Latest news with #MSIM
Time of India
11-06-2025
- Business
- Time of India
Mirae Asset MF, BlackRock, others buy nearly 1% stake in AB Capital for Rs 568 cr
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mirae Asset MF, BlackRock, and Goldman Sachs, among others, on Wednesday bought nearly a 1 per cent stake in financial services company Aditya Birla Capital for Rs 568 crore through open market Oswal Mutual Fund (MF), Edelweiss MF, HSBC MF, New York State Teachers Retirement System, Dublin-based Mediolanum International Funds, and investment management firm Eaton Vance were among the buyers of Aditya Birla Capital's shares, as per the block deal data available on the Vance is part of the Morgan Stanley Investment Management (MSIM). MSIM is the asset management division of US-based Morgan entities purchased 2.34 crore equity shares or 0.9 per cent stake in Mumbai-based Aditya Birla Capital at an average price of Rs 242.65 apiece, taking the aggregate deal value to Rs 567.80 private equity firm Advent International through its special purpose vehicle Jomei Investments offloaded an equal number of shares in Aditya Birla Capital (AB Capital).Following the share sale, the stakeholding of Jomei Investments in AB Capital dipped to 2.94 per cent from 3.84 per shares of Aditya Birla Capital rose 1.46 per cent to close at Rs 246.25 per piece on the September 2019, AB Capital said that it had received approval from its board to raise primary equity capital of Rs 2,100 crore through a preferential allotment to certain marquee investors, including Advent International, and the company's promoters.
Business Wire
30-04-2025
- Business
- Business Wire
Morgan Stanley Investment Management Extends Availability of Institutional Private Equity to Individual Investors
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) announced today the launch of the North Haven Private Assets Fund (NHPAF), an SEC-registered evergreen investment fund designed to offer select investors the opportunity to obtain institutional-quality private equity exposure primarily through co-investments and secondaries in the lower middle market. This is MSIM's first evergreen private equity offering and follows the introduction of retail private credit and real assets strategies over the last five years. Neha Champaneria Markle, the Head of Morgan Stanley Private Equity Solutions, said: 'We are pleased to facilitate access to both secondaries and co-investments in privately held companies to a wider audience of potential investors through a user-friendly evergreen structure. We believe that the lower middle market offers a broad opportunity set characterized by lower entry valuations, greater potential for organic and M&A-driven growth, and more liquidity options compared to the large cap segment. We think this thematic emphasis, along with our demonstrated history of experience, and disciplined and careful manager diversification, will enable us to offer the potential for differentiated performance and downside risk protection.' NHPAF is managed by Morgan Stanley Private Equity Solutions, MSIM's multi-manager private equity solutions platform, which has a 25-year track record and a longstanding network of relationships with GPs. Combined with the broader resources of Morgan Stanley, the Fund is expected to benefit from the potential for robust deal flow as well as meaningful diligence advantages. David N. Miller, Global Head of Private Credit & Equity, said: 'Increased democratization of alternatives provides individuals access to what had been traditionally institutional asset classes. MSIM's $240 billion alternatives business has largely been built organically over four decades. We are pleased to expand our suite of private wealth-oriented private markets funds to include private equity in a structure that provides diversified exposure across sectors, geographies, and underlying managers. The Private Equity Solutions team has a long history in private equity investing and, we believe, a compelling investment playbook that is further distinguished by the top-tier global resources of Morgan Stanley.' About Morgan Stanley Private Equity Solutions Founded in 1999, Morgan Stanley Private Equity Solutions is a leading limited partner in private markets with a 25-year history of serving as a partner of choice to high-quality private equity managers. The Team's broad private markets investment platform encompasses globally diversified fund of funds programs, custom mandates, and specialized programs offering exposure to external private equity funds, co-investments, secondaries, and venture capital, among other strategies. Since inception, the Team has committed over $27 billion to more than 1,200 private markets investments, positioning the group as one of the most experienced private markets investors in the world. About Morgan Stanley Investment Management Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.6 trillion in assets under management or supervision as of March 31, 2025. