Exhibit 21
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley |
Delaware | |
| Bayfine DE LLC |
Delaware | |
| Bayview Holding Ltd. |
Cayman Islands | |
| Bayfine Cayman Ltd. |
Cayman Islands | |
| Bayfine DE Inc. |
Delaware | |
| Bayfine UK |
United Kingdom | |
| Belmondo LLC |
Delaware | |
| Cauca LLC |
Delaware | |
| Corporate Equipment Supplies, Inc. |
Delaware | |
| Cournot Holdings Inc. |
Delaware | |
| Cournot Capital Inc. |
Delaware | |
| Dean Witter Capital Corporation |
Delaware | |
| Dean Witter Realty Inc. |
Delaware | |
| Dean Witter Holding Corporation |
Delaware | |
| Civic Center Leasing Corporation |
Delaware | |
| Dean Witter Leasing Corporation |
Delaware | |
| Dean Witter Realty Credit Corporation |
Delaware | |
| Dean Witter Realty Fourth Income Properties Inc. |
Delaware | |
| Dean Witter Realty Growth Properties Inc. |
Delaware | |
| Dean Witter Realty Income Properties I Inc. |
Delaware | |
| Dean Witter Realty Income Properties II Inc. |
Delaware | |
| Dean Witter Realty Income Properties III Inc. |
Delaware | |
| Dean Witter Realty Yield Plus Inc. |
Delaware | |
| Dean Witter Realty Yield Plus II Inc. |
Delaware | |
| Realty Management Service Inc. |
Delaware | |
| Dean Witter Reynolds Venture Equities Inc. |
Delaware | |
| Early Adopter Fund Manager Inc. |
Delaware | |
| Fuegos LLC |
Delaware | |
| Fundlogic (Jersey) Limited |
Jersey, Channel Is. | |
| FV-I, Inc. |
Delaware | |
| GSS III Funding, Inc. |
Delaware | |
| GSS III Funding Partner, Inc. |
Delaware | |
| Global Special Situations III Funding L.P. * |
Delaware | |
| ISG Alternative Investments Inc. |
Delaware | |
| Japan Core Funding, Inc. |
Delaware | |
| Jolter Investments Inc. |
Delaware | |
| Morgan Rundle Inc. |
Delaware | |
| MR Ventures Inc. |
Delaware | |
| Morgan Stanley & Co. Incorporated |
Delaware | |
| Corporate Services Support Corp. |
Delaware | |
| Dean Witter Reynolds Insurance Agency (Ohio) Inc. |
Ohio | |
| Dean Witter Reynolds Insurance Agency (Oklahoma) Inc. |
Oklahoma | |
| Dean Witter Reynolds Insurance Agency (Texas) Inc. |
Texas |
| * | Denotes subsidiaries having more than one shareholder. |
Page 1 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Dean Witter Reynolds Insurance Services, Inc. (Puerto Rico) |
Puerto Rico | |
| Graystone Wealth Management Services LLC |
Delaware | |
| Luxco 45 Sarl |
Luxembourg | |
| Morgan Stanley Dean Witter Insurance Services (Arizona) Inc. |
Arizona | |
| Morgan Stanley Insurance Services Inc. |
Delaware | |
| Morgan Stanley Flexible Agreements Inc. |
Delaware | |
| Morgan Stanley Kew Limited |
Cayman Islands | |
| MS Alpha Holdings LLC |
Delaware | |
| Morgan Stanley JV Holdings LLC * |
Delaware | |
| Morgan Stanley Smith Barney Holdings LLC * |
Delaware | |
| AST StockPlan LLC |
Delaware | |
| Consulting Group Advisory Services LLC |
Delaware | |
| Demeter Management LLC |
Delaware | |
| Morgan Stanley GWM Feeder Strategies LLC |
Delaware | |
| Morgan Stanley HedgePremier GP LLC |
Delaware | |
| Morgan Stanley Smith Barney Australia Pty Limited |
Western Australia, Australia | |
| Bow Lane Nominees Pty. Ltd. |
Victoria, Australia | |
| Bowyang Nominees Pty Limited |
New South Wales, Australia | |
| Skeet Nominees Pty Limited |
Victoria, Australia | |
| Morgan Stanley Smith Barney FA Notes Holdings LLC |
Delaware | |
| Morgan Stanley Smith Barney Financing LLC |
Delaware | |
| Morgan Stanley Smith Barney Holdings (UK) Limited |
United Kingdom | |
| Morgan Stanley Private Wealth Management Limited |
United Kingdom | |
| Quilter Holdings Limited |
United Kingdom | |
| Quilter & Co. Limited |
United Kingdom | |
| C.I.P.M. Nominees Limited * |
Jersey, Channel Is. | |
| Coastal Nominees (International) Limited |
United Kingdom | |
| Coastal Nominees Limited |
United Kingdom | |
| Commercial Trust Co. Ltd. * |
Jersey, Channel Is. | |
| Hawkshead Trust Nominees Limited |
United Kingdom | |
| Pembroke Quilter (Ireland) Nominees Limited |
Ireland | |
| QGCI Nominees Limited * |
Jersey, Channel Is. | |
| Quilpep Nominees Limited |
United Kingdom | |
| Quilter Fund Management Ltd. |
United Kingdom | |
| Quilter Nominees Limited |
United Kingdom | |
| Morgan Stanley Smith Barney LLC |
Delaware | |
| Morgan Stanley Smith Barney Insurance Services LLC |
Delaware | |
| Morgan Stanley Smith Barney Payco LLC |
Delaware | |
| SBHU Life Agency Inc. |
Delaware | |
| Morgan Stanley Smith Barney Private Management II LLC |
Delaware | |
| Morgan Stanley Smith Barney Private Management LLC |
Delaware | |
| Morgan Stanley Smith Barney Venture Services LLC |
Delaware | |
| Morgan Stanley Swiss Holdings GmbH |
Switzerland | |
| Bank Morgan Stanley AG |
Switzerland | |
| MS Securities Services Inc. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 2 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Prime Dealer Services Corp. |
Delaware | |
| V2 Holdings (USA), Inc. |
Delaware | |
| E Musica Entertainment Group Inc. * |
Delaware | |
| Gee Street Records, Inc. |
Delaware | |
| V2 Records, Inc. |
Delaware | |
| V2 Publishing (Holdings) Limited |
United Kingdom | |
| V2 Music Publishing (Holdings) Limited |
United Kingdom | |
| V2 Music Publishing Limited |
United Kingdom | |
| Morgan Stanley ABS Capital I Inc. |
Delaware | |
| Morgan Stanley ABS Capital II Inc. |
Delaware | |
| Morgan Stanley Altabridge Ltd. |
Cayman Islands | |
| Morgan Stanley Amalthea UK Limited |
United Kingdom | |
| Morgan Stanley Amanu LLC |
Delaware | |
| Makatea JV Inc. |
Delaware | |
| Morgan Stanley Moorea Inc. * |
Delaware | |
| Morgan Stanley Pinaki Limited |
Cayman Islands | |
| Morgan Stanley Raraka Limited |
Cayman Islands | |
| Morgan Stanley Tepoto Limited |
Cayman Islands | |
| Morgan Stanley Asset Funding Inc. |
Delaware | |
| Morgan Stanley Becketts LLC |
Delaware | |
| Morgan Stanley Copse LLC |
Delaware | |
| Morgan Stanley Chapel LLC |
Delaware | |
| Woodcote Capital S.a.r.l. |
Luxembourg | |
| Morgan Stanley Gerrards Limited |
United Kingdom | |
| Morgan Stanley Atlas, Inc. |
Delaware | |
| Morgan Stanley Barents LLC |
Delaware | |
| Morgan Stanley Biscay LLC |
Delaware | |
| Morgan Stanley Alpha Investments LLP * |
United Kingdom | |
| Morgan Stanley Epsilon Investments Limited |
United Kingdom | |
| Morgan Stanley Plymouth Limited |
Cayman Islands | |
| Morgan Stanley Viking LLC |
Delaware | |
| Morgan Stanley Fastnet LLC |
Delaware | |
| Morgan Stanley Humber LLC |
Delaware | |
| Fitzroy Partnership * |
Delaware | |
| Morgan Stanley Kite LLC |
Delaware | |
| Morgan Stanley Swallow Limited |
United Kingdom | |
| Hampshire Trading B.V. * |
The Netherlands | |
| Morgan Stanley Semaine Sarl |
Luxembourg | |
| Ras Dashen Cayman Ltd. |
Cayman Island | |
| Morgan Stanley Firecrest LLC |
Delaware | |
| Morgan Stanley Plover Limited |
United Kingdom | |
| Fyled Energy Limited |
United Kingdom | |
| Fyled Limited Partnership |
United Kingdom |
| * | Denotes subsidiaries having more than one shareholder. |
