Morgan Stanley reports developments across its global financial services franchise, including wealth management, investment management, institutional securities, private credit and capital markets activity. Recurring updates include Morgan Stanley Investment Management product launches, education resources for advisors, private credit financings, Eaton Vance fund actions, sustainable investing research and family office governance themes.
News also covers capital-structure and shareholder matters, operating and financial results, regulatory disclosures and governance updates tied to Morgan Stanley’s common stock, preferred securities, funds and finance subsidiaries.
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Morgan Stanley (NYSE: MS) announced dividends for various preferred stock series. The Floating Rate Non-Cumulative Preferred Stock, Series A will yield $343.28 per share, while the 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C will pay $25.00 per share. Other notable payments include Series E at $445.31 and Series N at $2,650.00. Dividends for Series M and N are due on March 15, 2023, with a record date of February 28, 2023. Payments for Series A, C, E, F, I, K, L, O, and P are scheduled for April 17, 2023 with a record date of March 31, 2023.
Mesa West Capital announced raising approximately $1.37 billion for its Mesa West Real Estate Income Fund V, L.P., surpassing the initial $1.0 billion target. This fund, focused on value-add transitional commercial real estate loans, aims to create a diversified investment portfolio. Notable investors include public and private pension funds and insurance companies. Mesa West Capital emphasizes its strong market track record, especially through economic cycles, as a key factor in attracting investment.
The firm currently manages $62 billion in client assets under Morgan Stanley Investment Management.
Morgan Stanley (NYSE: MS) hosted its inaugural global Demo Day featuring ten women-led technology startups from the US and EMEA. The event connected over 200 investors and potential partners with companies like Advocat, AMAKA Studio, and Physician 360. This initiative is part of Morgan Stanley's Inclusive Ventures Lab, which provides mentorship and funding resources. The Lab, launched in 2017, has supported 69 startups with a combined valuation exceeding $670 million. Today, the Multicultural Strategy Group was rebranded as the Morgan Stanley Inclusive Ventures Group, reflecting its global mission to promote equitable investment for underrepresented founders.
Morgan Stanley Investment Management (MSIM) has successfully closed its Ashbridge Transformational Secondaries Fund II (Ashbridge II) with $2.5 billion in total capital commitments, nearly four times the amount raised by its predecessor fund. Ashbridge II focuses on single asset GP-led continuation vehicles and is among the largest funds in this category. With over $200 billion in alternative investments, this fund aims to support middle market private equity funds by providing additional capital and time for value creation strategies. MSIM has a strong presence in private credit and equity, managing over $40 billion in assets.
Morgan Stanley (NYSE: MS) announced that Sharon Yeshaya, Chief Financial Officer, will speak at the Credit Suisse 24th Annual Financial Services Forum in location value="LU/us.fl.keyyne"Key Biscayne, Florida. The event is scheduled for February 14, 2023 at 12:45 p.m. (ET). Both live and on-demand webcasts can be accessed via the Morgan Stanley website in the Investor Relations section. Morgan Stanley is a global financial services firm delivering various services, including investment banking, securities, and wealth management, across 41 countries.
Morgan Stanley Investment Management (MSIM) announced the launch of its ETF platform with six new Calvert ETFs listed on NYSE Arca. The ETF suite includes four indexed ESG strategies and two active ESG strategies, showcasing MSIM’s commitment to responsible investing. Key ETFs include Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) and Calvert US Select Equity ETF (CVSE). MSIM aims to provide strategic value for clients while promoting positive change through responsible investment practices. The firm manages over $1.3 trillion in assets as of December 31, 2022.
Morgan Stanley Capital Partners (MSCP) has acquired Apex Companies, a top provider of environmental consulting and engineering solutions, from Sentinel Capital Partners. This acquisition is aimed at enhancing Apex’s capabilities in water, environmental, and infrastructure services. CEO Dave Fabianski will continue to lead the company, which serves a diverse clientele across various sectors. This investment aligns with MSCP’s strategy to grow within the environmental services sector and reinforces their commitment to ESG initiatives. Apex, based in Rockville, Maryland, is recognized for its expertise in stormwater compliance and other environmental services.
Morgan Stanley (NYSE: MS) is set to announce its first quarter 2023 financial results on April 19, 2023, at approximately 7:30 a.m. ET. A subsequent conference call to discuss these results will take place on the same day at 8:30 a.m. ET. As a leading global financial services firm, Morgan Stanley offers a range of services in investment banking, securities, and wealth management across 41 countries. For further information, visit www.morganstanley.com.
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