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit About Morgan Stanley Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit Morgan Stanley AIP GP LP is NHPAF's investment adviser, and Morgan Stanley Distribution Inc. is NHPAF's distributor. Important Information Statements included herein may constitute 'forward-looking statements' within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the fund's filings with the Securities and Exchange Commission and others beyond NHPAF's control. NHPAF undertakes no duty to update any forward-looking statements made herein. All investors must be a 'qualified client' within the meaning of Rule 205-3 under the Investment Advisers Act of 1940 Act and an 'accredited investor' within the meaning of Rule 501 under the Securities Act of 1933. NHPAF is newly organized, with a limited history of operations. Past performance is no guarantee of future results. Actual results may vary. Diversification does not assure a profit or protect against loss in a declining market. Tender offers will be conducted at the sole discretion of NHPAF's Board. A registration statement relating to NHPAF's shares has been filed with, and declared effective by, the Securities and Exchange Commission. This press release is not an offer to sell securities and is not a solicitation of an offer to buy securities, nor will there be any sales of securities in any jurisdiction where the offer or sale is not permitted. Please read the prospectus and consider the Fund's investment objective, strategies, risks, fees and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the Fund. To obtain a prospectus (which includes the applicable fund's current fees and expenses, if different from those in effect as of the date of this document) please download one at or call 1-800-548-7786. Morgan Stanley Investment Management is the asset management division of Morgan Stanley. NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE Morgan Stanley Distribution, Inc. serves as the distributor for the Fund.
Yahoo
11-03-2025
- Business
- Yahoo
Morgan Stanley Sees Opportunity in the European ETF Market
Morgan Stanley Investment Management (MSIM) is exploring an entry into the rapidly growing European ETF market with its own in-house strategies, ETF Stream understands. MSIM, the asset management arm of Morgan Stanley, laid the foundation for an expansion into European ETFs in October 2024 when it registered the Morgan Stanley ETF ICAV with the Central Bank of Ireland (CBI). The first ETF to launch via the platform will be the Garnet US Treasury Bond 1-3 Year UCITS ETF (GUS1), a short-dated U.S. government bond fund that received the regulator's green light in February. According to a person familiar with the matter, GUS1 will launch in response to targeted client demand and is not part of the broader range of in-house strategies the firm is considering bringing to the European market. MSIM entered the US market in January 2023, and its 17-strong U.S. ETF range houses $4.8 billion in assets under management, according to data from Trackinsight. The suite encompasses fixed income, equity and option-based ETFs—all managed by subsidiaries Calvert, Parametric and Eaton Vance. The firm has contemplated entering Europe's ETF market on a number of occasions over the last two decades, but to-date, it has not used the ETF wrapper to deliver its own strategies. Deborah Fuhr, founder of ETFGI and former head of investment strategies at Morgan Stanley, previously said the firm was within touching distance of launching Europe's first ETFs in the year 2000. 'If Morgan Stanley had entered the ETF industry when I was still working there—when they were thinking about it back in 2000—with a family of real ETFs, we would have been the largest manager of ETFs in Europe,' Fuhr told ETF Stream. 'We had a set of ETFs ready to go, a marketing campaign and regional products, which would have launched in the first round. We even had these little cardboard single-use cameras to give away, with 'instant exposure in a single clip' as a campaign tag.' However, a number of UCITS ETFs have come to market via the firm's FundLogic platform—part of MSIM but distinct from its in-house products—including six smart beta ETFs, which closed last year, and a recently launched covered call strategy issued by Montrose, a subsidiary of Swedish financial services group Carnegie. The Montrose Global Monthly Dividend MSCI World UCITS ETF (MONTDIV) is listed on the Stockholm Stock Exchange and Morgan Stanley serves as a market maker for the product, ETF Stream understands. A second Montrose ETF is expected to launch via the FundLogic platform as early as this month. After the launch of MSIM's first six ETFs in the US, the firm's global head of ETFs, Anthony Rochte, said: 'We are in the initial steps of building out a global ETF platform. There is client demand for both mutual funds and demand for ETFs. We are going to where our clients are.' Morgan Stanley declined to comment for this article. This article was originally published at sister publication ETF | © Copyright 2025 All rights reserved
