Morgan Stanley Infrastructure Partners has raised $5.5 billion for its North Haven Infrastructure Partners III fund, just six months after the fund held its first close in June.
According to Morgan Stanley, North Haven Infrastructure Partners III is backed by some of the world’s largest institutional infrastructure investors, including public and private pension funds, sovereign wealth funds, and insurance companies.
“Private alternatives continue to be an area of focus for Morgan Stanley Investment Management and our clients, and we are pleased that Morgan Stanley Infrastructure Partners’ differentiated approach has resonated strongly with investors,” said Dan Simkowitz, head of Morgan Stanley Investment Management.
Like its predecessors, the fund will pursue value-add opportunities within the transportation, power generation (including renewable generation), natural gas infrastructure and digital infrastructure sectors.
The team has already anno