{
  "crd_number": 117050,
  "slug": "morgan-stanley-aip-gp-lp-west-conshohocken-pa-117050",
  "primary_business_name": "MORGAN STANLEY AIP GP LP",
  "legal_name": "MORGAN STANLEY AIP GP LP",
  "dbas": [
    "AIP",
    "AIP ALTERNATIVE LENDING GROUP",
    "AIP HEDGE FUND SOLUTIONS TEAM",
    "AIP HEDGE FUND TEAM",
    "AIP PORTFOLIO SOLUTIONS GROUP",
    "AIP PRIVATE MARKETS",
    "AIP PRIVATE MARKETS GROUP",
    "AIP PRIVATE MARKETS SOLUTIONS",
    "AIP PRIVATE MARKETS TEAM",
    "AIP PSG",
    "ALTERNATIVE INVESTMENT PARTNERS",
    "ALTERNATIVE LENDING GROUP",
    "HEDGE FUND SOLUTIONS",
    "HEDGE FUND SOLUTIONS TEAM",
    "HEDGE FUND TEAM",
    "MORGAN STANLEY AIP",
    "MORGAN STANLEY ALTERNATIVES INVESTMENT LLC",
    "MORGAN STANLEY INVESTMENT MANAGEMENT INC",
    "MORGAN STANLEY INVESTMENT MANAGEMENT LTD",
    "MORGAN STANLEY INVESTMENT MANAGEMENT PORTFOLIO SOLUTIONS GROUP",
    "MS AIP",
    "MSIM",
    "MSIM INC.",
    "MSIM LTD",
    "MSIM PORTFOLIO SOLUTIONS GROUP",
    "MSIM PSG",
    "MSPES",
    "OMNI TEAM",
    "PORTFOLIO SOLUTIONS GROUP",
    "PRIVATE EQUITY SOLUTIONS",
    "PRIVATE MARKETS SOLUTIONS",
    "PSG",
    "RIVERVIEW OMNI FUND",
    "SOLUTIONS AND MULTI ASSETS GROUP"
  ],
  "city": "West Conshohocken",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2001-12-17",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-08-07",
  "carried_forward": false,
  "raum_total": 40854466007.0,
  "raum_discretionary": 40102354717.0,
  "raum_non_discretionary": 752111290.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 200,
  "advisory_employees": 169,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 1480107.0,
      "count": 1,
      "description": "FOREIGN GOVERNMENTS",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 248563815.0,
      "count": 8
    },
    "insurance_companies": {
      "raum": 685299123.0,
      "count": 1,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 1975428401.0,
      "count": 4
    },
    "pension_profit_sharing": {
      "raum": 832219530.0,
      "count": 4,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 11012670.0,
      "count": 2,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 468463118.0,
      "count": 16
    },
    "pooled_investment_vehicles": {
      "raum": 32362527185.0,
      "count": 124
    },
    "corporations_other_businesses": {
      "raum": 4011059636.0,
      "count": 36
    },
    "sovereign_wealth_foreign_official": {
      "raum": 258412422.0,
      "count": 3,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 7,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://morganstanley.com/IM"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/117050",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "WEST CONSHOHOCKEN",
  "url": "https://advisorcensus.com/firm/morgan-stanley-aip-gp-lp-west-conshohocken-pa-117050",
  "display_name": "Morgan Stanley AIP GP LP",
  "summary": "Morgan Stanley AIP GP LP is an SEC-registered investment advisory firm in West Conshohocken, PA, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 7, 2026.",
  "citation": "AdvisorCensus. Morgan Stanley AIP GP LP (CRD 117050): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Morgan Stanley AIP GP LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Morgan Stanley AIP GP LP reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Morgan Stanley AIP GP LP located?",
      "a": "Morgan Stanley AIP GP LP's principal office is in West Conshohocken, PA, according to its Form ADV; the September 2026 filing also lists 6 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Morgan Stanley AIP GP LP registered with the SEC or a state?",
      "a": "Morgan Stanley AIP GP LP is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 117050."
    },
    {
      "q": "How much does Morgan Stanley AIP GP LP manage?",
      "a": "Morgan Stanley AIP GP LP reports $40,854,466,007 in regulatory assets under management in its Form ADV filing dated August 7, 2026 (98% discretionary)."
    },
    {
      "q": "How have Morgan Stanley AIP GP LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Morgan Stanley AIP GP LP: Regulatory assets under management: $23,725,502,934 in the October 2021 data and $40,854,466,007 in the October 2026 data, up 72%. Total employees: 164 in October 2021 and 200 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Morgan Stanley AIP GP LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (124); corporations or other businesses not listed above (36); high net worth individuals (16)."
    },
    {
      "q": "Which custodians does Morgan Stanley AIP GP LP use?",
      "a": "Morgan Stanley AIP GP LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley (affiliated with the firm), State Street and The Bank of New York Mellon as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Morgan Stanley AIP GP LP report any disciplinary disclosures?",
      "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(1), 11.D(2), 11.D(4)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/117050"
    },
    {
      "q": "What changed in Morgan Stanley AIP GP LP's recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Morgan Stanley Private Equity Secondaries. No longer lists the business name AIP Private Equity Secondaries. No longer lists the business name Private Equity Secondaries. Employees performing advisory functions went from 157 to 169. Added an office in West Kowloon. No longer lists an office in Kowloon."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 23725502934.0,
      "total_employees": 164,
      "filing_date": "2021-07-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 29616726640.0,
      "total_employees": 185,
      "filing_date": "2022-06-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 30397758633.0,
      "total_employees": 193,
      "filing_date": "2023-07-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 34216864561.0,
      "total_employees": 187,
      "filing_date": "2024-07-03"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 38666872932.0,
      "total_employees": 191,
      "filing_date": "2025-07-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 40854466007.0,
      "total_employees": 200,
      "filing_date": "2026-08-07"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Morgan Stanley Private Equity Secondaries.",
        "No longer lists the business name AIP Private Equity Secondaries.",
        "No longer lists the business name Private Equity Secondaries.",
        "Employees performing advisory functions went from 157 to 169.",
        "Added an office in West Kowloon.",
        "No longer lists an office in Kowloon."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": true
    },
    {
      "name": "State Street",
      "name_as_filed": "STATE STREET",
      "affiliated": false
    },
    {
      "name": "The Bank of New York Mellon",
      "name_as_filed": "THE BANK OF NEW YORK MELLON",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/morgan-stanley-aip-gp-lp-west-conshohocken-pa-117050.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 16,
      "fewer_than_5": false,
      "raum": 468463118.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 1975428401.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 124,
      "fewer_than_5": false,
      "raum": 32362527185.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 4,
      "fewer_than_5": true,
      "raum": 832219530.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 8,
      "fewer_than_5": false,
      "raum": 248563815.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 2,
      "fewer_than_5": true,
      "raum": 11012670.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": true,
      "raum": 685299123.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 3,
      "fewer_than_5": true,
      "raum": 258412422.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 36,
      "fewer_than_5": false,
      "raum": 4011059636.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1480107.0
    }
  ],
  "disclosure_line": "Reports 7 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/117050",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}