Clients
Morgan Stanley Aip GP serves 199 clients, 124 of them pooled investment vehicles. The average client has about $205 million with the firm, and high-net-worth clients hold 1% of its $40.9 billion in assets.
- Investment companies4 clients5%
- Pooled investment vehicles124 clients79%
- Pension and profit-sharing plans4 clients2%
- Corporations and other businesses36 clients10%
- OtherHigh-net-worth individuals, Charitable organizations, Other investment advisers, Insurance companies, Sovereign wealth funds and foreign official institutions, Other4%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 16 | $468,463,118 | 1.1% | $29.3M |
| Investment companies | 4 | $1,975,428,401 | 4.8% | $493.9M |
| Pooled investment vehicles | 124 | $32,362,527,185 | 79.2% | $261.0M |
| Pension and profit-sharing plans | 4 | $832,219,530 | 2.0% | $208.1M |
| Charitable organizations | 8 | $248,563,815 | 0.6% | $31.1M |
| Other investment advisers | 2 | $11,012,670 | 0.0% | $5.51M |
| Insurance companies | 1 | $685,299,123 | 1.7% | $685.3M |
| Sovereign wealth funds and foreign official institutions | 3 | $258,412,422 | 0.6% | $86.1M |
| Corporations and other businesses | 36 | $4,011,059,636 | 9.8% | $111.4M |
| Other | 1 | $1,480,107 | 0.0% | $1.48M |
| Total | 199 | $40,854,466,007 | 100% | $205.3M |
- Clients
- 16
- Regulatory AUM
- $468,463,118
- Share
- 1.1%
- Avg. per client
- $29.3M
- Clients
- 4
- Regulatory AUM
- $1,975,428,401
- Share
- 4.8%
- Avg. per client
- $493.9M
- Clients
- 124
- Regulatory AUM
- $32,362,527,185
- Share
- 79.2%
- Avg. per client
- $261.0M
- Clients
- 4
- Regulatory AUM
- $832,219,530
- Share
- 2.0%
- Avg. per client
- $208.1M
- Clients
- 8
- Regulatory AUM
- $248,563,815
- Share
- 0.6%
- Avg. per client
- $31.1M
- Clients
- 2
- Regulatory AUM
- $11,012,670
- Share
- 0.0%
- Avg. per client
- $5.51M
- Clients
- 1
- Regulatory AUM
- $685,299,123
- Share
- 1.7%
- Avg. per client
- $685.3M
- Clients
- 3
- Regulatory AUM
- $258,412,422
- Share
- 0.6%
- Avg. per client
- $86.1M
- Clients
- 36
- Regulatory AUM
- $4,011,059,636
- Share
- 9.8%
- Avg. per client
- $111.4M
- Clients
- 1
- Regulatory AUM
- $1,480,107
- Share
- 0.0%
- Avg. per client
- $1.48M
Total
- Clients
- 199
- Regulatory AUM
- $40,854,466,007
- Share
- 100%
- Avg. per client
- $205.3M
What it does
Morgan Stanley Aip GP provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Morgan Stanley Aip GP provided financial planning to 0 clients last fiscal year and advises 107 private funds.
98.2% of assets ($40.10B across 184 accounts) are managed with discretion; $752.1M across 15 accounts are not. 36% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks3%
- Funds84%
- Pooled vehicles82%
- Registered funds2%
- Bonds2%
- Sovereign bonds1%
- Investment grade corporate bonds1%
- Cash2%
- Other9%
- Other consists of unfunded capital and other payable and receivables9%
Custodians
Morgan Stanley Aip GP’s client accounts are held mainly at The Bank of New York Mellon, with 6% of managed assets, and State Street Bank and Trust, with 5%. Morgan Stanley Aip GP has custody of $30.97B for 119 clients.
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $2.16B5%
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $2.54B6%
- Morgan StanleyMorgan Stanley Smith Barney LLC · New York, NY · $890.2M2%
- All other custodians$35.27B86%
Ownership and leadership
Morgan Stanley Investment Management Inc. owns 75% or more of Morgan Stanley Aip GP.