Page 3 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Foxton Limited Partnership |
United Kingdom | |
| Morgan Stanley Sandpiper Limited |
United Kingdom | |
| Sand Lake Limited Partnership |
United Kingdom | |
| Morgan Stanley Starling Limited |
United Kingdom | |
| Morgan Stanley Puffin LLC |
Delaware | |
| Morgan Stanley Boscastle Holding Limited |
Cayman Islands | |
| Morgan Stanley Cornerways Cayman Limited |
Cayman Islands | |
| Morgan Stanley Monmouth UK |
United Kingdom | |
| Morgan Stanley Capital I Inc. |
Delaware | |
| Morgan Stanley Capital Group Inc. |
Delaware | |
| Cayman Energy Ltd. |
Cayman Islands | |
| Ghent Energy Limited |
Cayman Islands | |
| Heidmar Group Inc. |
Delaware | |
| Houston Bayport Energy LLC |
Delaware | |
| MGM International Group LLC |
Delaware | |
| Morgan Stanley Capital Group Czech Republic s.r.o. |
Czech Republic | |
| Morgan Stanley Capital Group (España), S.L. |
Spain | |
| Morgan Stanley Clean Development, LLC |
Delaware | |
| Morgan Stanley Capital Group Energy Europe Limited |
United Kingdom | |
| Morgan Stanley Renewables Development I (Cayman) Limited |
Cayman Islands | |
| Morgan Stanley Commodities Investment Limited |
Cayman Islands | |
| Morgan Stanley Commodity Opportunities Fund LLC |
Delaware | |
| Morgan Stanley Energy Development Corp. |
Delaware | |
| Morgan Stanley Capital Group Cyprus Limited * |
Cyprus | |
| Morgan Stanley Petroleum Development, LLC |
Delaware | |
| Wellbore Capital, LLC * |
Delaware | |
| MS TELA LLC |
Delaware | |
| MSDW Power Development Corp. |
Delaware | |
| Cogeneracion Prat S.A. |
Spain | |
| Minnewit B.V. |
The Netherlands | |
| MS Coal Trading Corp. |
Delaware | |
| MS Solar Holdings Inc. |
Delaware | |
| Solar Access CA, LLC |
Delaware | |
| MS Solar Solutions Corp. |
Delaware | |
| Naniwa Energy LLC |
Delaware | |
| Naniwa Terminal LLC |
Delaware | |
| Van Twillwer B.V. |
The Netherlands | |
| Power Contract Finance, L.L.C. |
Delaware | |
| Power Contract Financing II, Inc. |
Delaware | |
| Power Contract Financing II, L.L.C. |
Delaware | |
| South Eastern Electric Development Corporation |
Delaware | |
| South Eastern Generating Corporation |
Delaware | |
| TransMontaigne Inc. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 4 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Olco Petroleum Group Inc. |
Quebec | |
| Canterm Canadian Terminals Inc. |
Quebec | |
| TransMontaigne Product Services Inc. |
Delaware | |
| TransMontaigne Holdings Inc. |
Delaware | |
| TransMontaigne GP L.L.C. |
Delaware | |
| Utility Contract Funding II, L.L.C. |
Delaware | |
| Morgan Stanley Capital Management, LLC |
Delaware | |
| Morgan Stanley Domestic Holdings, Inc. |
Delaware | |
| Morgan Stanley Bank, N.A. |
Federal Charter | |
| Morgan Stanley Capital Partners III, Inc. |
Delaware | |
| Morgan Stanley Capital REIT Inc. |
Delaware | |
| Saxon Advance Receivables Company, Inc. |
Delaware | |
| Morgan Stanley Capital REIT IV, Inc. |
Delaware | |
| Morgan Stanley Capital Services Inc. |
Delaware | |
| MS Avondale 1 B.V. |
The Netherlands | |
| MS Avondale 2 B.V. |
The Netherlands | |
| Morgan Stanley Capital Trust III |
Delaware | |
| Morgan Stanley Capital Trust IV |
Delaware | |
| Morgan Stanley Capital Trust V |
Delaware | |
| Morgan Stanley Collateralized Financing Inc. |
Delaware | |
| Morgan Stanley Commercial Financial Services, Inc. |
Delaware | |
| Morgan Stanley Commercial Mortgage Capital, Inc. |
Delaware | |
| Morgan Stanley Content Corporation |
Delaware | |
| Morgan Stanley Darica Funding, LLC |
Delaware | |
| Ascension Loan Vehicle, LLC |
Delaware | |
| Morgan Stanley Dean Witter Equity Funding, Inc. |
Delaware | |
| Morgan Stanley Dean Witter International Incorporated |
Delaware | |
| Dean Witter Reynolds GmbH |
Germany | |
| Dean Witter Reynolds International, Inc. |
Panama | |
| Morgan Stanley (DWRRBS) Limited |
United Kingdom | |
| Morgan Stanley Derivative Products Inc. |
Delaware | |
| Morgan Stanley Distributors Inc. |
Delaware | |
| Morgan Stanley Domestic Leasing Inc. |
Delaware | |
| Morgan Stanley Durango LLC |
Delaware | |
| Morgan Stanley Afdera Cayman Limited |
Cayman Islands | |
| Morgan Stanley Amba Alagi LLC * |
Delaware | |
| Morgan Stanley Ambasel LLC * |
Delaware | |
| Morgan Stanley Elan LLC |
Delaware | |
| Cimarron Investments LLC |
Delaware | |
| Riva Investments LLC |
Delaware | |
| Morgan Stanley Emerging Markets Inc. |
Delaware | |
| Always Limited |
Cayman Islands | |
| Inter Capital Alliance Company Limited * |
Thailand |
| * | Denotes subsidiaries having more than one shareholder. |
Page 5 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Inter Capital Alliance Holding Limited * |
Thailand | |
| MS China 1 Limited |
Cayman Islands | |
| DAH Limited |
Cayman Islands | |
| Dare Limited |
Cayman Islands | |
| MS China 2 Limited |
Cayman Islands | |
| MS China 3 Limited |
Cayman Islands | |
| MS China 4 Limited |
Cayman Islands | |
| MS China 5 Limited |
Cayman Islands | |
| MSGHYLADD * |
Ireland | |
| MSJI 2 LLC |
Delaware | |
| MSJI LLC |
Delaware | |
| Philippine Asset Investment (SPV - AMC) Inc. |
The Philippines | |
| Morgan Stanley Equity Services Inc. |
Delaware | |
| Morgan Stanley Europa LLC |
Delaware | |
| Morgan Stanley Callisto Cayman Ltd. |
Cayman Islands | |
| Morgan Stanley Elara Cayman Ltd. |
Cayman Islands | |
| Morgan Stanley Eurydome Cayman Ltd. |
Cayman Islands | |
| Morgan Stanley Luxembourg Holdings Sàrl |
Luxembourg | |
| Morgan Stanley Europe Reinsurance S.A. |
Luxembourg | |
| Morgan Stanley Luxembourg Reinsurance S.A. * |
Luxembourg | |
| Morgan Stanley Metis (Gibraltar) Limited |
Gibraltar | |
| Morgan Stanley Ganymede Luxembourg Sarl |
Luxembourg | |
| Morgan Stanley Ananke Luxembourg Sarl |
Luxembourg | |
| Morgan Stanley Carme Luxembourg Sarl |
Luxembourg | |
| Morgan Stanley Himalia Cayman Limited |
Cayman Islands | |
| Morgan Stanley Sinope Cayman Limited |
Cayman Islands | |
| Morgan Stanley Adrastea Netherlands B.V. |
The Netherlands | |
| Morgan Stanley IO Cayman Limited |
Cayman Islands | |
| Morgan Stanley Iocaste Cayman Limited |
Cayman Islands | |
| Morgan Stanley Pasiphae Netherlands B.V. |
Cayman Islands | |
| Morgan Stanley Leda Cayman Ltd. |
Cayman Islands | |
| Morgan Stanley Stoneyside Cayman Limited |
Cayman Islands | |
| Morgan Stanley White Horse UK |
United Kingdom | |
| Morgan Stanley Financial Products Inc. |
Delaware | |
| Morgan Stanley Fund Services Inc. |
Delaware | |
| Morgan Stanley Fund Services (Bermuda) Ltd. |
Bermuda | |
| Morgan Stanley Fund Services (Cayman) Ltd. |
Cayman Islands | |
| Morgan Stanley Fund Services (Ireland) Limited |
Ireland | |
| Morgan Stanley Fund Services (UK) Limited |
United Kingdom | |
| Morgan Stanley Fund Services USA LLC |
Delaware | |
| Morgan Stanley Galway LLC |
Delaware | |
| Morgan Stanley Global Emerging Markets, Inc. |
Delaware | |
