Morgan Stanley Investment Management raises $1.6bn for North Haven Credit Partners III

Morgan Stanley Investment Management has raised $1.6 billion for North Haven Credit Partners III (NHCP III), exceeding its original fundraising target by 29 per cent. Investors in NHCP III, the successor fund to North Haven Credit Partners II, include public and private pension funds, sovereign wealth funds, insurance companies and individual investors. The Fund, managed […]

Wall Street Poised for $11 Billion in Buybacks With Fed Decision

The six biggest U.S. banks will be able to buy back as much as $11 billion of their own shares in the first quarter of next year after the Federal Reserve gave lenders the green light to resume purchases. The central bank’s show of confidence released late Friday followed a second round of 2020 stress […]