Morgan stanley investment management hits hard cap with third co-investment fund

New york--(business wire)--morgan stanley investment management (msim), announced today the final close of north haven private equity co-investment opportunities fund iii lp (peco iii) oversubscribed at its hard cap with approximately $2.3 billion in total commitments. peco iii offers private equity exposure through co-investments alongside best-in-class buyout managers operating primarily in the lower middle market. peco iii is managed by morgan stanley private equity solutions, the multi-mana.
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