
Morgan Stanley Expansion Capital
Description
Morgan Stanley Expansion Capital is a dedicated growth equity and credit platform operating within Morgan Stanley Investment Management, focusing on later-stage private companies. Based in New York, the firm provides flexible capital solutions to high-growth businesses across various sectors. Their investment philosophy centers on partnering with strong management teams to accelerate growth, offering both financial backing and strategic support by leveraging Morgan Stanley's extensive global network and resources.
The firm primarily targets companies that have achieved significant traction and are poised for further expansion, often seeking capital for scaling operations, market expansion, or strategic acquisitions. Morgan Stanley Expansion Capital is sector-agnostic to a degree, but has a strong track record in technology, healthcare, consumer, digital media, and business services. They typically deploy capital in the range of $20 million to $100 million for both growth equity and growth credit investments, providing tailored financing solutions to the specific needs of their portfolio companies. This substantial check size indicates their focus on more mature, yet still rapidly growing, enterprises.
With over $2.2 billion in assets under management, Morgan Stanley Expansion Capital has established itself as a significant player in the growth capital landscape. The team emphasizes a collaborative approach, working closely with founders and management to navigate growth challenges and capitalize on market opportunities. Their long-term perspective and ability to provide follow-on capital further solidify their commitment to portfolio company success, making them a strategic partner for businesses looking to achieve their next phase of growth.
Investor Profile
Morgan Stanley Expansion Capital has backed more than 97 startups, with 5 new investments in the last 12 months alone. The firm has led 47 rounds, about 48% of its total and boasts 38 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Private Equity, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Germany.
- Strong thematic focus on Software, Enterprise Software, SaaS.
- Led 4 rounds in the past year.
- Typical check size: $20M – $100M.
Stage Focus
- Series Unknown (35%)
- Private Equity (13%)
- Series B (10%)
- Series C (10%)
- Series D (9%)
- Series A (7%)
- Series E (6%)
- Debt Financing (5%)
- Corporate Round (2%)
- Series F (1%)
Country Focus
- United States (88%)
- United Kingdom (4%)
- Germany (3%)
- Canada (2%)
- France (2%)
- India (1%)
Industry Focus
- Software
- Enterprise Software
- Saas
- Information Technology
- Health Care
- Analytics
- Medical
- Biotechnology
- Big Data
- Internet
Frequently Asked Questions
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