| Morgan Stanley Global Funding Trust |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 6 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Global Strategies Management Holdings, Inc. |
Delaware | |
| Morgan Stanley Global Strategies Management LLC |
Delaware | |
| Morgan Stanley Hedging Co. Ltd. * |
Cayman Islands | |
| Morgan Stanley International Holdings Inc. * |
Delaware | |
| Arno Limited |
Cayman Islands | |
| European Principal Assets Limited |
United Kingdom | |
| Credito Fondario e Industriale - Fonspa SpA |
Italy | |
| Limited Liability Company City Mortgage Bank |
Russian Federation | |
| Psylon Holding Limited |
Cyprus | |
| Limited Liability Company Rinocenter * |
Russian Federation | |
| Volmar Holdings Limited |
Cyprus | |
| Fosbury Investments Cooperatieve U.A. |
The Netherlands | |
| ITALSEC S.r.l. |
Italy | |
| Morgan Stanley AB |
Sweden | |
| Morgan Stanley Advantage Services Private Limited * |
India | |
| Morgan Stanley Asia Holdings I Inc. |
Delaware | |
| Morgan Stanley Asia Holdings II Inc. |
Delaware | |
| Morgan Stanley Asia Holdings III Inc. |
Delaware | |
| Morgan Stanley Asia Holdings IV Inc. |
Delaware | |
| Morgan Stanley Asia Holdings VI Inc. |
Delaware | |
| Morgan Stanley Asia Pacific (Holdings) Limited * |
Cayman Islands | |
| Morgan Stanley (Hong Kong) Holdings Limited |
Hong Kong | |
| Morgan Stanley Asia International Limited |
Cayman Islands | |
| Morgan Stanley Asia Regional (Holdings) IV Limited |
Cayman Islands | |
| Morgan Stanley Hong Kong 1238 Limited * |
Hong Kong | |
| Morgan Stanley Asia Securities Products LLC |
Cayman Islands | |
| Morgan Stanley Asia Limited |
Hong Kong | |
| Morgan Stanley Asia Products Limited |
Cayman Islands | |
| Morgan Stanley Asia (Taiwan) Ltd. |
Republic of China | |
| Morgan Stanley Hong Kong Futures Limited |
Hong Kong | |
| Morgan Stanley Hong Kong Securities Limited |
Hong Kong | |
| Morgan Stanley Hong Kong 1239 Limited |
Hong Kong | |
| Morgan Stanley Information Technology (Shanghai) Limited |
People’s Rep. of China | |
| Morgan Stanley Services Limited |
Australia | |
| MSDW-JL Holdings I Limited |
Cayman Islands | |
| Morgan Stanley Bosphorus Limited |
Cayman Islands | |
| Morgan Stanley Canmore Limited |
Cayman Islands | |
| Morgan Stanley Caledonia Limited |
Cayman Islands | |
| Morgan Stanley Japan (Holdings) Ltd. |
Cayman Islands | |
| City Forum Capital Limited |
Cayman Islands | |
| Morgan Stanley Asia Regional (Holdings) III Limited |
Cayman Islands | |
| Morgan Stanley (Singapore) Holdings Pte. Ltd. |
Singapore | |
| Morgan Stanley Asia (Singapore) Pte. |
Singapore |
| * | Denotes subsidiaries having more than one shareholder. |
Page 7 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Asia (Singapore) Securities Pte Ltd |
Singapore | |
| Morgan Stanley Capital Group (Singapore) Pte. |
Singapore | |
| Morgan Stanley Investment Management Company |
Singapore | |
| Morgan Stanley Labuan Investment Bank Limited |
Labuan/Malaysia | |
| Morgan Stanley Singapore Pte. Ltd. |
Singapore | |
| Morgan Stanley Dean Witter Japan Group, Ltd. |
Cayman Islands | |
| MSDW-JL Holdings II Limited * |
Cayman Islands | |
| Morgan Stanley Products Limited |
Cayman Islands | |
| MS Capital Cayman Ltd. |
Cayman Islands | |
| MS Remora Ltd. |
Cayman Islands | |
| MSJL Holdings 4682 Limited |
Cayman Islands | |
| MS CYM Preferred Ltd. |
Cayman Islands | |
| MSJS Preferred YK |
Japan | |
| MSJL Holdings Limited |
Cayman Islands | |
| Morgan Stanley Japan Holdings Co., Ltd. * |
Japan | |
| Hybrid Capital K.K. |
Japan | |
| TM, Limited |
Japan | |
| Hybrid Capital Second K.K. |
Japan | |
| Jipang Mortgage Finance Co., Ltd. |
Japan | |
| Morgan Stanley Asset & Investment Trust Management Co., Limited |
Japan | |
| Morgan Stanley Japan Business Group Co., Ltd. |
Japan | |
| Morgan Stanley Japan Group Co., Ltd. |
Japan | |
| Morgan Stanley Japan Securities Co., Ltd. |
Japan | |
| Morgan Stanley Capital K.K. * |
Japan | |
| K.K. MST Investment Management * |
Japan | |
| Morgan Stanley Tokyo Properties K.K. |
Japan | |
| MS Real Estate Advisors Co., Ltd. |
Japan | |
| Panorama Hospitality, K.K. |
Japan | |
| MSDW Birkdale Limited |
Cayman Islands | |
| MSDW Muirfield Limited |
Cayman Islands | |
| MSDW Lytham Limited |
Cayman Islands | |
| Swilken Limited |
Cayman Islands | |
| Morgan Stanley Asia Pacific Services Limited |
United Kingdom | |
| Morgan Stanley Asset Management S.A. |
Luxembourg | |
| Morgan Stanley Australia Finance Limited |
Australia | |
| Morgan Stanley (Australia) Real Estate Holdings Pty Limited |
Australia | |
| Morgan Stanley (Australia) Servco Pty Limited |
Australia | |
| Morgan Stanley International Real Estate Limited |
Australia | |
| Morgan Stanley Bank AG |
Germany | |
| Morgan Stanley B.V. |
The Netherlands | |
| Morgan Stanley Canada Limited |
Canada | |
| Morgan Stanley Capital (Luxembourg) S.A. * |
Luxembourg |
| * | Denotes subsidiaries having more than one shareholder. |
Page 8 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Capital, S.A. de C.V., SOFOM, E.N.R. * |
Mexico | |
| Morgan Stanley Cayman Holdings I Limited |
Cayman Islands | |
| Morgan Stanley Commodities Trading Cayman Holdings Limited |
Cayman Islands | |
| Morgan Stanley Commodities Trading Hong Kong Holdings Limited |
Hong Kong | |
| Morgan Stanley Commodities Trading (China) Limited |
People’s Rep. of China | |
| MS Gamma Holdings LLC |
Delaware | |
| Cabot 37 Limited * |
United Kingdom | |
| Cabot 34 Limited |
United Kingdom | |
| Cabot 35 Limited |
United Kingdom | |
| Morgan Stanley Hong Kong Limited |
Hong Kong | |
| Morgan Stanley Hong Kong Nominees Limited |
Hong Kong | |
| Morgan Stanley Hungary Analytics Limited |
Hungary | |
| Morgan Stanley International Limited |
United Kingdom | |
| Morgan Stanley Group (Europe) * |
United Kingdom | |
| Advantage Home Loans Limited |
United Kingdom | |
| Bayfine UK Products * |
United Kingdom | |
| Morgan Stanley Angel Limited |
Cayman Islands | |
| Suffolk Trading B.V. |
The Netherlands | |
| V2 Music (Holdings) Limited * |
United Kingdom | |
| Morgan Stanley Leitrim Sarl * |
Luxembourg | |
| Morgan Stanley Kerry Limited |
Cayman Islands | |
| Morgan Stanley Richmond Limited |
Gibraltar | |
| Morgan Stanley Bank International Limited * |
United Kingdom | |
| Morgan Stanley Bank International (China) Limited |
People’s Rep. of China | |
| Morgan Stanley Capital Group Limited |
United Kingdom | |
| Morgan Stanley (Europe) Limited |
United Kingdom | |
| Morgan Stanley Gala Limited * |
Jersey, Channel Is. | |
| Morgan Stanley Finance plc * |
United Kingdom | |
| Morgan Stanley Caballa Limited |
United Kingdom | |
| Morgan Stanley Gastoro Investments Limited |
United Kingdom | |
| Morgan Stanley Pintado Investments Limited |
United Kingdom | |
| Woburn IV Cooperatieve U.A. |
The Netherlands | |
| Woburn V Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Corporate Holdings Limited |
United Kingdom | |
