Please refer to the Fund Documentation for further information with respect to the relevant risks of investing in the Fund.

¹ Other currencies (e.g. USD and GBP) may be available upon request.

² Monthly subscriptions are expected, not guaranteed. Quarterly liquidity is expected but not guaranteed, and subject to the discretion of the board of directors. In exceptional circumstances and not on a systematic basis, the board of directors may suspend redemptions entirely or partially.

³ The illustrative portfolio construction statistics outlined are estimates for EPIF’s private debt investments and may not encompass all BSL/liquid investments.

⁴ Minimum Initial Investments are subject to local jurisdictional requirements.

⁵ Whilst the target allocation to liquid assets is c.10%, the Fund may invest from 5% and up to 20% of NAV in such liquid assets.

^♰♰ For the purposes of the European Sustainable Finance Disclosure Regulation (“SFDR”), the Sub-Fund is categorised as an Article 8 product. Please note that MSIM may also additionally take ESG considerations into account in investment decisions on a non-binding basis, and the information herein also includes certain information on MSIM’s sustainability practices and track record, at an organisational and investment team level, which may not necessarily be reflected in the portfolio of the Sub-Fund. Please refer to the offering documents of the Sub-Fund (including the Supplement) for details of the binding Article 8 characteristics of the Sub-Fund. Notwithstanding the foregoing, the decision to invest in the Sub-Fund should take into account all the characteristics or objectives of the Sub-Fund as described in the Prospectus and the Supplement.

The Prospectus and Supplement have been made available on a confidential basis solely for the information of the person to whom access to this site has been granted pursuant to such person having provided certain attestations (the “User”). The User must not reproduce or otherwise transmit the Prospectus and / or the Supplement to any other person in whole or in part without the prior written consent of Morgan Stanley.

The Prospectus and Supplement are made available on this site for informational purposes only. Morgan Stanley does not have any obligation to update the information or documents, including the Prospectus and the Supplement, on this site. Morgan Stanley is therefore not responsible for ensuring that a User bases their investment decisions regarding the Fund or the Sub-Fund on the most up to date versions of the Prospectus and the Supplement.

Applications for shares in the Fund should not be made without first consulting the current Prospectus and the Key Information Document (KID), which are available in English and in the official language of your local jurisdiction from the Registered Office of Cabot S.A SICAV c/o Maples, FS (Luxembourg) S.A. 12E, rue Guillaume Kroll, L-1882 Luxembourg, Grand Duchy of Luxembourg.

Information in relation to sustainability aspects of the Fund is available from the Prospectus of the Fund.

If the management company of the relevant Fund decides to terminate its arrangement for marketing that Fund in any EEA country where it is registered for sale, it will do so in accordance with the relevant AIFS rules.

This is a marketing communication. Please refer to the Prospectus, Supplement and the KID before making any final decisions as to an investment in Morgan Stanley European Private Income Fund.

IMPORTANT INFORMATION:

Confidentiality: The information contained on this site may not be reproduced or otherwise transmitted in whole or in part without the prior written consent of Morgan Stanley.

The Fund is set up as an investment company with variable capital (société d'investissement à capital variable - SICAV) and in the form of a Luxembourg public limited company (société anonyme) established pursuant to Part II of the Luxembourg law dated 17 December 2010 on undertakings for collective investment. The Fund is authorized by the Commission de Surveillance du Secteur Financier (“CSSF”).

Information herein has been prepared solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to purchase interests in the fund mentioned herein or to participate in any trading strategy. No sale of any such interests, security, instrument, or trading strategy will be made in any jurisdiction in which the offer, solicitation or sale is not authorised or to any person to whom it is unlawful to make the offer, solicitation or sale. Securities offers and/or solicitations in relation to the Sub-Fund, if made, would only be made by means of the Fund Documentation (defined below) which will contain a more complete description of the Sub-Fund, including the material terms of constituent documents, certain risk factors and potential conflicts of interest relating to an investment in the Sub-Fund.

Morgan Stanley does not render advice on tax and tax accounting matters to clients. Investors should seek tax advice based on its particular circumstances from independent advisors.

Past performance is not a guarantee of future returns. There can be no assurance the Sub-Fund will achieve its objectives, be able to implement its strategy, find investments that fit its investment criteria or avoid substantial losses.

In the event of any conflict between the information contained herein and the information contained in the Prospectus and the Supplement (as applicable), the Prospectus and the Supplement (as applicable) will control. Neither Morgan Stanley Private Credit nor its affiliates have any obligation to update the information contained herein to reflect subsequent events, conditions or facts.

Access to certain parts of Morgan Stanley may be limited in certain instances by a number of factors, including third party confidentiality obligations and information barriers established by Morgan Stanley in order to manage potential conflicts of interest and regulatory restrictions. Accordingly, the Sub-Fund’s ability to source investments from other business units within Morgan Stanley may be limited. Such investment sources are not necessarily indicative of all sources that the Sub-Fund may utilise in sourcing investments. There can be no assurance that the Sub-Fund will be able to source investments from any one or more parts of the Morgan Stanley network, implement its strategy, achieve its investment objectives, find investments that fit its investment criteria or avoid substantial losses.

An investment in the Sub-Fund involves significant risks. An investment in the Sub-Fund will involve a high degree of risk due to, among other things, the nature of the Sub-Fund’s investments and actual and potential conflicts of interest. There can be no assurance that the Sub-Fund will achieve its return objectives or return the investor’s capital. Investors must have the financial capacity and willingness to accept the risks (including the risk of capital loss and lack of liquidity) that characterize investments in a fund. Prospective investors should be aware of additional risk factors that may affect the value of their investment in the Sub-Fund. Before making an investment decision regarding the Sub-Fund, prospective investors are advised to read the Prospectus, the Supplement and subscription agreement relating to the Fund and the Sub-Fund (subject at all times to supplements, revisions and completion) (the “Fund Documentation”) and pay particular attention to the description of certain risk factors and potential conflicts of interest they will find therein.

Please refer to the Fund Documentation for further information with respect to the relevant risks of investing in the Sub-Fund.

Distribution 

This material is only intended for and will be only distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. It is the responsibility of any person in possession of this material and any persons wishing to make an application for shares in pursuant to the Prospectus to inform themselves and observe all applicable laws and regulations of any relevant jurisdictions.

MSIM and its affiliates have arrangements in place to market each other’s products and services. Each MSIM affiliate is regulated as appropriate in the jurisdiction it operates. MSIM’s affiliates are: Eaton Vance Advisers Ltd, Eaton Vance Management, Parametric SAS, Calvert Research and Management, Parametric Portfolio Associates LLC, and Atlanta Capital Management LLC.

The material has been issued by any one or more of the following entities:

EU: this material is issued by MSIM Fund Management (Ireland) Limited ('FMIL'). FMIL is regulated by the Central Bank of Ireland and is incorporated in Ireland as a private company limited by shares with company registration number 616661 and has its registered address at 24-26 City Quay, Dublin 2, DO2 NY19, Ireland.

UK: this material is issued by Morgan Stanley Investment Management (‘MSIM’) Ltd is authorized and regulated by the Financial Conduct Authority. Registered in England. Registered No. 1981121. Registered office: 25 Cabot Square, Canary Wharf, London E14 4QA.

Switzerland: In Switzerland, MSIM materials are issued by Morgan Stanley & Co. International plc, London (Zurich Branch) Authorised and regulated by the Eidgenössische Finanzmarktaufsicht ("FINMA"). Registered Office: Beethovenstrasse 33, 8002 Zurich, Switzerland.