• Morgan Stanley's $7B North Haven Private Income Fund imposed withdrawal limits after redemption requests neared 11.6%, citing liquidity strain in its private credit allocations to manage outflows.
  • Morgan Stanley (MS) shares fell up to 4.1% intraday, later narrowing losses, after reports OpenAI may delay its IPO to 2027, affecting timing of a major AI-related deal linked to MS.
  • Morgan Stanley led the adviser group that sold Chicago’s remaining parking meter lease to Stonepeak for $2.5 billion, acting as lead organizer on the concession sale.