Morgan Stanley Expansion Capital is a private investment platform targeting late-stage growth equity and credit investments in technology, healthcare, consumer, digital media and other high-growth sectors.

We specialize in making equity and credit investments in technology and other high-growth sectors, such as healthcare, digital media, e-commerce, consumer and business services. Our team predominantly invests in North America and Western Europe. Our focus is on late-stage private companies, largely with established products and services addressing established markets seeking capital to scale revenue and expand business operations.

In addition to capital, the team relies on its industry experience to drive strategic growth, improve board governance, optimize capital structures, enhance operational efficiency, recruit senior executives and advise on strategic and financial liquidity. We seek to leverage the Morgan Stanley global brand, insights, resources and relationships in all our investment activities. 

Investments typically range from $10 million - $25 million per transaction but there may be additional size flexibility through syndicate and co-investor relationships. Morgan Stanley Expansion Capital typically leads investments, but will also co-lead and participate in syndicated opportunities.

We generally do not take controlling ownership positions, so our investment strategy is predicated upon a partnership framework with founders, management teams and fellow investors.  Value creation is driven by growth with a particular focus on capital efficiency and demonstrated unit economics.

Expansion Capital’s Advisory Partners provide an additional resource across our investment portfolio.  Advisory Partners often participate in the examination of investment opportunities, serve on company boards, share their market and business insights and consult with portfolio founders and management to drive growth throughout the life cycle of an investment.

Morgan Stanley Expansion Capital and its predecessors have invested in the growth sectors for over three decades. We believe we are unique in our ability to offer private equity or credit investment to late-stage growth companies with the flexibility to lead or syndicate investments.  Our investment team and our portfolio companies benefit from Morgan Stanley's global resources, network and franchise. Our long tenure and unique relationship with Morgan Stanley affords our portfolio companies unparalleled access to thought leaders, industry experts, operational expertise and managerial talent. We believe that our experience and reputation enables us to build market leaders which are more valuable and better positioned, and thus able to drive outcomes which maximize exit value for our companies and our investors.

 
 
 
 
 
Morgan Stanley Expansion Capital: Value of the Morgan Stanley Platform
Morgan Stanley Expansion Capital: Value of the Morgan Stanley Platform
 
Morgan Stanley Expansion Capital: Investment Strategy
Morgan Stanley Expansion Capital: Investment Strategy
 
Morgan Stanley Expansion Capital: Partnership
Morgan Stanley Expansion Capital: Partnership
 
 
 

Meet the Team

 
PROFILE
Pete D. Chung
Head of Expansion Capital
PROFILE
Bill Reiland
Managing Director
PROFILE
Robert Bassman
Managing Director
PROFILE
Melissa Daniels
Managing Director
PROFILE
Lincoln Isetta
Managing Director
PROFILE
Debra Abramovitz
Executive Director
PROFILE
Nick Nocito
Vice President
Steven Cao
Steven Cao
Investment Professional
Stanley Hua
Stanley Hua
Investment Professional
Matthew Mendenhall
Matthew Mendenhall
Investment Professional
Jon Sheets
Jon Sheets
Investment Professional
HuaLing Tsoi
HuaLing Tsoi
Investment Professional
Pete Chung
Pete D. Chung
Head of Expansion Capital
Bill Reiland
Bill Reiland
Managing Director
Robert Bassman
Robert Bassman
Managing Director
Melissa Daniels
Melissa Daniels
Managing Director
Lincoln Isetta
Lincoln Isetta
Managing Director
Debra Abramovitz
Debra Abramovitz
Executive Director
Nick Nocito
Nick Nocito
Vice President
Steven Cao
Steven Cao
Investment Professional
Stanley Hua
Stanley Hua
Investment Professional
Matthew Mendenhall
Matthew Mendenhall
Investment Professional
Jon Sheets
Jon Sheets
Investment Professional
HuaLing Tsoi
HuaLing Tsoi
Investment Professional
 
 
 
Strategies
Expansion Capital Strategy
Makes privately negotiated later-stage investments in technology, health care, consumer, and other sectors.  
 
 
 
 

As of 7/24/2020. Team and portfolio information may change from time to time.

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