Morgan Stanley Raises $1.7B for Latest RE Fund
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Morgan Stanley raised $4.7 billion for G8’s predecessor.
NEW YORK CITY—Morgan Stanley Real Estate Investing said Wednesday it had raised $1.7 billion toward its latest direct investment fund, North Haven Real Estate Fund VIII Global and related co-investment vehicles. G8 has already closed on deals in the UK, Austria, Japan and Australia as well as domestically.
“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,” says John Klopp, co-CEO and co-CIO at MSREI. “We will apply the same philosophy and patient, disciplined approach to investing their capital that we do across all of our strategies.” Adds Olivier de Poulpiquet, who shares CEO and CIO duties with Klopp, “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.”…
