firm focused exclusively on the branded consumer and retail sectors, today announced that it has acquired a majority stake in Pathway Vet Alliance LLC from investment funds managed by Morgan Stanley Capital Partners. As part of the transaction, Pathway management will continue to lead the Company and retain a significant minority stake. Financial terms of the transaction were not disclosed.

cPacket Networks, a leading provider of network-aware application and security assurance solutions, announced it has completed a $15 million round of funding by Morgan Stanley Expansion Capital. The investment will be used to accelerate cPacket’s focus on product innovation and deployment of its broad range of high-performance network visibility products for the cloud, data center, and branch offices.

Funds advised by Apax Partners today announced they have reached an agreement to acquire Cadence Education, a leading provider of early childhood education in North America, from investment funds managed by Morgan Stanley Capital Partners (MSCP). The transaction is expected to complete in March 2020. Financial terms of the transaction were not disclosed.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle market focused private equity team within Morgan Stanley Investment Management, announced recently that they have completed an investment in World 50, Inc., a leading provider of private peer communities. MSCP partnered with the current management, led by CEO David Wilkie, who will remain CEO and continue to drive organic growth and acquisitions during the investment.

OpsRamp, service-centric AIOps platform for hybrid enterprise IT operations, today announced the closing of its latest round of investment led by Morgan Stanley Expansion Capital, and with new investor Hewlett Packard Enterprise (HPE). OpsRamp will use the investment to grow and scale the industry’s first cloud-based platform for discovery, monitoring, and automation of hybrid, multi-cloud, enterprise environments.

Comar, a premier plastic packaging, dispensing, and medical device provider serving the Medical, Pharmaceutical, Consumer Healthcare, Personal and Home Care, Food and Beverage, and other niche market segments is thrilled to announce the acquisition of iMARK Molding, a custom contract manufacturer focused on serving the medical device industry.

Morgan Stanley Infrastructure Partners, the private infrastructure investment team within Morgan Stanley Investment Management, today announced that it has raised $5.5 billion for North Haven Infrastructure Partners III, six months after the fund’s first close on June 19, 2019.

Alternative Behavior Strategies (ABS), a leading provider of services to children with autism spectrum disorders, announced today it has received funding from private equity platform Morgan Stanley Expansion Capital along with Petra Capital Partners, investing in the next stage of ABS’ growth.

SAFE Fertility Centre Co., Ltd announced that North Haven Thai Private Equity L.P., a fund managed by Morgan Stanley, has invested an undisclosed amount in the Company for a minority stake.

Investment funds managed by Morgan Stanley Expansion Capital announced the sale of their interest in HighQ Solutions Limited, a leading collaboration platform for legal and regulated industries, to Thomson Reuters. HighQ provides secure cloud-based business collaboration, workflow automation and client engagement software to over 400 customers, including more than half of the top 100 global law firms.

CoAdvantage, one of the nation’s top privately held professional employer organizations (PEO) and a leading national provider of strategic human resource (HR) solutions for small to mid-sized companies, announced today a definitive agreement to be acquired by Aquiline Capital Partners, a private equity firm investing in financial services and technology. CoAdvantage is being acquired from investment funds managed by Morgan Stanley Capital Partners (MSCP), which have owned the company since 2015.

Presidio Investment Holdings LLC announced today that it has completed its acquisition of all the oil and natural gas producing properties in the western Anadarko Basin of Texas, Oklahoma, and Kansas from Apache Corporation and its affiliates (NYSE: APA). Presidio Petroleum is a portfolio company majority owned by investment funds managed by Morgan Stanley Energy Partners, the energy private equity business of Morgan Stanley Investment Management.

Investment funds managed by Morgan Stanley Expansion Capital today announced that they have entered into a definitive agreement to sell their interest in DocuWare GmbH, a leading global provider of content services software, to Ricoh (TYO:7752). Expansion Capital invested in Founder-backed Docuware in June 2012 in a transaction designed to accelerate Docuware’s growth, recapitalize select holders and position the company for future growth.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle market focused private equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Ovation Fertility. MSCP partnered with the current management team and physician shareholders, led by Nate Snyder, who will remain CEO and continue to drive organic and acquisitive growth.

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle market focused private equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Impact Fitness, a leading Planet Fitness franchisee with 29 clubs across the United States and Canada. MSCP partnered with the current management team, led by CEO Adam Willaeys, as well as founder Chris Klebba, who will remain as Executive Chairman.

Manna Pro Products, a St. Louis-based manufacturer and marketer of pet care and nutrition, has agreed to acquire Dallas-based Hero Pet Brands, a company that provides solutions to pet owner needs including nutrition, grooming, waste pickup and cleanup.

