Morgan Stanley Investment Management Raises More Than $125 Million for its First Global Impact Fund
Morgan Stanley press release ------- Morgan Stanley Investment Management has raised more than $125 million in final commitments for its first global impact fund, PMF Integro Fund I (“Integro” or the “Fund”). Launched in partnership with the Morgan Stanley Institute for Sustainable Investing (the “Institute”), Integro invests in private equity funds that offer the potential for compelling financial return while demonstrating positive environmental impact, social impact or both. The fund is managed by AIP Private Markets, the private markets solutions team within Morgan Stanley Investment Management. “Sustainable Investing is an incredibly important part of our Firm’s DNA, and the launch of Integro underscores our commitment to promote sustainable finance solutions while serving the needs of our clients,” said James Gorman, Chairman and CEO of Morgan Stanley. “From education and healthcare in South Asia, to financial inclusion in South America, the Fund epitomizes our belief as a firm that there are opportunities for investors of all types to pursue both positive financial return and sustainable impact.” To learn more click on the picture below to read the release.