Morgan Stanley Private Equity Solutions, part of Morgan Stanley Investment Management (MSIM), has announced the final closing of its first standalone venture capital investment fund, North Haven Venture Capital Opportunities Fund I (VCO I). The fund has secured over $280 million in total capital commitments, surpassing its initial target of $250 million. The investors are diverse and include public pensions, corporations, foundations, and family offices from various regions.
Onyekwere Randy Ojukwu, Managing Director of Morgan Stanley Private Equity Solutions, commented on the achievement: “Morgan Stanley Private Equity Solutions is a long-standing, well-versed investor in the venture capital ecosystem, with a demonstrated track record. Our team remains focused on access and exposure to a differentiated investment universe within venture capital, leveraging years of knowledge and experience within the team, as well as the unique capabilities of the Morgan Stanley franchise.”
The VCO I fund is designed as a global multi-manager venture capital fund targeting high-performing venture capital and growth managers along with high-growth companies. It seeks opportunities across North America, Asia, and Europe with both established and emerging fund managers.
Neha Champaneria Markle, Head of Morgan Stanley Private Equity Solutions said: “We are pleased with the widespread investor support in VCO I, continuing a strong tradition of venture capital investing at MSIM. We believe the team’s differentiated philosophy and disciplined manager selection process, along with our robust networks across the venture ecosystem position us well to outperform across cycles.”
Morgan Stanley Private Equity Solutions was founded in 1999 and has committed over $27 billion to more than 1,200 private markets investments since its inception. The firm offers globally diversified funds of funds programs among other strategies.
As part of Morgan Stanley Investment Management which manages or supervises $1.6 trillion in assets as of March 31, 2025, it provides comprehensive investment management solutions globally.