The FINANCIAL — Morgan Stanley Real Estate Investing (MSREI) announced on August 5, that it has raised aggregate commitments of approximately $1.7 billion for North Haven Real Estate Fund VIII Global (G8) and related co-investment vehicles.
“MSREI delivers an exceptional combination of industry expertise, local market presence and global perspective, and the success of this capital raise reflects how our clients have recognized and responded to these strengths,” said Ed Moriarty, Head of Merchant Banking & Real Estate Investing (MB&REI). “As part of the MB&REI platform, the Real Estate Investing team has access to Morgan Stanley’s global network as well as deep resources dedicated to providing best-in-class operations, reporting and risk management.”
“G8’s flexible, global mandate allows us to look across all of our markets and select those opportunities which we believe offer the best risk-adjusted returns,” said Olivier de Poulpiquet, Co-Chief Executive Officer and Co-Chief Investment Officer for MSREI. “The G8 investment program is well underway, with transactions already closed in the U.S., UK, Austria, Japan and Australia.”
“Our partners in G8 are a sophisticated group of public and private pension funds, sovereign wealth funds, insurance companies, family offices and individuals from around the world,” said John Klopp, Co-Chief Executive Officer and Co-Chief Investment Officer for MSREI. “We will apply the same philosophy and patient, disciplined approach to investing their capital that we do across all of our strategies.”
Morgan Stanley Real Estate Investing is a leading global real estate investment platform which has been one of the most active property investors in the world for more than two decades. MSREI employs a patient, disciplined investment approach to manage global opportunistic to core investment strategies on behalf of its clients. With offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise, according to Morgan Stanley.
North Haven is the closed-end fund family of Morgan Stanley Merchant Banking & Real Estate Investing, the direct private investing business of Morgan Stanley. MB&REI employs a consistent, proven value-creation approach across a full range of strategies, including private equity, real assets, and credit. From 25 locations around the world, over 400 experienced professionals with extensive private markets expertise and access to Morgan Stanley’s global franchise provide an unparalleled network to source investment intelligence and opportunities.