City of Los Angeles and Magic Johnson Confirmed to Participate in Program Helping Inner City Companies Secure Investor Capital

The Initiative for a Competitive Inner City (ICIC) today announced participation from the Los Angeles Mayor’s Office of Economic & Business Policy (OEBP) and entrepreneur Magic Johnson for this fall’s Inner City Capital Connections (ICCC) program, which educates investment-ready inner city companies about equity and other sources of growth capital, and matches them with potential investors. Johnson will be the keynote speaker at the sixth annual ICCC, hosted in partnership with Bank of America.

ICCC will be held in Los Angeles November 15-16 at the Westin Bonaventure, 404 South Figueroa Street. The two-day event will feature a full day of sp Leggi tutto

Morgan Stanley Alternative Investment Partners Raises $585 Million for Global Secondary Opportunities Fund

Morgan Stanley Investment Management (MSIM) today announced that Morgan Stanley Alternative Investment Partners (AIP) raised $585 million in commitments for Morgan Stanley Global Secondary Opportunities Fund LP (GSOF), a fund dedicated to acquiring interests in private equity funds in the secondary market. The capital raised exceeded MSIM’s initial $500 million target.

“This successful fund raise demonstrates how MSIM leverages its competitive strengths and draws upon the full depth of resources at Morgan Stanley to deliver compelling investment solutions to our clients,” said Gregory Fleming, President of MSIM. “As an integrated platform participating in both the primary and secondary markets, AIP is well-positioned to employ its differentiated investment approach to take advantage of the expected growth in secondary oppor Leggi tutto

Morgan Stanley India Equity Research Ranked #1 by Institutional Investor

Morgan Stanley (NYSE: MS) today announced it has been ranked as India’s top equity research house by the 2010 All-Asia Research Team in Institutional Investor magazine’s 17th annual rankings. The Firm also polled as the best research house for Asia economics.

“We are extremely proud of our India equity research and analysis team,” said Ridham Desai, Managing Director and Head of India Research for Morgan Stanley. “We were among the first to predict the strong growth enjoyed by local markets following the global financial crisis. Our ranking as India’s leading research house in this prestigious poll is recognition Leggi tutto

BofA Merrill Lynch Global Research Named Top Global Broker by Financial Times/StarMine for Second Consecutive Year

For the second consecutive year, BofA Merrill Lynch Global Research was named Top Global Broker by Financial Times/StarMine. The award recognizes aggregate performance of a broker’s recommendations and earnings accuracy relative to local indices and consensus estimates.

In Developed Europe, the 2010 Financial Times/StarMine survey named Research as the top broker for recommendations and earnings estimates. In addition, Research placed No. 2 in the United States and No. 3 in Pan-Asia. All together, 37 analysts – 15 each in Developed Europe and the U.S. and seven in Pan-Asia – were recognized for their forecasting excellence. Three hundred seventy-five firms participated in the survey. Leggi tutto