- Owns 75% or more of Morgan Stanley Aip GP LP
Morgan Stanley Investment Management Inc.
Control person · since November 2000
- Owns 75% or more of Morgan Stanley Investment Management Inc.
Morgan Stanley
Control person · since May 1997
- Owns 75% or more of Morgan Stanley Investment Management Inc.
Morgan Stanley Capital Managment, LLC
Control person · since June 2017
Leadership
- Christopher SmockChief Compliance Officer and Executive Director
- Kara FrickeGeneral Counsel and Managing Director
Staff
- 200 employees
- 169 in advisory functions
- 23 state-registered reps
- 27 broker-dealer reps
- 18 soliciting firms
Fees
Morgan Stanley Aip GP is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Morgan Stanley Aip GP’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Morgan Stanley Aip GP has 6 offices, with 4 listed addresses across 4 states.
Massachusetts · 1 listed address
- 1 Post Office Square, Boston
New York · 1 listed address
- 1585 Broadway, New York
Pennsylvania · 1 listed address
- 100 Front Street, Suite 400, West ConshohockenHQ
Texas · 1 listed address
- 2800 Post Oak BLVD, Houston
Other business names
Morgan Stanley Aip GP has reported 34 other business names to the SEC.
- Aip
- Aip Alternative Lending Group
- Aip Hedge Fund Solutions Team
- Aip Hedge Fund Team
- Aip PSG
- Aip Portfolio Solutions Group
- Aip Private Markets
- Aip Private Markets Group
- Aip Private Markets Solutions
- Aip Private Markets Team
- Alternative Investment Partners
- Alternative Lending Group
- Hedge Fund Solutions
- Hedge Fund Solutions Team
- Hedge Fund Team
- MS Aip
- Morgan Stanley Aip
- Morgan Stanley Alternatives Investment LLC
- Morgan Stanley Investment Management Inc
- Morgan Stanley Investment Management LTD
- Morgan Stanley Investment Management Portfolio Solutions Group
- Msim
- Msim Inc.
- Msim LTD
- Msim PSG
- Msim Portfolio Solutions Group
- Mspes
- Omni Team
- PSG
- Portfolio Solutions Group
- Private Equity Solutions
- Private Markets Solutions
- Riverview Omni Fund
- Solutions and Multi Assets Group
Registration details
- Legal name
- Morgan Stanley Aip GP LP
- Headquarters
- 100 Front Street, Suite 400, West Conshohocken, PA 19428
- Phone
- 610-260-7600
- Website
- www.morganstanley.com/im
- SEC file
- 801-60699
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Morgan Stanley Aip GP have?
Morgan Stanley Aip GP has 199 clients and manages $40.9 billion for them, as of August 2026. They include 124 pooled investment vehicles, 36 corporations and other businesses and 16 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 August 2026
What services does Morgan Stanley Aip GP offer?
Morgan Stanley Aip GP provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Morgan Stanley Aip GP use?
Morgan Stanley Aip GP’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $2,538,442,144, State Street Bank and Trust Company (Boston, MA), with $2,155,256,700 and Morgan Stanley Smith Barney LLC (New York, NY), with $890,245,145. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 August 2026
How many financial advisors does Morgan Stanley Aip GP have?
Morgan Stanley Aip GP has 23 investment adviser representatives registered with state securities authorities, out of 200 employees, and 169 perform investment advisory functions. 27 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Morgan Stanley Aip GP invest in?
At the end of its last fiscal year, Morgan Stanley Aip GP’s separately managed accounts held 82% pooled vehicles (private funds and similar), 9% other consists of unfunded capital and other payable and receivables, 3% exchange-traded equities, 2% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents, 1% sovereign bonds and 1% investment grade corporate bonds. It advises 107 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Morgan Stanley Aip GP?
Morgan Stanley Aip GP is owned through a holding company by Morgan Stanley and Morgan Stanley Capital Managment, LLC. Its direct owner is Morgan Stanley Investment Management Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 August 2026
How does Morgan Stanley Aip GP get paid?
Morgan Stanley Aip GP is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file