Core Insights - Morgan Stanley has launched a dedicated research product focused on private companies to address the growing interest from investors in unlisted startups [1] - The new page on the research portal will feature reports discussing the impact of private companies on their public market competitors and individual company research [1] - The initiative is part of a strategic need to enhance private company coverage and expand thematic leadership within the research department, which is a top priority for the upcoming year [1] Summary by Categories Company Strategy - Morgan Stanley aims to enhance its focus on private companies as a strategic necessity, indicating a shift in research priorities [1] - The bank plans to recruit based on these strategic priorities to strengthen its research capabilities [1] Market Trends - There is an increasing interest from investors in private companies, particularly in the context of venture capital activities [1] - The new research product will include multimedia content and a series focused on venture capital activities, reflecting current market trends [1] Competitive Landscape - Morgan Stanley joins competitors like JPMorgan and Citigroup in providing research on private companies, highlighting the competitive nature of this segment [1] - The initiative underscores the importance of understanding the dynamics between private and public companies in the current investment landscape [1]