Morgan Stanley said to consider $500 million India fund, shifts some assets

Morgan Stanley’s asset administration arm is sounding out buyers about shifting a portfolio of India belongings from an present fund into a brand new automobile, in line with individuals aware of the matter.

The agency plans to maneuver eight healthcare-focused investments right into a so-called continuation automobile, the individuals stated, asking to not be recognized as a result of the conversations are non-public. It’s in search of to boost $500 million for the brand new India fund technique and has approached buyers on the plan, the individuals added.

The belongings embrace Omega Hospitals and RG Scientific Enterprises Pvt., one of many individuals stated. Morgan Stanley Funding Administration invested in Omega in 2024 with a minority possession and purchased a controlling stake in RG Scientific that very same 12 months.

A media consultant for Morgan Stanley declined to remark.

Morgan Stanley Funding Administration, a $1.9 trillion supervisor, invested within the belongings by its various arm, Morgan Stanley Non-public Fairness Asia.

The continuation fundraising comes as extra funding companies search for exit routes past preliminary public choices and mergers. Globally, the secondary market rose 48% to $240 billion in 2025 from a 12 months earlier, in line with a report by Jefferies Monetary Group Inc.