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Fried Frank says it advises Morgan Stanley on $1.3 billion growth fund close
Fried Frank announced that it had advised Morgan Stanley Investment Management on the final close of its inaugural North Haven Growth & Innovation Fund. The firm said the fund secured $1.3 billion in capital commitments and described the fundraising as oversubscribed, with the vehicle drawing on Morgan Stanley’s wider business capabilities.
Key points
- Fried Frank named asset-management partners Jeremy Berry and Kenneth Rosh as team leaders.Fried, Frank, Harris, Shriver & Jacobson
- The firm said the fund would draw on Morgan Stanley’s Investment Management division.Fried, Frank, Harris, Shriver & Jacobson
- The announcement also identified Institutional Securities and Wealth Management as contributing divisions.Fried, Frank, Harris, Shriver & Jacobson
- Fried Frank’s notice did not state the fund’s original fundraising target.Fried, Frank, Harris, Shriver & Jacobson