Morgan Stanley raises $1.2b Equity IX and Credit II funds; target was $850m

Morgan Stanley Investment Management (MSIM) has successfully concluded a capital raise, securing an impressive $1.2 billion in total equity commitments for North Haven Expansion Equity IX and North Haven Expansion Credit II. The funds, overseen by Morgan Stanley Expansion Capital, surpassed their initial target of $850 million by more than 40%.

This substantial capital injection is earmarked for supporting later-stage growth equity and credit investments, with a strategic focus on sectors such as technology, healthcare, consumer goods, digital media, and other high-growth industries. The achievement underscores MSIM's robust position in the private equity landscape, as evidenced by their ability to surpass fundraising goals in key sectors.