Morgan Stanley Raises USD 3.1bn for global real estate bets

Morgan Stanley has raised USD 3.1bn for a new fund dedicated to global real estate bets, eclipsing the USD 2.7bn it raised for a predecessor vehicle in 2018.
By Gillian Tan / Bloomberg

The vehicle, known as North Haven Real Estate Fund X Global LP, or ‘G10,’ garnered backing from investors including sovereign wealth funds, U.S. and international pension funds, insurers, high-net-worth individuals and family offices, John Klopp, head of global real assets for Morgan Stanley Investment Management, said in an interview.

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