| MSDW Corporate Investments I Limited |
Jersey, Channel Is. | |
| MSDW Corporate Investments II Limited |
Jersey, Channel Is. | |
| Sunningdale Cooperatieve UA |
The Netherlands | |
| Wentworth Cooperatieve U.A. |
The Netherlands | |
| Woburn Cooperatieve UA |
The Netherlands | |
| Morgan Stanley Investments (UK) Limited |
United Kingdom | |
| Morgan Stanley Investment Management Limited * |
United Kingdom | |
| Morgan Stanley Investment Management (ACD) Limited |
United Kingdom | |
| Morgan Stanley JY Holdings Limited |
United Kingdom |
| * | Denotes subsidiaries having more than one shareholder. |
Page 9 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley JY Limited |
United Kingdom | |
| Morgan Stanley Property Management (UK) Limited |
United Kingdom | |
| Morgan Stanley Services (UK) Limited |
United Kingdom | |
| Morgan Stanley (Structured Products) Jersey Limited |
Jersey, Channel Is. | |
| Morgan Stanley UK Group |
United Kingdom | |
| Morgan Stanley & Co. International plc * |
United Kingdom | |
| Cabot 38 Limited |
United Kingdom | |
| Morgan Stanley Derivative Products (Singapore) Pte. Ltd. |
Singapore | |
| Morgan Stanley Equity Trading (Singapore) Pte. Ltd. |
Singapore | |
| Morgan Stanley Derivative Products (Spain) S.L. |
Spain | |
| Morgan Stanley Humboldt Investments Limited |
United Kingdom | |
| Clearcreek, S.L. |
Spain | |
| Morgan Stanley Langton Limited |
United Kingdom | |
| Morgan Stanley Longcross Limited |
United Kingdom | |
| Morgan Stanley Derivative Products (Netherlands) B.V. |
The Netherlands | |
| Drake II Investments Limited |
Cayman Islands | |
| Morgan Stanley Maple Limited |
United Kingdom | |
| Morgan Stanley Bridel S.a.r.l. |
Luxembourg | |
| Morgan Stanley Strategic Investments Limited |
United Kingdom | |
| Morgan Stanley Lyle Investments Limited |
United Kingdom | |
| Morgan Stanley Dover Investments Limited |
United Kingdom | |
| Morgan Stanley Fisher Investments Limited |
United Kingdom | |
| Ashwood Cooperatieve U.A. |
The Netherlands | |
| Badalona Investments I Limited |
Cayman Islands | |
| Badalona Investments II Limited |
Cayman Islands | |
| Badalona Investments III Limited |
Cayman Islands | |
| Badalona Investments IV Limited |
Cayman Islands | |
| Morgan Stanley Lundy Investments Limited |
United Kingdom | |
| Wadway 1 Cooperatieve U.A. |
The Netherlands | |
| Wadway2 Cooperatieve U.A. |
The Netherlands | |
| Sabadell Investments I Limited |
Cayman Islands | |
| Sabadell Investments II Limited |
Cayman Islands | |
| Sabadell Investments III Limited |
Cayman Islands | |
| Sabadell Investments IV Limited |
Cayman Islands | |
| Woburn VI Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Elz GmbH |
Germany | |
| Morgan Stanley Saar GmbH |
Germany | |
| Morgan Stanley Equity Finance (Denmark) ApS |
Denmark | |
| Morgan Stanley Equity Financing Services (Sweden) AB |
Sweden | |
| Morgan Stanley (France) SAS |
France | |
| Morgan Stanley Havel GmbH |
Germany | |
| Morgan Stanley Dill GmbH |
Germany | |
| Morgan Stanley Main GmbH |
Germany |
| * | Denotes subsidiaries having more than one shareholder. |
Page 10 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Isar GmbH |
Germany | |
| Morgan Stanley Mosel GmbH |
Germany | |
| Morgan Stanley Kochi Limited |
Cayman Islands | |
| Camomile Liffey Investments (UK) Limited |
Cayman Islands | |
| Morgan Stanley Durham Investments Limited |
United Kingdom | |
| Honeybourne Holdings Limited * |
Gibraltar | |
| Morgan Stanley Devon Investments Limited |
United Kingdom | |
| Morgan Stanley Cumbria Investments * |
United Kingdom | |
| Morgan Stanley Berkshire Investments Limited |
Jersey, Channel Is. | |
| Morgan Stanley Cheshire Investments Limited |
Jersey, Channel Is. | |
| Morgan Stanley Dorset Investments Limited * |
United Kingdom | |
| Kerala Investments Limited |
Cayman Islands | |
| Morgan Stanley Cork Limited |
Cayman Islands | |
| Morgan Stanley Malabar Limited |
Cayman Islands | |
| Morgan Stanley Creedy Limited |
Cayman Islands | |
| Morgan Stanley Brunton Sarl * |
Luxembourg | |
| Morgan Stanley Putney Limited |
Gibraltar | |
| Morgan Stanley Hoxne Limited |
Gibraltar | |
| Morgan Stanley Lowman Limited |
Cayman Islands | |
| Morgan Stanley Mildenhall S.a.r.l. |
Luxembourg | |
| Morgan Stanley Byzantine S.a.r.l. |
Luxembourg | |
| Morgan Stanley Rosetta Investments S.a.r.l.* |
Luxembourg | |
| Morgan Stanley Finchley Limited |
Gibraltar | |
| Morgan Stanley Rasam Limited * |
Cayman Islands | |
| Morgan Stanley Vindolanda Equity S.a.r.l. |
Luxembourg | |
| Morgan Stanley Shannon Limited |
Cayman Islands | |
| Morgan Stanley Adur Limited |
Cayman Islands | |
| Morgan Stanley Shoreditch Limited * |
Cayman Islands | |
| Morgan Stanley Mandarin Limited |
United Kingdom | |
| Morgan Stanley Harlequin Investments Limited |
United Kingdom | |
| Morgan Stanley Pintail Investments Limited * |
United Kingdom | |
| Bonaire Cooperatieve U.A. |
The Netherlands | |
| Metsys Cooperatieve U.A. |
The Netherlands | |
| Orangewood Cooperatieve U.A. |
The Netherlands | |
| Saenredam Cooperatieve U.A. |
The Netherlands | |
| Saldanha Cooperatieve U.A. |
The Netherlands | |
| Tamboer Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Neudorf S.a.r.l. |
Luxembourg | |
| Morgan Stanley Piccadilly Limited |
Cayman Islands | |
| Morgan Stanley Rhein SARL |
Luxembourg | |
| Morgan Stanley Clausen Sarl |
Luxembourg | |
| Morgan Stanley Eich Sarl |
Luxembourg | |
| Morgan Stanley Rivelino Investments Limited |
United Kingdom | |
| Morgan Stanley Dolor Limited |
Cayman Islands | |
| Morgan Stanley Gerson Limited |
Cayman Islands |
| * | Denotes subsidiaries having more than one shareholder. |
Page 11 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Tostao Limited |
Cayman Islands | |
| Morgan Stanley Silvermere Limited * |
United Kingdom | |
| Morgan Stanley Bowline Limited * |
United Kingdom | |
| Morgan Stanley Penberthy Limited * |
United Kingdom | |
| Archimedes Investments Cooperatieve U.A. |
The Netherlands | |
| Hanger Straight Limited |
Cayman Islands | |
| Terrassa I Investments Limited |
Cayman Islands | |
| Terrassa II Investments Limited |
Cayman Islands | |
| Terrassa III Investments Limited |
Cayman Islands | |
| Terrassa IV Investments Limited |
Cayman Islands | |
| Morgan Stanley Shanklin Limited |
Cayman Islands | |
| Morgan Stanley Northcote Investments Limited |
United Kingdom | |
| Bermont Cooperatieve U.A. |
The Netherlands | |
| Borderwijk Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Norton Investments Limited |
United Kingdom | |
| Morgan Stanley Victoria Limited |
Cayman Islands | |
| Shavano Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Hampstead Limited * |
Cayman Islands | |
| Morgan Stanley Yarmouth Limited |
Cayman Islands | |
| Morgan Stanley Taiwan Limited * |
Republic of China | |
| Morgan Stanley Waterloo Limited * |
Cayman Islands | |
| Moor Lane Investments Limited |
