Morgan Stanley to Acquire Mesa West

INVESTMENT MANAGEMENT DEALS BLOG

October 12, 2017

On September 29, 2017, Morgan Stanley Investment Management announced that it will purchase Mesa West Capital, LLC, a commercial real estate credit platform located in Los Angeles, California.

Following the transaction, Mesa West Capital, LLC (“Mesa West”) will retain its brand and operate as a separate entity within the Real Assets group of Morgan Stanley Investment Management (“MSIM”). In addition, Mesa West’s headquarters will remain in Los Angeles, and
co-founders Jeff Friedman and Mark Zytko will continue to manage the firm.

The acquisition will add $5 billion of gross assets under management to MSIM’s existing investment strategies and products. The transaction is expected to close in the fourth quarter of 2017, subject to customary closing conditions, applicable regulatory approvals, and requisite investor consent.

MSIM and its affiliates have more than $435 billion in assets under management or supervision as of June 30, 2017. Its clients include governments, institutions, corporations and individuals.

Mesa West is a commercial real estate credit platform with more than $5 billion in gross assets under management as of June 30, 2017. Since 2004, Mesa West has originated over 250 loans for approximately $12 billion in principal balances. Berkshire Capital served as advisors to Mesa West in this transaction with MSIM.

To read the press release: please click here.