Morgan Stanley Private Credit is an investment platform for junior debt capital, senior secured loans and related instruments issued by middle-market companies in North America and Western Europe.

We seek to invest in senior and junior debt issued by middle-market companies typically with EBITDA of at least $5 million. We favor businesses that are market leaders, enjoy strong and stable cash flow streams, produce attractive returns on invested capital and demonstrate recession resilience. Our investments typically range from $15-$45 million and we have the ability to collaborate with other investors to complete larger transactions.

As providers of patient, long-term capital, we work in close partnership with our portfolio companies. We seek to take a cooperative role with management throughout the term of our investment. We seek to structure financings consistent with the portfolio company’s strategic and financial objectives. We endeavor to be a value-added partner throughout our investment horizon.  For example, we leverage the Morgan Stanley network in support of our portfolio companies including leveraging Morgan Stanley's purchasing power to help portfolio companies buy better. Further, we have the ability to make follow-on investments as necessary.

We view ourselves as value-added, long-term partners who provide more than capital.  Once investments are closed and funded, we are able to provide portfolio companies with substantial access to the network and resources of Morgan Stanley.

Our Philosophy and Approach

 
 
 
 
 
We View Ourselves as a Value-Added Provider of Capital
We View Ourselves as a Value-Added Provider of Capital
 
Risk Management Starts with High-Quality Companies
Risk Management Starts with High-Quality Companies
 
"A Phone Call Away from Anyone in the World"
"A Phone Call Away from Anyone in the World"
 
 
 

Meet the Team

 
View More
Thomas Bergen
Thomas Bergen
Managing Director, Portfolio Manager
Henry D'Alessandro
Hank D'Alessandro
CIO, Credit Partners and Senior Loan
Jeff Day
Jeff Day
Managing Director
Ashwin Krishnan
Ashwin Krishnan
Managing Director, Portfolio Manager
David Kulakofsky
David Kulakofsky
Managing Director
Jeff Levin
Jeff Levin
Managing Director | Portfolio Manager and Head of Direct Lending
Kunal Soni
Kunal Soni
Managing Director
Debra Abramovitz
Debra Abramovitz
Executive Director
Fay Chen
Fay Chen
Executive Director
View More
 
 
 
Strategies
Private Credit Strategy
Invests in mezzanine debt and related instruments issued by middle-market companies in North America and Western Europe.  
 
 
 
 

As of 8/31/2020. Team and portfolio information may change from time to time.

There is no guarantee that any of the investments listed above resulted in positive performance (for realized holdings), or will perform well in the future (for current holdings). The trademarks and service marks above are the property of their respective owners. The information on this website has not been authorized, sponsored, or otherwise approved by such owners.

By clicking on any links shown here, you agree that you are navigating to a third party site. We are providing these hyperlinks to you only as a convenience and the inclusion of any hyperlink is not and does not imply any endorsement, approval, investigation, verification or monitoring by us of any information contained in any hyperlinked site. In no event shall we be responsible for the information contained on the site or your use of such site.

The information presented herein is solely for informational and educational purposes only. It is intended for the benefit of third party issuers and those seeking information about alternatives investment strategies. The information contained herein does not constitute and should not be construed as an offering of advisory services or an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer or solicitation, purchase or sale would be unlawful under the securities, insurance or other laws of such jurisdiction.

The information presented does not constitute an offer or a recommendation to buy or sell any particular security or to adopt any specific investment strategy. The information herein has not been based on a consideration of any individual investor circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal or regulatory advice. To that end, investors should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision. There is no guarantee that any investment strategy will work under all market conditions, and each investor should evaluate their ability to invest for the long-term, especially during periods of downturn in the market.

Diversification does not protect you against a loss in a particular market; however it allows you to spread that risk across various asset classes. Past performance is no guarantee of future results.

Leveraging Morgan Stanley Resources - Subject to third party confidentiality agreement obligations and information barriers established by Morgan Stanley to manage potential conflicts of interest and applicable allocation policies.

Alternative investments are speculative and include a high degree of risk. Investors could lose all or a substantial amount of their investment. Alternative investments are suitable only for long-term investors willing to forego liquidity and put capital at risk for an indefinite period of time. Alternative investments are typically highly illiquid – there is no secondary market for private funds, and there may be restrictions on redemptions or assigning or otherwise transferring investments into private funds. Alternative investment funds often engage in leverage and other speculative practices that may increase volatility and risk of loss. Alternative investments typically have higher fees and expenses than other investment vehicles, and such fees and expenses will lower returns achieved by investors.

In the ordinary course of its business, Morgan Stanley engages in a broad spectrum of activities including, among others, financial advisory services, investment banking, asset management activities and sponsoring and managing private investment funds. In engaging in these activities, the interest of Morgan Stanley may conflict with the interests of clients.

Alternative investment funds are often unregulated, are not subject to the same regulatory requirements as mutual funds, and are not required to provide periodic pricing or valuation information to investors. The investment strategies described in the preceding pages may not be suitable for your specific circumstances; accordingly, you should consult your own tax, legal or other advisors, at both the outset of any transaction and on an ongoing basis, to determine such suitability.

No investment should be made without proper consideration of the risks and advice from your tax, accounting, legal or other advisors as you deem appropriate.

Morgan Stanley is a full-service securities firm engaged in a wide range of financial services including, for example, securities trading and brokerage activities, investment banking, research and analysis, financing and financial advisory services. Morgan Stanley Investment Management is the asset management division of Morgan Stanley.

 

It is important that users read the Terms of Use before proceeding as it explains certain legal and regulatory restrictions applicable to the dissemination of information pertaining to Morgan Stanley Investment Management's investment products.

The services described on this website may not be available in all jurisdictions or to all persons. For further details, please see our Terms of Use.


Privacy & Cookies    •    Terms of Use

©  Morgan Stanley. All rights reserved.