Jersey, Channel Is. | |
| MSDW Portrush Limited * |
Cayman Islands | |
| Morgan Stanley Propus Limited |
Gibraltar | |
| Morgan Stanley Batherm Limited |
Cayman Islands | |
| Morgan Stanley Ursa SARL |
Luxembourg | |
| Morgan Stanley Hercules SARL |
Luxembourg | |
| Morgan Stanley Lyra SARL* |
Luxembourg | |
| Morgan Stanley Temple Limited |
Gibraltar | |
| Newburgh Investments Limited |
United Kingdom | |
| Morgan Stanley Turnberry Limited |
United Kingdom | |
| Morgan Stanley Medway Limited |
United Kingdom | |
| Morgan Stanley Cadzand II Limited |
Cayman Islands | |
| Morgan Stanley Ock Limited |
Cayman Islands | |
| Morgan Stanley Weaver Sarl |
Luxembourg | |
| Morgan Stanley Cadzand III Limited * |
Cayman Islands | |
| Morgan Stanley Knightsbridge Limited |
Cayman Islands | |
| Morgan Stanley Oostburg B.V. |
The Netherlands | |
| Morgan Stanley Oostburg and Partners S.e.c.s.* |
Luxembourg | |
| Ramey Sarl |
Luxembourg | |
| Morgan Stanley Mallard Investments Limited * |
United Kingdom | |
| Carysforth Investments Limited |
Cayman Islands | |
| Haddington Investments Limited |
Cayman Islands | |
| Morgan Stanley Millbrae Investments B.V.* |
The Netherlands | |
| Morgan Stanley Montgomerie Investments Limited |
United Kingdom |
| * | Denotes subsidiaries having more than one shareholder. |
Page 12 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Cadzand Limited |
United Kingdom | |
| Morgan Stanley Malin Investments Limited |
United Kingdom | |
| Woburn III Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Raleigh Investments Limited * |
United Kingdom | |
| Morgan Stanley Langtree Investments B.V. |
The Netherlands | |
| Drake Investments Limited * |
Cayman Islands | |
| Norwegian Energy Limited * |
England & Wales | |
| Morgan Stanley & Co. Limited * |
United Kingdom | |
| East Sussex Financing Limited |
Jersey, Channel Is. | |
| Cottenden Financing Unlimited |
Jersey, Channel Is. | |
| Morgan Stanley Securities Limited |
United Kingdom | |
| Morstan Nominees Limited |
United Kingdom | |
| Morgan Stanley UK Limited |
United Kingdom | |
| Morgan Stanley Pension Trustee Limited |
United Kingdom | |
| Morgan Stanley Trustee Limited |
United Kingdom | |
| Morgan Stanley Wertpapiere GmbH |
Germany | |
| OOO Morgan Stanley Bank |
Russian Federation | |
| Morgan Stanley Strategic Funding Limited * |
United Kingdom | |
| MS Leasing UK Limited (In Members’ Voluntary Liquidation) |
United Kingdom | |
| Morgan Stanley Finance (C.I.) Limited |
Jersey, Channel Is. | |
| MSDW Fixed Income Limited |
Jersey, Channel Is. | |
| Morgan Stanley Jubilee Investments Limited |
United Kingdom | |
| Augusta Cooperatieve U.A. |
The Netherlands | |
| Morgan Stanley Eden Investments Limited |
United Kingdom | |
| Willow Capital Limited |
Jersey, Channel Is. | |
| Morgan Stanley Investment Management (Australia) Pty Limited |
Australia | |
| Morgan Stanley Investment Management (Korea) Limited |
Republic of Korea | |
| Morgan Stanley Investments (Mauritius) Limited |
Mauritius | |
| Morgan Stanley (Israel) Ltd. |
Israel | |
| Morgan Stanley Japan Limited |
Cayman Islands | |
| Morgan Stanley Latin America Incorporated |
Delaware | |
| Banco Morgan Stanley S.A. * |
Brazil | |
| Morgan Stanley Administadora de Carteiras S.A. * |
Brazil | |
| Morgan Stanley C.T.V.M. S.A. * |
Brazil | |
| Morgan Stanley Dean Witter do Brasil Ltda. * |
Brazil | |
| Morgan Stanley Uruguay Ltda. * |
Uruguay | |
| Morgan Stanley Mauritius Company Limited |
Mauritius | |
| Alanoushka Finlease and Investments Private Limited * |
India | |
| Morgan Stanley Asia Regional (Holdings) II LLC |
Cayman Islands | |
| Morgan Stanley India Capital Private Limited * |
India | |
| Morgan Stanley India Primary Dealer Private Limited * |
India | |
| Morgan Stanley India Securities Private Limited * |
India | |
| Morgan Stanley India Company Private Limited * |
India | |
| Morgan Stanley India Financial Services Private Limited * |
India | |
| Morgan Stanley India Services Private Limited * |
India |
| * | Denotes subsidiaries having more than one shareholder. |
Page 13 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Investment Management Private Limited * |
India | |
| MSIM Global Support and Technology Services Private Limited * |
India | |
| Morgan Stanley Menkul Degerler A.S. * |
Turkey | |
| Morgan Stanley México, Casa de Bolsa, S.A. de C.V. * |
Mexico | |
| Morgan Stanley (Thailand) Limited * |
Thailand | |
| Morgan Stanley San Donato SARL * |
Luxembourg | |
| Morgan Stanley Syrah Two Limited * |
Cayman Islands | |
| Morgan Stanley Donegan Limited |
Cayman Islands | |
| Morgan Stanley Middle East Inc. |
Delaware | |
| Morgan Stanley Saudi Arabia * |
Saudi Arabia | |
| Morgan Stanley Mortgage Servicing Limited |
United Kingdom | |
| Prime Commercial Mortgage Servicing GmbH |
Germany | |
| Morgan Stanley Pacific Services Limited |
United Kingdom | |
| Morgan Stanley Poggio Secco Limited |
Cayman Islands | |
| Alpino Investments Limited * |
Cayman Islands | |
| Morgan Stanley Clare SARL |
Luxembourg | |
| Morgan Stanley Private Equity Management Korea, Ltd. |
Republic of Korea | |
| Morgan Stanley Real Estate Investment GmbH |
Germany | |
| Morgan Stanley SGR (Società di Gestione del Risparmio) SpA * |
Italy | |
| Morgan Stanley Spanish Holdings S.L.U. |
Spain | |
| Morgan Stanley SV, SAU |
Spain | |
| Morgan Stanley Structured Products (Cayman) I Limited |
Cayman Islands | |
| Morgan Stanley Pacific Limited |
Hong Kong | |
| Morgan Stanley Investment Consultancy (Beijing) Company Limited |
People’s Rep. of China | |
| Morgan Stanley Trading Beteiligungs-GmbH |
Germany | |
| Morgan Stanley Ukraine LLC * |
Ukraine | |
| MS Equity Financing Services (Luxembourg) S.à.r.l. |
Luxembourg | |
| MS Italy (Holdings) Inc. |
Delaware | |
| MSAM/Kokusai (Cayman Islands), Inc. |
Cayman Islands | |
| MSAM/Kokusai II (Cayman Islands), Inc. |
Cayman Islands | |
| MSDW Finance (Netherlands) BV |
The Netherlands | |
| MSDW Investment Holdings (US) Inc. |
Delaware | |
| Morgan Stanley UK Trader |
United Kingdom | |
| Morgan Stanley Corporate Trader * |
United Kingdom | |
| Morgan Stanley Financial Trader |
United Kingdom | |
| Morgan Stanley Equity Trader * |
United Kingdom | |
| Morgan Stanley Weser GmbH |
Germany | |
| MSDW Investments (Cayman) Limited |
Cayman Islands | |
| MSDW Investment Holdings (UK) Ltd. |
United Kingdom | |
| Cabot 1 Limited |
United Kingdom | |
| Applied Risc Technologies Limited |
United Kingdom |
| * | Denotes subsidiaries having more than one shareholder. |
Page 14 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Cornwall Financing UK Limited |
Jersey, Channel Is. | |
| Morgan Stanley Cornwall Investments UK Limited * |
Jersey, Channel Is. | |
| Morgan Stanley Investment Holdings Jersey Limited |
Jersey, Channel Is. | |
| Lancashire Trading B.V. |
The Netherlands | |
| Norfolk Trading B.V. |
The Netherlands | |
| Wiltshire Trading B.V. |
The Netherlands | |
| Morgan Stanley Funding Limited |
Jersey, Channel Is. | |
| Yorkshire Trading B.V. |
The Netherlands | |
| MSL Incorporated |
Delaware | |
| Morgan Stanley SPV I (Cayman Islands) LLC * |
Cayman Islands | |
| Farlington Company * |
Ireland | |
| Providence DE LLC |
Delaware | |
| Providence Canada Co. |
Canada | |
| Providence Cayman Investments Limited * |
Cayman Islands | |
| Providence DE Investments Co. |
Delaware | |
| PT Morgan Stanley Asia Indonesia * |
Indonesia | |
| PT Morgan Stanley Indonesia * |
Indonesia | |
| Morgan Stanley International Incorporated * |
Delaware | |
| Morgan Stanley South Africa (Pty) Limited |
South Africa | |
| Morgan Stanley Asia Holdings V Inc. |
Delaware | |
| Morgan Stanley (Australia) Holdings Pty Limited |
Australia | |
| Morgan Stanley Australia Limited |
Australia | |
| Morgan Stanley (Australia) Securities Holdings Pty Limited |
Australia | |
| Morgan Stanley Australia Securities Limited |
Australia | |
| Morgan Stanley Australia Securities (Nominee) Pty Limited |
Australia | |
| Morgan Stanley Capital Holdings * |
United Kingdom | |
| Morgan Stanley Dean Witter Financial Holdings, LLC * |
Delaware | |
| Morgan Stanley Hong Kong Finance Limited * |
Hong Kong | |
| Morgan Stanley UK Capital Limited |
United Kingdom | |
| Morgan Stanley Dean Witter HK RAV IV, LLC |
Delaware | |
| The HK RAV IV Trust * |
Hong Kong | |
| Morgan Stanley International Finance SA * |
Luxembourg | |
| Morgan Stanley International Insurance Ltd. |
Bermuda | |
| MSIIL Captive Insurance, Inc. |
Arizona | |
| Morgan Stanley SerCo Solutions Pty Limited |
Australia | |
| Morgan Stanley SPV II (Cayman Islands) LLC |
Cayman Islands | |
| MSDWIH Limited |
Cayman Islands | |
| Cabot 2 Limited |
United Kingdom | |
| MS Cabot Inc. |
Delaware | |
| Morgan Stanley Investment Advisors Inc. |
Delaware | |
| Morgan Stanley Services Company Inc. |
Delaware | |
| Morgan Stanley Investment Management Inc. |
Delaware | |
| Morgan Stanley AIP Funding Inc. |
Delaware | |
| Morgan Stanley Alternative Investments Inc. |
Delaware | |
| GTB Capital Partners GP LP * |
Delaware | |
| Morgan Stanley AIP (Cayman) GP Ltd. |
Cayman Islands | |
| Morgan Stanley Select Investment Strategies Ltd. |
Cayman Islands |
| * | Denotes subsidiaries having more than one shareholder. |
Page 15 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley AIP Falconer 2008 GP LP * |
Delaware | |
| Morgan Stanley AIP GP LP |
Delaware | |
| Morgan Stanley Alternative Investment Partners LP |
Delaware | |
| Morgan Stanley Comprehensive Alternatives Fund I LP |
Delaware | |
| Morgan Stanley EPMF I GP LP * |
Delaware | |
| Morgan Stanley GDOF GP LP * |
Delaware | |
| Morgan Stanley PMF III GP LP * |
Delaware | |
| Morgan Stanley SCRSIC Strategic Partnership Fund GP Inc. |
Delaware | |
| Morgan Stanley Distribution, Inc. |
Pennsylvania | |
| Morgan Stanley (Jersey) Limited |
Jersey, Channel Is. | |
| Morgan Stanley Leveraged Equity Fund II, Inc. |
Delaware | |
| Morgan Stanley Private Equity Asia (Cayman) Limited |
Cayman Islands | |
| Morgan Stanley Private Equity Asia Limited * |
Hong Kong | |
| Morgan Stanley Private Equity Advisory (Beijing) Limited |
Beijing, PRC | |
| Morgan Stanley Leveraged Equity Holdings Inc. |
Delaware | |
| Morgan Stanley Life Holding Incorporated |
Delaware | |
| Longevity Insurance Company |
Texas | |
| Morgan Stanley Malbec LLC |
Delaware | |
| Morgan Stanley ML Acquisition Inc. |
Delaware | |
| Morgan Stanley Mortgage Capital Holdings LLC |
New York | |
| Morgan Stanley Capital REIT II Inc. |
Delaware | |
| Morgan Stanley Capital REIT III Inc. |
Delaware | |
| Morgan Stanley Dean Witter Asset Capital Inc. |
Delaware | |
| Morgan Stanley Residential Mortgage Inc. |
Delaware | |
| MSSHG I Ltd. |
Cayman Islands | |
| Saxon Capital, Inc. |
Maryland | |
| Saxon Capital Holdings, Inc. |
Delaware | |
| SCI Services, Inc. |
Virginia | |
| Saxon Mortgage, Inc. |
Virginia | |
| Saxon Holding, Inc. |
Delaware | |
| TRS Securities and Certificates, Inc. |
Maryland | |
| Saxon Mortgage Services, Inc. |
Texas | |
| Saxon Funding Management LLC |
Delaware | |
| Morgan Stanley Securitized Assets LLC |
Delaware | |
| Saxon Asset Securities Company |
Virginia | |
| Morgan Stanley Municipal Funding Inc. |
Delaware | |
| Morgan Stanley Municipal Management, Inc. |
Delaware | |
| Morgan Stanley Overseas Finance Ltd. |
Cayman Islands | |
| Morgan Stanley Overseas Services (Jersey) Limited |
Jersey, Channel Is. | |
| Morgan Stanley Preferred Strategies Inc. |
Delaware | |
| Morgan Stanley Principal Funding, Inc. |
Delaware | |
| Morgan Stanley (Hungary) Financial Services Limited Liability Company * |
Hungary | |
| MSXL Asia Pacific Limited |
Cayman Islands |
| * | Denotes subsidiaries having more than one shareholder. |
Page 16 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MSXL China Ltd. |
Cayman Islands | |
| SPV Columbus S.r.L. * |
Italy | |
| Morgan Stanley Principal Strategies, Inc. |
Delaware | |
| Morgan Stanley Private Equity Asia, Inc. |
Delaware | |
| Morgan Stanley Real Estate Advisor, Inc. |
Delaware | |
| MSREA Holdings, Inc. |
Delaware | |
| MS Multifamily Investment Platform, Inc. |
Delaware | |
| MSREA Holdings, LLC |
Delaware | |
| MSREA LL Holdings, LLC |
Delaware | |
| Morgan Stanley Real Estate Funding II, Inc. |
Delaware | |
| Morgan Stanley Real Estate Funding II, L.P. * |
Delaware | |
| MS Moon Holdings LLC |
Delaware | |
| DBFLA Services LLC |
Delaware | |
| Morgan Stanley Real Estate F Funding, Inc. |
Delaware | |
| Morgan Stanley Real Estate F Funding Partner, Inc. |
Delaware | |
| Morgan Stanley Real Estate F International Funding, L.P. * |
Delaware | |
| Morgan Stanley Real Estate Investment Management Inc. |
Delaware | |
| Morgan Stanley Real Estate Fund, Inc. |
Delaware | |
| MSREF I, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Investment Management II, Inc. |
Delaware | |
| MSREF II-CO, L.L.C. |
Delaware | |
| Morgan Stanley Realty Incorporated |
Delaware | |
| BH-MS Realty Inc. |
Delaware | |
| BH-MS Leasing Inc. |
Delaware | |
| Brooks Harvey & Co., Inc. |
Delaware | |
| Dean Witter Global Realty Inc. |
Delaware | |
| Japan Realty Finance Company II |
Cayman Islands | |
| Lombard Servicing Inc. |
Japan | |
| Morgan Stanley Properties, Inc. |
Delaware | |
| Morgan Stanley Capital (Real Estate) Pte. Ltd. |
Singapore | |
| Morgan Stanley Properties Corso Venezia S.r.l. * |
Italy | |
| Morgan Stanley Properties France SAS |
France | |
| Morgan Stanley Properties Germany GmbH |
Germany | |
| Morgan Stanley Properties Hong Kong Limited |
Hong Kong | |
| Morgan Stanley Capital Ltd. * |
Republic of Korea | |
| MSK Management II, Ltd. * |
Republic of Korea | |
| Morgan Stanley Properties (Mauritius) India |
Mauritius | |
| Morgan Stanley Properties India Real Estate Management Private Limited |
India | |
| MSP China Holdings Limited |
Cayman Islands | |
| Morgan Stanley Properties Advisory Corp. Limited |
Cayman Islands | |
| Beijing Kaili Asset Servicing Co., Ltd. * |
People’s Rep. of China | |
| Morgan Stanley Properties (China) Co. Ltd. |
People’s Rep. of China |
| * | Denotes subsidiaries having more than one shareholder. |
Page 17 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MSDI Investment Services * |
People’s Rep. of China | |
| Panorama Hospitality Global, Inc. |
Delaware | |
| Panorama Hospitality Limited |
United Kingdom | |
| MS Japan REIT Holding KK |
Japan | |
| MS Japan Strategic Core Acquisition KK |
Japan | |
| Tokyo Realty Investment Company II |
Cayman Islands | |
| Morgan Stanley Reinsurance Ltd. |
Bermuda | |
| Morgan Stanley Renewables Inc. |
Delaware | |
| Morgan Stanley Biomass LLC |
Delaware | |
| Morgan Stanley BrightSource LLC |
Delaware | |
| Morgan Stanley Geothermal LLC |
Delaware | |
| Morgan Stanley Renewable Development Fund LLC |
Delaware | |
| Third Planet Windpower, LLC * |
Delaware | |
| Morgan Stanley Wind LLC |
Delaware | |
| MS Greenrock LLC |
Delaware | |
| Carson Solar I, LLC |
Delaware | |
| MS Solar I LLC |
Delaware | |
| MF Mesa Lane, LLC |
Delaware | |
| MS SolarCity LLC |
Delaware | |
| Solar Star California III LLC |
Delaware | |
| Solar Star California V LLC |
Delaware | |
| Solar Star California VI LLC |
Delaware | |
| Solar Star California IX LLC |
Delaware | |
| Solar Star WMT I, LLC |
Delaware | |
| Morgan Stanley Risk Services LLC |
Delaware | |
| Morgan Stanley SECAP Funding, LLC |
Delaware | |
| Morgan Stanley Secured Financing LLC |
Delaware | |
| Morgan Stanley Securities, Inc. |
Delaware | |
| MS Equity Products (Luxembourg) S.à.r.l |
Luxembourg | |
| Morgan Stanley Foreign Complex Trust * |
Delaware | |
| Morgan Stanley Securitization Funding Inc. |
Delaware | |
| Morgan Stanley Senior Funding, Inc. |
Delaware | |
| Inversiones Sudamerica Uno Ltda * |
Republic of Chile | |
| Morgan Stanley European Event Driven Finance, Inc. |
Delaware | |
| Morgan Stanley European Funding, Inc. |
Delaware | |
| Morgan Stanley European Leveraged Products Inc. |
Delaware | |
| Morgan Stanley European Transaction Finance, Inc. |
Delaware | |
| Morgan Stanley MSSF LLC |
Delaware | |
| Morgan Stanley Senior Funding (Capital), Inc. |
Delaware | |
| Morgan Stanley Senior Funding (Nova Scotia) Co. |
Canada | |
| MSSFG (SPV-AMC) Inc * |
The Philippines | |
| Tenedora Dalia, S.A. de C.V., SOFOM, E.N.R. * |
Mexico | |
| Morgan Stanley Services Canada Holding Corp. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 18 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Services Canada Corp. |
Nova Scotia | |
| Morgan Stanley Services Inc. |
Delaware | |
| Morgan Stanley Special Situations Group Inc. |
Delaware | |
| Morgan Stanley Stingray LLC |
Delaware | |
| Morgan Stanley Syrah One Limited |
Cayman Islands | |
| Morgan Stanley Barbera One Limited |
Cayman Islands | |
| Morgan Stanley Grenache One Limited |
Cayman Islands | |
| Morgan Stanley Grenache Three Limited |
Cayman Islands | |
| Morgan Stanley Grenache Two Limited |
Cayman Islands | |
| Morgan Stanley Technical Services Inc. |
Delaware | |
| Morgan Stanley Technical Services MB/VC Inc. |
Delaware | |
| Morgan Stanley Tindur LLC * |
Delaware | |
| Morgan Stanley Arete Limited |
Cayman Islands | |
| Morgan Stanley Hubbard Inc. * |
Delaware | |
| Drumlin JV Inc. |
Delaware | |
| Morgan Stanley Immarsuak LLC |
Delaware | |
| Morgan Stanley Hatteras I LLC * |
Delaware | |
| Morgan Stanley Pennine LLC * |
Delaware | |
| Morgan Stanley Scafell Limited |
Cayman Islands | |
| Morgan Stanley Snowdon Inc. * |
Delaware | |
| Hamar JV Inc. |
Delaware | |
| Morgan Stanley Torridon LLC |
Delaware | |
| Morgan Stanley Hatteras II LLC * |
Delaware | |
| Morgan Stanley Tower, LLC |
Delaware | |
| MS Financing Inc. |
Delaware | |
| Broadway 522 Fifth JV LLC * |
Delaware | |
| G.H.Y. Capital II B.V. |
The Netherlands | |
| Morgan Stanley 1585 Broadway LLC |
Delaware | |
| Morgan Stanley 750 Building Corp. |
Delaware | |
| G.H.Y. Capital B.V. |
The Netherlands | |
| MS Beta Holdings LLC |
Delaware | |
| Morgan Stanley CS Aviation Holdings, LLC |
Delaware | |
| MSDW LTCP, L.L.C. |
Delaware | |
| MS Harrison LLC |
Delaware | |
| Morgan Stanley Trust |
Federal Charter | |
| Morgan Stanley Credit Corporation |
Delaware | |
| Morgan Stanley Credit Corporation of Iowa |
Iowa | |
| Morgan Stanley Credit Corporation of Minnesota |
Minnesota | |
| Morgan Stanley Credit Corporation of Pennsylvania |
Pennsylvania | |
| Morgan Stanley Credit Corporation of Tennessee |
Tennessee | |
| NOVUS Financial Corporation of Washington |
Washington | |
| NOVUS Receivables Financing Inc. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 19 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Trust National Association |
Federal Charter | |
| Morgan Stanley Venture Capital III, Inc. |
Delaware | |
| Morstan Development Company, Inc. |
Delaware | |
| MS 10020, Inc. |
Delaware | |
| MS Debt Opportunities Corp. |
Delaware | |
| MS Hawk I LLC |
Delaware | |
| MS Holdings Incorporated |
Delaware | |
| ARS FIHF GP Inc. |
Delaware | |
| ARS GMEMN GP Inc. |
Delaware | |
| Morgan Stanley ARS Funding Inc. |
Delaware | |
| Morgan Stanley Hedge Fund Partners Cayman Ltd |
Cayman Islands | |
| Morgan Stanley Hedge Fund Partners GP LP * |
Delaware | |
| Morgan Stanley HFP Investment Inc. |
Delaware | |
| Morgan Stanley Hedge Fund Partners LP * |
Delaware | |
| Morgan Stanley IMDCP Funding, LLC |
Delaware | |
| Morgan Stanley Infrastructure Inc. |
Delaware | |
| Morgan Stanley Infrastructure GP LP * |
Delaware | |
| Morgan Stanley Offshore Infrastructure GP, Ltd. |
Cayman Island | |
| Morgan Stanley Infrastructure Holdings Inc. |
Delaware | |
| Morgan Stanley Merchant Banking Insurance Holdings, LLC |
Delaware | |
| Morgan Stanley Merchant Banking Insurance Company |
Vermont | |
| Morgan Stanley Private Equity Asia III, Inc. |
Delaware | |
| Morgan Stanley Private Equity Asia III, L.L.C. |
Delaware | |
| MSPEA SLP III, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Securities Global Best Ideas GP Inc. |
Delaware | |
| MS Alternatives Funding, Inc. |
Delaware | |
| MS Alternatives Funding Partner, Inc. |
Delaware | |
| Morgan Stanley Capital Partners V Funding LP * |
Delaware | |
| MS Infrastructure I Funding LP * |
Delaware | |
| MS Alternatives Holding C Inc. |
Delaware | |
| MS Alternatives Holding C (Cayman) Ltd. |
Cayman Islands | |
| MS Alternatives Holding D Inc. |
Delaware | |
| MS Alternatives Holding E Inc. |
Delaware | |
| MS ARS Holding A Inc. |
Delaware | |
| MS ARS Holding B Inc. |
Delaware | |
| MS Capital Partners Adviser Inc. |
Delaware | |
| MS Fixed Income Group Management Inc. |
Delaware | |
| MSCP V GP, Inc. |
Delaware | |
| MS Capital Partners V GP LP * |
Cayman Islands | |
| MS Capital Partners V LP * |
Delaware | |
| MS Credit Partners GP Inc. |
Delaware | |
