assets

The firm helped pioneer the private-credit industry over the past decade, but now direct lending accounts for only about 35% of its total assets, from nearly 50% two years ago.

From The Wall Street Journal ● Jul. 30, 2026

At the same time, capital managed through its business focused on real assets has grown from $12 billion in 2021, when the segment was formed, to $89.4 billion at the end of June.

From The Wall Street Journal ● Jul. 30, 2026

AI wunderkind Leopold Aschenbrenner has reportedly asked investors for an injection of fresh capital, and offered them to opportunity to buy some of its assets directly from the fund.

From The Wall Street Journal ● Jul. 30, 2026

The firm’s real assets segment eclipsed credit in fundraising during this year’s second quarter, while investor withdrawals from lending vehicles eased.

From The Wall Street Journal ● Jul. 30, 2026

Morgan Stanley had done as much as any Wall Street firm to persuade the rating agencies to treat consumer loans as they treated corporate ones—as assets whose risks could be dramatically reduced if bundled together.

From "The Big Short" by Michael Lewis