Morgan Stanley Hires S.G. Shyam Sundar and Raja Parthasarathy to Co-Head India Infrastructure Platform

Mumbai —

MUMBAI, September 29, 2014 – Morgan Stanley (NYSE: MS) today announced the hiring of S.G. Shyam Sundar and Raja Parthasarathy to co-head its India infrastructure fund advisory platform. The two experienced investment professionals have joined Morgan Stanley Infrastructure (MSI), Morgan Stanley’s dedicated infrastructure investing platform, as Managing Directors. They will assist in overseeing the India regional assets in Morgan Stanley Infrastructure Partners’ portfolio, the global fund launched in 2007, as well as play an important role in the growth of the overall platform.

Mr. Sundar and Mr. Parthasarathy have worked closely together for several years, investing successfully across a range of infrastructure sectors in India.

“We are thrilled to be joining one of the world’s premier infrastructure investing platforms,” said Mr. Sundar. “Raja and I are excited to bring to Morgan Stanley Infrastructure our deep experience in working alongside inspiring entrepreneurs to create value in companies that are accelerating India’s infrastructure development.”

“India’s infrastructure sector has immense potential and will remain critical to the continued growth of the country’s economy,” said Mr. Parthasarathy. “With the resources and commitment of Morgan Stanley, Shyam and I enthusiastically look forward to a new chapter in India’s infrastructure story.”

“We welcome Shyam and Raja to Morgan Stanley,” said Aisha de Sequeira, Co-Country Head for India, Morgan Stanley. “Their years of experience investing in and managing assets across a range of sectors in the India infrastructure space will be invaluable to both the local team and the broader platform.”

India-based assets in Morgan Stanley Infrastructure Partners’ portfolio include a toll road developer, the country’s largest Build-Operate-Transfer bridge project, a wind-focused renewable energy company, and a developer of clean power assets.

About Morgan Stanley Infrastructure

Morgan Stanley Infrastructure (MSI) is a leading global infrastructure investment platform. MSI employs a value-creation investment strategy and through an established, disciplined process, seeks to invest in diverse infrastructure assets in predominantly OECD countries. MSI's team, one of the largest in the industry, with offices in North America, Europe and Asia. Team members possess considerable knowledge and experience with respect to investing in and managing infrastructure assets and leverage their own senior-level relationships as well as the unparalleled global network of Morgan Stanley to source investment opportunities. MSI is part of Morgan Stanley Merchant Banking & Real Estate Investing.

Morgan Stanley Merchant Banking & Real Estate Investing

Morgan Stanley Merchant Banking & Real Estate Investing (MB&REI) is the Firm’s direct private investing group that puts capital to work on behalf of a diverse client base, including governments, institutions, corporations, and individuals worldwide. MB&REI employs a consistent, proven value-creation approach across a full range of strategies, including private equity, real assets, and credit. From 22 locations around the world, over 400 experienced professionals with extensive private markets expertise and access to Morgan Stanley’s global franchise provide an unparalleled network to source investment intelligence and opportunities. MB&REI’s deep resources include best-in-class reporting, operations, and risk management, providing investors with a comprehensive approach to disciplined investing.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, investment management and wealth management services. With offices in more than 43 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

Note for Editors: Biographies

S.G. Shyam Sundar is a Managing Director and Co-Head of India Infrastructure Advisory for Morgan Stanley Infrastructure (“MSI”). He has over 17 years of experience in India’s infrastructure sector. Prior to joining MSI, Shyam was one of the founding members of IDFC Private Equity (now IDFC Alternatives), a leading investment manager in India. At IDFC, Shyam led 16 investments in a range of infrastructure sectors such as power, telecom, oil & gas, roads, seaports, airports, shipping, and logistics with 13 exits including three successful IPOs. Previously, Shyam was with the infrastructure group of ICICI Bank and with ICICI Securities, at that time ICICI’s investment banking joint venture with JP Morgan. He is a member of the National Committee on Shipping for the Confederation of Indian Industry (CII), and was a member of the CII National Committee on Transport and Infrastructure. Shyam received an M.B.A. from the Indian Institute of Management and a B.E. (Mechanical) from Anna University in Chennai.

Raja Parthasarathy is a Managing Director and Co-Head of India Infrastructure Advisory for Morgan Stanley Infrastructure (“MSI”). Raja brings 20 years of experience from across the world to MSI and has been deeply involved in India’s infrastructure sector since 2005. Prior to joining MSI, Raja served as Partner at IDFC Alternatives (formerly IDFC Private Equity). Previously, he was Executive Vice President of Finance at Jet Airways and an Executive Director with UBS Investment Bank in Hong Kong, where he led the Asian transport and infrastructure investment banking team and advised clients such as Jet Airways, MTRC, the Government of Hong Kong SAR, and Singapore Post. Before joining UBS Investment Bank, Raja worked with Goldman Sachs in Singapore and with Lehman Brothers in New York, Hong Kong, and London. Raja holds an M.B.A. from INSEAD, an M.A. in Economics from Tufts University, and a B.A. in Economics from Hamilton College. He has also completed two years of Ph.D. coursework in Economics at Duke University.