Morgan Stanley (NYSE: MWD) announced today that Morgan Stanley Alternative Investment Partners (Morgan Stanley AIP) raised $500 million in commitments for the Morgan Stanley AIP Global Diversified Fund LP, aka Private Markets Fund II.

Morgan Stanley Private Markets Fund I LP was launched in 2001.

Private Markets Fund II incorporates four strategies: U.S. Buyouts, European Buyouts, Global Venture Capital and Special Situations. Morgan Stanley AIP's investment strategy emphasizes less efficient market segments and targets managers with unique skill sets in the U.S., Western Europe, and emerging private equity markets like Japan. Morgan Stanley AIP currently expects that Private Markets Fund II, in addition to investing in private equity funds, will invest approximately 35% of its committed capital in a combination of secondary interests and direct co-investments made alongside high quality private equity managers and financial sponsors.

INFO SOURCES

Morgan Stanley (NYSE: MWD)

Media Relations
Chad Peterson, 212-762-9612
Hugh Fraser, +44 20 7425 3923

FIRMS 

Morgan Stanley Alternative Investment Partners (Morgan Stanley AIP) is Morgan Stanley's primary fund of private equity funds and fund of hedge funds manager, and is part of the broader Morgan Stanley Investment Management business. The Private Markets team of Morgan Stanley AIP oversees more than $3 billion in private equity commitments in funds of private equity funds and separately managed accounts and is one of the largest fund of private equity funds managers in the world.

Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services. With more than 600 offices in 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.

PEOPLE

Pulfrey, Co-Head of Morgan Stanley AIP

Tom Dorr, Chief Investment Officer, Private Markets Team

Gupta, Morgan Stanley's Global Head of Fixed Income and Alternatives