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Friday, June 1, 2012

#MorganStanley #PrivateEquity Asia Targets US$1.5 Billion Fourth Fund @Foxbusiness @resilient_ent #SonjaCheung


Morgan Stanley's Asia-based private equity arm is gearing up for a roughly US$1.5 billion new pan-Asian fund, according to a person familiar with the matter.

It is in the early stages of fundraising for its fourth vehicle, which will target deals in China and South Korea, the person said. The firm in 2007 closed around a US$1.5 billion third fund that it previously said has a five-year investment period, followed by a five-year harvest period.

READ MORE VIA @FOXBUSINESS #SonjaCheung benny quetell @resilient_ent resilient media entertainment private equity
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