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Morgan Stanley plans to double private credit portfolio to $50 bln

Morgan Stanley's asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds from large investors to loan out to companies. ...

Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion

Morgan Stanley's asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds from large investors to loan out to companies. The bank has invested more than $300 million into the business, which has already gathered about $25 billion in total assets from mainly institutional investors, David Miller, Morgan Stanley's global head of private credit and equity told Reuters in an interview. "The vast majority of new capital will continue to come over the next decade from our institutional clients," Miller said.

Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion

Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion

By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) - Morgan Stanley's asset management division aims to double its private credit portfolio to $50 ...

Hurlbut Benevolent Foundation Teams with RichmondWORKS to Feed Families

Over 300 families in Richmond received $100 food coupons during the holidays thanks to a partnership involving a local foundation and RichmondWORKS. | Richmond Standard Over 300 families in Richmond received $100 food coupons during the holidays thanks to a partnership involving a local foundation and RichmondWORKS. Richmond residents Maryn and Garry Hurlbut and the Hurlbut Benevolent Foundation (HBF) Board of Directors partnered with Bouakhay Phongboupha, program manager for RichmondWORKS, to make the distribution possible. “Bouakhay and her

Bikes Now Allowed on BART Escalators | Post News Group

As of Jan. 1, bikes are allowed on most of the escalators throughout BART, a new rule change that aims to make it easier for cyclists to board trains. Bikes will only remain banned from BART’s 10 narrow escalators located at the 19th Street Oakland, Antioch and Oakland Airport Connector stations, according to the transit agency. | The Richmond Standard As of Jan. 1, bikes are allowed on most of the escalators throughout BART, a new rule change that aims to make it easier for cyclists to board trains. Bikes will only remain banned from BART’s 10 narrow escalators located at the 19th Street Oakland, Antioch and Oakland Airport Connector stations, according to

California African American Chamber of Commerce to Host 2 Economic Summit in Los Angeles

Another discussion will be a Mayor’s Roundtable, featuring African American mayors from Northern, Central, and Southern California. Regional perspectives on African American participation in the California economy will be shared by these panelists as well as challenges and opportunities for businesses in their respective cities. Deborah Robertson, Mayor of Rialto, will be the roundtable’s moderator. | By California Black Media The California African American Chamber of Commerce (CAACC) and California African American Action Fund (CAAAF) will hold their 2nd Annual State of California African American Economy Summit in L.A. on Jan. 24 and Jan 25. The Summit will be held at the Westin Los Angeles Airport located at 5400 W. Century

Oakland Post: Week of – January 17 – 23, 2024 |

The printed Weekly Edition of the Oakland Post: Week of January 17 - 23, 2024 | To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Will New City Leaders End Oakland's Long-Time Cozy Relationship with Corporate Developers?

By Ken Epstein New research, produced by supporters of Geoffrey’s Inner Circle and the Black Arts Movement and Business District, has provided powerful evidence against giving a greenlight to Tidewater Capital’s 40-story luxury apartment building at 1431 Franklin St., inches from owner Geoffrey Pete’s historic venue. According to the research, which has been shared with

Meet Garden City Academy Team with Grace City Church Leaders | Columbia Basin