Tikehau Capital Advisors, Tikehau Capital SCA’s main shareholder, today announced that it has secured from institutional partners firm and irrevocable commitments of €195m in new equity as part of a share capital increase of at least €300m.

SolarWinds (NYSE:SWI), a leading provider of powerful and affordable IT management software, today announced that it has signed an agreement to acquire Samanage, a highly reviewed and highly rated IT service desk solution company based in Cary, NC. Over the past 7 years, Samanage has built a strong, well-respected product guided by a customer-centricity that aligns well with SolarWinds’ mission and commitment to the technology professional community.

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the Private Equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Clarity Software Solutions. MSCP is partnering with the current management team led by founder Sean Rotermund, who will remain CEO and continue to drive organic growth and product development during the investment.

Vbrick, a Morgan Stanley Expansion Capital portfolio company and the leader in enterprise video platform solutions, today announced that Christian Rockwell, an accomplished marketing executive for high-growth technology businesses, has been appointed as Chief Marketing Officer. In this role Rockwell will be responsible for marketing strategy and will lead the global marketing organization for the rapidly-growing company.

Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced the closing of $32 million in financing from Morgan Stanley Expansion Capital and East West Bank. The company will use the funds to address accelerating demand for Medsphere’s comprehensive suite of healthcare IT solutions and services, and for strategic acquisitions.

Morgan Stanley Investment Management announced it has raised over $1.4 billion for North Haven Tactical Value Fund LP and its related funds, significantly exceeding its original fundraising target. The Fund seeks to invest in private, long-term and often illiquid opportunities that are identified primarily by leveraging the global Morgan Stanley network and come from a wide range of asset classes, sectors and geographies.

Investment funds managed by Morgan Stanley Capital Partners (MSCP) today announced the sale of their majority interest in Hojeij Branded Foods (HBF), a leading North American airport food and beverage concessionaire, to Lagardère Travel Retail (Paris:MMB) for $330 million. MSCP acquired a majority stake in HBF from its founders in July 2015 in a transaction that valued the company at $155 million.

EZ Texting, the leader in mobile marketing for business, announced it is consolidating all its communication brands, including CallFire, under EZ Texting. This move reflects the growing importance of text messaging as a business communications solution and supports the rapid growth of the company's flagship text messaging platform used by small and medium-sized businesses to more effectively reach their customers.

PPC Flexible Packaging, LLC, which is backed by Morgan Stanley Capital Partners and is a leading provider of custom flexible packaging for specialty food and healthcare markets, today announced the acquisition of Payson, Utah–based Temkin International.

Samanage, the service success company, today announced a $30 million investment from Morgan Stanley Expansion Capital, the growth-focused private investment platform within Morgan Stanley Investment Management. Samanage seeks to accelerate their exceptional year-over-year growth and expand their global market share in the IT Service Management (ITSM) industry.

Visionary Integration Professionals (VIP) today announced an investment by Morgan Stanley Credit Partners. The new funding will further accelerate the growth of VIP and its wholly-owned subsidiary, Meridian Knowledge Solutions (Meridian), based in Reston, VA.

Morgan Stanley Expansion Capital, the growth-focused private investment platform within Morgan Stanley Investment Management (MSIM), announced that it has closed on approximately $400 million of capital commitments for North Haven Expansion Equity LP and its related funds, exceeding its original fundraising target capital commitments by nearly $100 million.

Ardurra-King, the 4th fastest growing Engineering firm in the country, has rebranded itself Ardurra Group, Inc. The firm consists of 3PL Consulting, AndersonPenna Partners, BCG Engineering, CTT Engineering, King Engineering Associates, PCA Global, Eco Consultants, and Stouten Cramer. We are also introducing our new tag line: Collaborate. Innovate. Create.

Neo4j, the leader in graph databases, announced today that it has closed an $80 million Series E funding round led by Morgan Stanley Expansion Capital and One Peak Partners.

Morgan Stanley Private Equity Asia, the Asia-focused private equity investment platform within Morgan Stanley Investment Management (MSIM), today announced that it has secured over US$440 million in capital commitments for North Haven Thai Private Equity LP and its related funds, versus an initial target of US$300 million. The Fund was launched in partnership with Bangkok Bank, a market-leading Thai financial institution.

EcoIntense merges its products and businesses into a single, global brand identity: With the release of version 11.0 on October 11th, the HSE and CSR software EcoWebDesk and the associated NordSafety app are rebranded under the uniform name Quentic. EcoIntense and NordSafety are now also operating as Quentic.

