Morgan Stanley Investment Management Closes North Haven Venture Capital Opportunities Fund I With Over $280 Million

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Private Equity Solutions, the multi-manager private markets platform within Morgan Stanley Investment Management (MSIM), announced today the final close of its first standalone venture capital investment vehicle, North Haven Venture Capital Opportunities Fund I (VCO I). VCO I raised more than $280 million in total capital commitments, exceeding its target of $250 million. Investors encompass institutions from a wide range of geographies and include public pensions, corporations, foundations, and family offices.

Commenting on the close, Onyekwere Randy Ojukwu, Managing Director of Morgan Stanley Private Equity Solutions, said: “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.”

VCO I is a global multi-manager venture capital fund that seeks exposure to top-performing venture capital and growth managers and an exceptional set of high-growth companies. VCO I focuses on opportunities across North America, Asia and Europe with both established and emerging fund managers.

“We are pleased with the widespread investor support in VCO I, continuing a strong tradition of venture capital investing at MSIM,” said Neha Champaneria Markle, Head of Morgan Stanley Private Equity Solutions. “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.”

About Morgan Stanley Private Equity Solutions

Founded in 1999, Morgan Stanley Private Equity Solutions is a leading limited partner in private markets with a 25-year history of serving as a partner of choice to high-quality private equity and venture capital managers. The team’s broad private markets investment platform encompasses globally diversified fund of funds programs, custom mandates, and specialized programs offering exposure to external private equity funds, co-investments, secondaries, and venture capital, among other strategies. Since inception, the team has committed over $27 billion to more than 1,200 private markets investments, positioning the group as one of the most experienced private markets investors in the world.

About Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has over 1,400 investment professionals around the world and $1.6 trillion in assets under management or supervision as of March 31, 2025. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, client service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit https://www.morganstanley.com/im.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in 42 countries, the firm's employees serve clients worldwide including corporations, governments, institutions, and individuals. For more information about Morgan Stanley, please visit https://www.morganstanley.com/.