Morgan Stanley sees gold in world's infrastructure needs

05/12/2008 | Financial Times (free content) · Wall Street Journal, The

Morgan Stanley says it has outstripped its target and raised $4 billion for a private-equity fund focusing on infrastructure projects around the world. Its quest for profitable investments during the ongoing financial crisis has seen opportunity in the infrastructure needs of growing economies in the Middle East and Asia. The fund already owns parts of Venice's airport in Italy and the Port of Montreal in Canada.

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Financial Times (free content) · Wall Street Journal, The

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