Morgan Stanley Investment Management Raises $5.5 Billion for Its Third Global Infrastructure Fund
December 19 2019 - 9:35AM
Business Wire
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. North Haven Infrastructure
Partners III includes some of the world’s largest and most
sophisticated institutional infrastructure investors, including
public and private pension funds, sovereign wealth funds and
insurance companies.
“We are grateful for the trust and support from both our
long-standing partners as well as new investors,” said Markus
Hottenrott, Chief Investment Officer for Morgan Stanley
Infrastructure Partners. “We are confident that our active approach
to value creation, together with the reach of the Morgan Stanley
platform, will continue to deliver results for our clients.”
A global platform, Morgan Stanley Infrastructure Partners
invests in private infrastructure assets and companies with the
potential to be transformed into core infrastructure assets.
Consistent with its predecessor funds, North Haven Infrastructure
Partners III will pursue opportunities that can benefit from
operational efficiency improvements and value creation initiatives.
The team’s focus sectors include Transportation, Power Generation
(including Renewable Generation), Natural Gas Infrastructure and
Digital Infrastructure. The team has already announced two
investments for the fund: PNE AG, a German onshore wind power
company, and Fiber of Portugal, the largest fiber network in
Portugal.
“Private alternatives continue to be an area of focus for Morgan
Stanley Investment Management and our clients, and we are pleased
that Morgan Stanley Infrastructure Partners’ differentiated
approach has resonated strongly with investors,” said Dan
Simkowitz, Head of Morgan Stanley Investment Management.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners is a leading global
infrastructure investment platform. The team has a proven and
disciplined approach to investing in infrastructure assets globally
and seeks to create value through active asset management and by
implementing operational improvements.
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 699 investment
professionals around the world and $507 billion in assets under
management or supervision as of September 30, 2019. 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 www.morganstanley.com/im
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing investment banking, securities, wealth management
and investment management services. With offices in more than 41
countries, the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
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