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.
Angeles Investment Advisors has raised more than $167.9 million so far for Angeles Private Credit Fund 3, according to a regulatory filing. The Santa Monica, Calif.-based multi-asset management firm closed a predecessor vehicle, Angeles Private Credit Fund 2, with $215.5 million earlier this year, a securities filing and research provider PitchBook Data show.
