Morgan Stanley Said to Seek $4 Billion for Infrastructure Fund
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Morgan Stanley’s infrastructure investment unit plans to seek $4 billion for a second global fund, according to two people with knowledge of the matter.
At that size, the new pool from Morgan Stanley Infrastructure Partners would be the same size as the prior vehicle from 2008, which originally targeted $2.5 billion. The New York-based bank plans to officially start raising money in the coming weeks, said one of the people asking not to be named because the plans haven’t been made public.