{ "crd_number": 134366, "slug": "morgan-stanley-private-equity-asia-inc-new-york-ny-134366", "primary_business_name": "MORGAN STANLEY PRIVATE EQUITY ASIA, INC.", "legal_name": "MORGAN STANLEY PRIVATE EQUITY ASIA, INC.", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2005-03-24", "years_registered": 21, "period": "2026-10-01", "filing_date": "2026-05-13", "carried_forward": false, "raum_total": 1864258877.0, "raum_discretionary": 1864258877.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 74, "advisory_employees": 44, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 1864258877.0, "count": 10 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 3, "states_registered": [], "websites": [ "https://morganstanley.com/IM", "https://morganstanley.com/im/en-us/institutional-investor/about-us/people-and-teams/investment-teams/private-equity-asia-tea" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/134366", "disclosure_items": [ { "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": "NEW YORK", "url": "https://advisorcensus.com/firm/morgan-stanley-private-equity-asia-inc-new-york-ny-134366", "display_name": "Morgan Stanley Private Equity Asia, Inc.", "summary": "Morgan Stanley Private Equity Asia, Inc. is an SEC-registered investment advisory firm in New York, NY, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 13, 2026.", "citation": "AdvisorCensus. Morgan Stanley Private Equity Asia, Inc. (CRD 134366): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Morgan Stanley Private Equity Asia, Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Morgan Stanley Private Equity Asia, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Morgan Stanley Private Equity Asia, Inc. charge?", "a": "Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Morgan Stanley Private Equity Asia, Inc. located?", "a": "Morgan Stanley Private Equity Asia, Inc.'s principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 6 other offices (Schedule D, Section 1.F)." }, { "q": "Is Morgan Stanley Private Equity Asia, Inc. registered with the SEC or a state?", "a": "Morgan Stanley Private Equity Asia, Inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 134366." }, { "q": "How much does Morgan Stanley Private Equity Asia, Inc. manage?", "a": "Morgan Stanley Private Equity Asia, Inc. reports $1,864,258,877 in regulatory assets under management in its Form ADV filing dated May 13, 2026 (100% discretionary)." }, { "q": "How have Morgan Stanley Private Equity Asia, Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Morgan Stanley Private Equity Asia, Inc.: Regulatory assets under management: $5,752,408,961 in the October 2021 data and $1,864,258,877 in the October 2026 data, down 68%. Total employees: 76 in October 2021 and 74 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 Private Equity Asia, Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10)." }, { "q": "Does Morgan Stanley Private Equity Asia, Inc. report any disciplinary disclosures?", "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), and 11.D(4) (another regulator's order in the past ten years). 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/134366" }, { "q": "Does Morgan Stanley Private Equity Asia, Inc. state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 26, 2026 says: \"Generally, the Thai Fund’s investors were required to invest a minimum of $250,000 (less in the case of limited partners who are employees of Morgan Stanley and its affiliates). The General Partner reserves the right to waive any minimum investment requirement in its discretion.\"" }, { "q": "What changed in Morgan Stanley Private Equity Asia, Inc.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 49 to 44. Regulatory assets under management went from $2,192,564,770 to $1,864,258,877 (-15%). Changed its office addresses in Chongro-Ku Seoul 110-061. Added an office in West Kowloon. No longer lists an office in Kowloon." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 5752408961.0, "total_employees": 76, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4324878320.0, "total_employees": 81, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3767336337.0, "total_employees": 81, "filing_date": "2023-05-15" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3033616635.0, "total_employees": 96, "filing_date": "2024-03-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2192564770.0, "total_employees": 58, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1864258877.0, "total_employees": 74, "filing_date": "2026-05-13" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 49 to 44.", "Regulatory assets under management went from $2,192,564,770 to $1,864,258,877 (-15%).", "Changed its office addresses in Chongro-Ku Seoul 110-061.", "Added an office in West Kowloon.", "No longer lists an office in Kowloon." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 26, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": "2% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": "$250,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 2% of assets a year" ], "quotes": [ "The Adviser generally receives an annual management fee (the “Management Fee”) from the Fund equal to 2% of capital committed during the investment period (prior to any extension) and on invested capital thereafter." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $250,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "Generally, the Thai Fund’s investors were required to invest a minimum of $250,000 (less in the case of limited partners who are employees of Morgan Stanley and its affiliates). The General Partner reserves the right to waive any minimum investment requirement in its discretion." ] } ], "values": { "tiers": [ { "min": null, "max": null, "rate_pct": 2.0 } ], "range_pct": null, "max_pct": null, "account_minimum": 250000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The Adviser generally receives an annual management fee (the “Management Fee”) from the Fund equal to 2% of capital committed during the investment period (prior to any extension) and on invested capital thereafter.", "Generally, the Thai Fund’s investors were required to invest a minimum of $250,000 (less in the case of limited partners who are employees of Morgan Stanley and its affiliates). The General Partner reserves the right to waive any minimum investment requirement in its discretion." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/morgan-stanley-private-equity-asia-inc-new-york-ny-134366.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 10, "fewer_than_5": false, "raum": 1864258877.0 } ], "disclosure_line": "Reports 3 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/134366", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }