Morgan Stanley Investment Management's North Haven Tactical Value fund agreed to acquire a minority stake in Tikehau Capital Advisors, the main shareholder in Tikehau Capital, a spokeswoman said.
Morgan Stanley will invest at least €300 million ($334 million), which includes amounts from other investors, the spokeswoman said.
The deal has closed.
Tikehau Capital Advisors' founders and managers will retain a 60% controlling stake in the firm.
"We are proud to welcome the commitment from our newest shareholder, the North Haven Tactical Value Fund, which is managed by a Morgan Stanley Investment Management team, and to see that our shareholders, Temasek, FFP and MACSF, are reinforcing their ownership in Tikehau Capital Advisors," Antoine Flamarion and Mathieu Chabran, founders and co-heads of Tikehau Capital Advisors said in a joint news release.
"The Morgan Stanley Tactical Value Investing team is pleased to partner with Tikehau Capital Advisors in support of Tikehau Capital SCA's growth," Pedro Teixeira, co-head of Morgan Stanley Tactical Value Investing team said in the release.
Tikehau Capital had €22.4 billion in assets under management as of March 31.