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Updated Wednesday, October 3, 2007 0:00 am TWN, Bloomberg
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WSJA

Morgan Stanley raises US$1.5 bil. for Asia fund

HONG KONG -- Morgan Stanley, the second-largest securities firm, said it raised about US$1.5 billion for a dedicated Asia private equity fund. The Morgan Stanley Private Equity Asia III, L.P., to be managed by Morgan Stanley Private Equity Asia, has started reviewing investment opportunities across the region, the New York-based bank said in a statement today.
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