Debevoise Advises Morgan Stanley in the Launch of Next Level Fund to Invest in Diverse Start-Ups

24 June 2021

Debevoise & Plimpton LLP is advising Morgan Stanley Investment Management (MSIM) in the launch of the Morgan Stanley Next Level Fund, L.P.  The Fund, part of MSIM’s Private Credit & Equity platform, will invest in primarily early-stage technology and technology-enabled companies with women or diverse members as part of the founding team from target sectors including technology, consumer/retail, financial technology, healthcare and media & entertainment. Investors in the strategy include the key inaugural corporate partners: Hearst, Microsoft and Walmart. For more information, please read the company's press release

The Debevoise team is led by investment management group partner Sally Bergmann and includes associates Michelle Guo, Nathan Noh and Matthew Sacco and staff attorney Natasha Alexis and tax partner Rafael Kariyev and associate Lillian Aston. Assistance was also provided by summer associate Kayla Staley.