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Morgan Stanley Investment Management Raises $1.6 Billion For North Haven Credit Partners Iii

Aug 03, 2021•about 4 years ago

Amount Raised

$1.6 Billion

Description

Morgan Stanley Investment Management today announced that it has raised $1.6 billion for North Haven Credit Partners III (“NHCP III” or the “Fund”), exceeding its original fundraising target by 29%. Investors in NHCP III, the successor fund to North Haven Credit Partners II, include public and private pension funds, sovereign wealth funds, insurance companies and individual investors. The Fund, managed by the Morgan Stanley Private Credit team, will focus primarily on junior capital investments in private North American businesses including 2nd lien debt, mezzanine debt, preferred equity and special situations.

Company Information

Company

Morgan Stanley Private Credit

About

Morgan Stanley Private Credit, part of Morgan Stanley Investment Management, is a private credit platform focused on direct lending and opportunistic private credit investment in North America and Western Europe. The Morgan Stanley Private Credit team invests across the capital structure, including senior secured term loans, unitranche loans, junior debt, structured equity and common equity co-investments. For further information, please visit the website: https://www.morganstanley.com/privatecredit.