Investment funds managed by Morgan Stanley Capital Partners (“MSCP”) have successfully completed the sale of World 50 Parent LLC and its subsidiary companies to a single asset GP-led continuation fund investment vehicle. The continuation fund is backed by investments from Pantheon, Blue Owl Strategic Equity, Lexington, Norwest, Ares Management Funds, AltamarCAM, and Churchill.Adam Shaw, Managing Director and Head of Business Services at MSCP, expressed pride in the transformation of World 50, stating, “We believe World 50 is a unique business model with multiple levers...

Morgan Stanley Private Credit (“MSPC”) announced today that several of its investment funds have led a $220 million recapitalization for Grass Valley, a leading media technology company. The recapitalization aims to strengthen Grass Valley's balance sheet and expedite investments in software and integrated hardware solutions, enhancing its cloud-native media platform.Peter Ma, Managing Director at Morgan Stanley Private Credit, expressed the firm's support for Grass Valley's growth, stating, “We are pleased to be Grass Valley’s financing partner and support the company in...

Jed Finn, Head of Morgan Stanley Wealth Management, emphasized the growing importance of alternative investments like private market shares, stating, “Alternative investments like private market shares are only growing in importance as investors seek deeper portfolio diversification.”Michael Gaviser, Head of Private Markets at Morgan Stanley Wealth Management, expressed the company's commitment to working with clients to create lasting value in the private markets, saying, “As a larger percentage of capital formation and economic growth is occurring in the private...