Morgan Stanley Investment Management’s McCabe On Accessing Alternative Investments

Dennis McCabe, Executive Director, Morgan Stanley Investment Management, joined Julie Cooling, Founder and CEO of RIA Channel, to discuss alternative investment offerings at Morgan Stanley Investment Management.

Morgan Stanley has $1.4 trillion AUM, including $235 billion in alternative investments.  The firm has long-standing relationships with RIAs who own Eaton Vance or Parametric offerings and is building an alternatives specialist team. 

Morgan Stanley’s alternative offerings are broad, including a number of strategies within larger areas of private equity, private credit, real estate, and hedge funds.  Private equity offerings include growth equity, buyouts, co-investments, and special situations. A focus on middle-market companies in need of capital brings opportunity, with larger than normal deal flow for co-investments in small and mid-cap private companies. Real estate investments include both prime class-A properties as well as opportunistic funds.

Private credit is the fastest-growing segment of alternative investments at Morgan Stanley, including opportunistic and venture debt investments.  A key opportunity is in senior-secured investments from companies with a private equity sponsor.  McCabe sees opportunities in the firm’s multi-strategy, market-neutral hedge fund as correlations decline between single stocks.

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Learn about how The Advisor Solutions Team, within the Institutional Equity Division at Morgan Stanley, equips RIAs & Family Offices with equity risk management strategies and tailored portfolio solutions, which can potentially help clients mitigate risk and monetize concentrated equity positions.

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Featured Speakers:

Lou Mandia, Co-Head of The Advisor Solutions Team

Jenn Pickens, Co-Head of The Advisor Solutions Team

Morgan Stanley | Institutional Equity Division

Date: Friday, February 23, 2024

Time: 1 PM ET
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