Clinipace, a global full-service contract research organization (CRO), expands its leadership team and launches a new brand identity to support its future growth as a midsized CRO. To better serve its clients, Clinipace is committed to taking a personal approach that focuses on service supported by top CRO talent and technologies.

Fisher Container, a portfolio company majority owned by investment funds managed by Morgan Stanley Capital Partners, completes the acquisition of Packaging Products Corporation.

Morgan Stanley Capital Partners announces an investment in Fisher Container via a partnership with experienced plastics and packaging executive, Kevin Keneally, and the current Fisher management team to acquire the company.

Morgan Stanley Private Equity announces an investment in 24 Seven, Inc., one of North America’s largest creative and digital human capital management firms.

Morgan Stanley Private Equity announces an investment in Cadence Education, Inc., one of the United States’ leading providers of early childhood education.

Morgan Stanley Energy Partners ("MSEP") and Midland, TX-based XRI Holdings, LLC (“XRI Blue”), announce a strategic partnership whereby MSEP has made a majority equity investment in XRI Blue.

Morgan Stanley Capital Partners announces an investment in Pathway Partners Vet Holding LLC, a leading veterinary hospital owner and operator founded by Dr. Jasen Trautwein in Austin, TX and led by CEO Shawn McVey.

Morgan Stanley Infrastructure Partners announces that it has raised $3.6 billion for North Haven Infrastructure Partners II (NHIP II).

Morgan Stanley Capital Partners announces the completion of a majority investment in CoAdvantage, Inc., one of North America’s largest professional employer organizations (PEOs).

Morgan Stanley Infrastructure Partners announces that it has agreed to sell Southern Star Central Corp. (Southern Star) to a consortium consisting of affiliates of GE Energy Financial Services and Caisse de dépôt et placement du Québec.

Morgan Stanley Infrastructure Partners announces the sale of Madrileña Red de Gas ("MRG") to a consortium formed by EDF Invest, Gingko Tree Investment Ltd, and Dutch pension fund manager PGGM.

Morgan Stanley Infrastructure Partners announces an agreement to sell Montreal Gateway Terminals to a consortium led by Fiera Axium Infrastructure.

Morgan Stanley Capital Partners announces the completion of the sale of its majority interest in EmployBridge, a leading provider of specialty staffing services, to The Select Family of Staffing Companies, a national provider of workforce management services.

Morgan Stanley Infrastructure Partners announces an agreement to acquire in stages co-control ownership of Eureka Hunter Holdings, LLC, a natural gas gathering system situated in the Marcellus and Utica shale basins in the Appalachian region of the United States.

Morgan Stanley Global Private Equity today announced it has completed the sale of its majority interest in Learning Care Group (U.S.) Inc.

Morgan Stanley Capital Partners announces the completion of the sale of its majority interest in Accelerate Acquisitions Limited, the parent company of Zenith, to HgCapital, a UK-based private equity fund.

Morgan Stanley Infrastructure Partners announces an increased ownership stake to 100 percent of the Common Equity of Southern Star Central Corp., parent company of Southern Star Central Gas Pipeline (Southern Star).

Morgan Stanley Private Equity Asia announces the closing of a strategic partnership with Tianhe Chemicals Group, a leading specialty chemicals company in China.

Morgan Stanley Private Equity and Denver-based Sterling Energy Company announce a strategic partnership whereby Morgan Stanley Private Equity has made a majority equity investment in Sterling Energy.

Morgan Stanley Private Equity and the group of Trinity companies (“Trinity”) announce a strategic partnership whereby Morgan Stanley Private Equity has made a majority equity investment in Trinity.

Morgan Stanley Capital Partners announces that is has agreed to acquire a 60 per cent stake in Zenith Vehicle Contracts Group Limited, a provider of vehicle outsourcing and management services to the UK corporate sector, from funds advised by Barclays Private Equity and Zenith management.

Morgan Stanley Private Equity and Charleston, WV-based Triana Energy announce a strategic partnership whereby Morgan Stanley Private Equity has made a majority equity investment in Triana Energy.

Morgan Stanley Capital Partners announces the completion of an agreement to acquire a 60 percent stake in Learning Care Group, the U.S. subsidiary of A.B.C. Learning Centres Limited (“ABC”).

Morgan Stanley Capital Partners and BAST Investment Group agree to acquire an equity stake in Breitenfeld AG from the majority shareholders of the Austrian specialty steel producer, Fides Privatstiftung and Fortis Privatstiftung.

Morgan Stanley Capital Partners announces that it will acquire Tops Markets, LLC (Tops) from Koninklijke Ahold, N.V. (Ahold). Tops operates under the banners of Tops Markets and Martin’s Super Food Stores.