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Exclusive: Group backed by India’s Vikram Solar to invest $1.5 billion in new US factories
June 22 (Reuters) – (This June 22 story has been refiled to remove stock symbol in paragraph 1) A new venture backed by Indian solar panel maker Vikram Solar Ltd said on Thursday it will invest up to $1.5 billion in the U.S. solar energy supply chain, beginning with a factory in Colorado next year.
WSJ Pro Private Equity – Funds, Morgan Stanley Investment Management Arm in New York has closed on $50 Million
Morgan Staney said its investment management arm in New York has closed on $50 million for its Morgan Stanley Next Level Fund to back early-stage technology and technology-enabled companies with diverse founding management teams. Investors in the fund include companies such as Hearst, Microsoft and Walmart, according to a news release.
Morgan Stanley Next Level Fund raises $50m for tech
The Morgan Stanley Next Level Fund (Next Level) has reached its final close with a total of $50m in capital commitments, reported by Morgan Stanley Investment Management (MSIM).