Morgan Stanley Stock Price, News & Analysis

Morgan Stanley Real Estate Investing (MSREI) has successfully raised approximately $3.1 billion for its North Haven Real Estate Fund X Global (G10), exceeding its original target and surpassing its predecessor's size. The fund aims to pursue value-add and opportunistic real estate investments globally. Over 80% of capital comes from existing North Haven clients, reaffirming strong investor confidence. MSREI has already initiated capital deployment for G10, supported by a substantial pipeline of investment opportunities.

Morgan Stanley has announced the sixth cohort of its Multicultural Innovation Lab, which focuses on supporting technology startups led by multicultural or female founders. This accelerator program, now in its fifth year, aims to close the funding gap for diverse entrepreneurs. The program commenced on August 16, 2021, and will run until January 2022, culminating in a Showcase and Demo Day.

Notable past participants include AptDeco and Praxis Labs, which have achieved significant growth and funding. The Lab emphasizes financial inclusion and aims to facilitate capital access for underrepresented founders.

Jonathan Pruzan, COO of Morgan Stanley, will present at the Barclays Global Financial Services Conference on September 14, 2021, at 2:45 p.m. (ET). The conference will be held virtually, and participants can access both live and on-demand webcasts through the Investor Relations section of www.morganstanley.com.

Morgan Stanley (NYSE: MS) is a top global financial services firm, offering investment banking, securities, wealth, and investment management services across 41 countries.

Morgan Stanley declared dividends for several preferred stock issues. The Floating Rate Non-Cumulative Preferred Stock, Series A will pay $255.56 per share. Series C will distribute $25.00 per share, while Series E and F will offer $445.31 and $429.69 per share, respectively. Series H and I will pay $238.70 and $398.44 per share. Series K and L will distribute $365.63 and $304.69. Series M and N dividends are payable on September 15, 2021, and others on October 15, 2021, to stockholders of record as of August 31 and September 30, 2021.

Presidio Investment Holdings announced the issuance of term asset-backed securities (the “Notes”) in a private placement with U.S.-based institutional investors. This transaction marks the largest asset-backed securities issuance by an energy producer. Proceeds will enhance Presidio's acquisition-driven growth strategy and recapitalize its balance sheet. The company has reached a net production of 38,000 boe/d since partnering with Morgan Stanley Energy Partners. Presidio aims to align with the International Energy Agency’s Net Zero by 2050 roadmap through sustainable practices.

Morgan Stanley Investment Management has successfully raised $1.6 billion for its North Haven Credit Partners III Fund, surpassing its target by 29%. This fund will invest primarily in junior capital for private North American businesses, including 2nd lien debt and mezzanine debt. The Private Credit team manages over $10 billion in assets. Key advantages cited include access to Morgan Stanley's network for deal sourcing and a proven track record across market cycles. More than 20% of the fund's capital has already been deployed.

TruFund Financial Services has announced an equity investment in Woodborn Partners, a Black-owned real estate development firm based in Detroit. This investment, made through TruFund's Impact Developers Fund, aims to support Woodborn's strategic growth and affordable housing projects. Woodborn has a 12-year history in developing mixed-income housing. The fund, launched in July 2020, is focused on providing capital to emerging developers of color, enhancing community impacts through affordable housing initiatives.

Morgan Stanley at Work has partnered with Vestwell to enhance retirement solutions through digital tools and favorable pricing, aiming to ease administrative burdens and boost participant engagement. Brian McDonald highlighted this collaboration as a significant industry advancement, showcasing Morgan Stanley's capability to deliver exceptional service at competitive pricing. The partnership also includes a strategic investment by Morgan Stanley in Vestwell during its Series C financing. This initiative reflects a commitment to innovation in workplace savings programs, improving service and technology for employers and employees.