March 20, 2018
Morgan Stanley Investment Management has completed its acquisition of commercial real estate credit platform Mesa West Capital LLC. Terms were not disclosed. The deal was first announced this past September.
For MSIM’s real assets group, the acquisition adds about $5 billion in assets under management. Mesa West will operate as a separate business within the group and will remain headquartered in Los Angeles, led by co-founders Jeff Friedman and Mark Zytko.
Overseen by John Klopp, the real assets group currently manages $48 billion of client assets. When the acquisition was first announced, Friedman and Zytko called MSIM “the ideal long-term strategic partner for Mesa West” due to its “strong commitment to real estate and deep global relationships and resources.”
For comments, questions or concerns, please contact Paul Bubny