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Morgan Stanley launches dedicated private-company research page amid rising startup interest
Morgan Stanley adds dedicated coverage of private companies as investor focus intensifies on growth firms pre-IPO.
On 11 November 2025, Morgan Stanley announced via an internal memo that it has rolled out a new research unit focusing exclusively on privately held companies, as institutional investors show growing appetite for high-growth start-ups that have stayed private. Since rivals such as JPMorgan Chase & Co. and Citigroup Inc. introduced private-company tracking earlier this year, Morgan Stanley’s move underscores a broader shift in Wall Street coverage towards unlisted firms shaping key technology and innovation sectors.