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Morgan Stanley’s wealth management arm is giving its clients a chance to buy and sell coveted shares of private companies before they are available to the wider public, as startups weighing initial public offerings increasingly remain private for longer.
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"The offering won’t be aimed at competing with platforms that already enable investors to buy and sell shares of still private companies...instead Morgan Stanley will take an 'open and agnostic approach' working with [internal and external] platforms."
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