And the popularity paid off. In 2019 Stanley had $70 million in revenue. By the end of 2023, revenues had climbed $750 million. And then as 2024 was just getting going: a plot twist.

The firm double-upgraded Houlihan Lokey (NYSE:HLI) to Overweight from Underweight as it's poised to withstand a downturn in the M&A cycle.Conversely, Moelis (NYSE:MC) gets a double-downgrade to ...

NEW YORK, Jan 26 (Reuters) - Morgan Stanley's asset management division (MS.N), opens new tab aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds from ...