Morgan Stanley Private Equity Solutions, part of Morgan Stanley Investment Management (MSIM), has announced the final closing of its first standalone venture capital investment vehicle, North Haven Venture Capital Opportunities Fund I (VCO I). The fund has raised over $280 million in total capital commitments, surpassing its initial target of $250 million. Investors include public pensions, corporations, foundations, and family offices from various regions.
Onyekwere Randy Ojukwu, Managing Director of Morgan Stanley Private Equity Solutions, commented on the achievement: “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 designed as a global multi-manager venture capital fund aiming for exposure to top-performing venture capital and growth managers. It focuses on opportunities across North America, Asia, and Europe with both established and emerging fund managers.
Neha Champaneria Markle, Head of Morgan Stanley Private Equity Solutions said: “We are pleased with the widespread investor support in VCO I, continuing a strong tradition of venture capital investing at MSIM. 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.”
Founded in 1999, Morgan Stanley Private Equity Solutions has committed over $27 billion to more than 1,200 private markets investments since its inception. It serves as a partner to high-quality private equity and venture capital managers globally.
Morgan Stanley Investment Management employs over 1,400 investment professionals worldwide and manages or supervises $1.6 trillion in assets as of March 31, 2025.