| MS Credit Partners GP L.P. * |
Delaware | |
| MS Credit Partners Holdings Inc. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 20 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MSGFI Management Inc. |
Delaware | |
| Private Investment Partners Inc. |
Delaware | |
| Private Investment Partners GP Inc. |
Delaware | |
| TAM Investment Holdings, Inc. |
Delaware | |
| FrontPoint Partners LLC |
Delaware | |
| Brookville Horizons Fund GP, LLC |
Delaware | |
| Brookville Onshore Horizons Fund I GP, LLC |
Delaware | |
| FPP Healthcare Fund 2X GP, LLC |
Delaware | |
| FrontPoint Asian Event Driven Fund GP, LLC |
Delaware | |
| FrontPoint Asia Pacific GP, LLC |
Delaware | |
| FrontPoint BCO GP, LLC |
Delaware | |
| FrontPoint Brookville Loan Fund GP, LLC |
Delaware | |
| FrontPoint Consumer and Industrials Fund GP, LLC |
Delaware | |
| FrontPoint Copia Energy Horizons Fund GP, LLC * |
Delaware | |
| FrontPoint Currency Fund GP, LLC |
Delaware | |
| FrontPoint Enhanced Alpha Fund I GP, LLC |
Delaware | |
| FrontPoint Enhanced Index Fund U.S. Equity Series GP, LLC |
Delaware | |
| FrontPoint Enhanced TIPS GP, LLC |
Delaware | |
| FrontPoint Euroasia Opportunity Fund GP, LLC |
Delaware | |
| FrontPoint European Fund GP, LLC |
Delaware | |
| FrontPoint Financial Horizons Fund GP, LLC |
Delaware | |
| FrontPoint Financial Services Fund GP, LLC |
Delaware | |
| FrontPoint Global Emerging Markets Fund GP, LLC |
Delaware | |
| FrontPoint Global Enhanced Inflation Linked Bond Index Fund GP, LLC |
Delaware | |
| FrontPoint Global Equity Portfolio Fund GP, LLC |
Delaware | |
| FrontPoint Greater China Fund GP, LLC |
Delaware | |
| FrontPoint Healthcare Centennial Fund GP, LLC |
Delaware | |
| FrontPoint Healthcare Fund GP, LLC |
Delaware | |
| FrontPoint Healthcare Horizons Fund GP, LLC |
Delaware | |
| FrontPoint Healthcare Long Horizons Fund GP, LLC |
Delaware | |
| FrontPoint Japan Fund 2X GP, LLC |
Delaware | |
| FrontPoint Japan Fund GP, LLC |
Delaware | |
| FrontPoint Japan Small/Mid Cap Fund GP, LLC |
Delaware | |
| FrontPoint JEMN GP, LLC |
Delaware | |
| FrontPoint Leveraged Multi-Strategy Fund GP, LLC |
Delaware | |
| FrontPoint Management (Hong Kong), Ltd. |
Cayman Islands | |
| FrontPoint Management Inc. |
Delaware | |
| FrontPoint Management Japan Limited |
Cayman Islands | |
| FrontPoint Management (Singapore) Pte. Ltd. |
Singapore | |
| FrontPoint Management (UK) LLP |
United Kingdom | |
| FrontPoint Michigan Strategic Partnership Fund GP, LLC |
Delaware | |
| FrontPoint Multi-Strategy Fund GP, LLC |
Delaware | |
| FrontPoint Partners Trading Fund GP, LLC |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 21 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| FrontPoint Quantitative Macro Fund GP, LLC |
Delaware | |
| FrontPoint RCL Equity Long/Short Fund GP, LLC |
Delaware | |
| FrontPoint Relative Value Opportunities Fund GP, LLC |
Delaware | |
| FrontPoint Service Company (UK) Limited |
United Kingdom | |
| FrontPoint Service Company (UK) No 2 Limited |
United Kingdom | |
| FrontPoint Strategic Alpha Manager, LLC |
Delaware | |
| FrontPoint Strategic Credit Fund GP, LLC |
Delaware | |
| FrontPoint Technology Fund GP, LLC |
Delaware | |
| FrontPoint Universal GP, LLC |
Delaware | |
| FrontPoint Utility and Energy Fund GP, LLC * |
Delaware | |
| FrontPoint Volatility Opportunities Fund GP, LLC |
Delaware | |
| Stadia Capital GP, LLC |
Delaware | |
| MS Lion LLC |
Delaware | |
| Morgan Stanley Beta Investments Limited |
United Kingdom | |
| Morgan Stanley Bucine Limited |
United Kingdom | |
| Morgan Stanley Cooper Limited |
United Kingdom | |
| Morgan Stanley Gamma Investments * |
United Kingdom | |
| Morgan Stanley Portland Investments Limited |
United Kingdom | |
| MS Leopard Inc. * |
Delaware | |
| MS Lynx Ltd. |
Cayman Islands | |
| Puma JV LLC |
Delaware | |
| MS Tiger Ltd. |
Cayman Islands | |
| Oncilla LLC * |
Delaware | |
| MS Low Income Housing Corporation |
Delaware | |
| Conchita I LLC |
Delaware | |
| Esox LLC |
Delaware | |
| Guanaco I LLC |
Delaware | |
| Mombacho I LLC |
Delaware | |
| MS Guaranteed Tax Credit Fund XVI, LLC |
Delaware | |
| MS Guaranteed Tax Credit Fund XXIII, LLC |
Delaware | |
| Morgan Stanley Georgia Tax Credit Fund III, LLC |
Delaware | |
| Morgan Stanley New Markets, Inc. |
Delaware | |
| MS New Markets I LLC * |
Delaware | |
| MS New Markets II LLC |
Delaware | |
| MS New Markets III LLC |
Delaware | |
| MS New Markets IV LLC |
Delaware | |
| MS New Markets V LLC |
Delaware | |
| MS New Markets VI LLC |
Delaware | |
| MS New Markets VII LLC |
Delaware | |
| MS New Markets VIII LLC |
Delaware | |
| MS New Markets IX LLC |
Delaware | |
| MS New Markets X LLC |
Delaware | |
| MS CTH MHP II LLC |
Delaware | |
| MS CTH SLP Operating LLC |
Delaware | |
| MS CTH Special General Partner II LLC |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 22 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MS LIHTC FCG LLC |
Delaware | |
| MS LIHTC FCG Fund I LLC * |
Delaware | |
| MS LIHTC FCG Fund II LLC * |
Delaware | |
| MS LIHTC FCG II LLC |
Delaware | |
| Paquia LLC |
Delaware | |
| Pietra I LLC |
Delaware | |
| Pietra II LLC |
Delaware | |
| Pietra III LLC |
Delaware | |
| Pinol I LLC |
Delaware | |
| Pinol II LLC |
Delaware | |
| Pinol III LLC |
Delaware | |
| Pinol IV LLC |
Delaware | |
| Wiwili IV LLC |
Delaware | |
| Pinol V LLC |
Delaware | |
| BMC NAB Trust Investmment Fund LLC |
Delaware | |
| HIGC Investment Fund LLC |
Delaware | |
| PSFG Funding LLC |
Delaware | |
| Trova I LLC |
Delaware | |
| Trova II LLC |
Delaware | |
| Trova III LLC |
Delaware | |
| Trova IV LLC |
Delaware | |
| Viento LLC |
Delaware | |
| Viento II LLC |
Delaware | |
| Viento III LLC |
Delaware | |
| Viento IV LLC |
Delaware | |
| Viento V LLC |
Delaware | |
| Viento VI LLC |
Delaware | |
| Viento VII LLC |
Delaware | |
| Viento VIII LLC |
Delaware | |
| Viento IX LLC |
Delaware | |
| Viento X LLC |
Delaware | |
| Viento XI LLC |
Delaware | |
| Viento XII LLC |
Delaware | |
| Viento XIII LLC |
Delaware | |
| Viento XIV LLC |
Delaware | |
| Wiwili I LLC |
Delaware | |
| Wiwili II LLC |
Delaware | |
| Wiwili III LLC |
Delaware | |
| Wiwili V LLC |
Delaware | |
| SHCO 7 S.a.r.l. |
Luxembourg | |
| SHCO 8 S.a.r.l. |
Luxembourg | |
| SHCO 9 S.a.r.l. |
Luxembourg | |
| Vicuna IV LLC |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 23 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Spad Investments Limited |
Luxembourg | |
| Morgan Stanley Morane Investments Limited |
Luxembourg | |
| Morgan Stanley Curtiss Investments Limited |
Luxembourg | |
| Wiwili VI LLC |
Delaware | |
| MS Low Income Housing II Corporation |
Delaware | |
| Morgan Stanley Kashi LLC |
Delaware | |
| MS LIHTC FCG INT LLC |
Delaware | |
| MS Taishan Inc. |
Delaware | |
| Vicuna I LLC |
Delaware | |
| Vicuna II LLC |
Delaware | |
| Vicuna III LLC |
Delaware | |
| Warepool 1A LLC |
Delaware | |
| Warepool 2A LLC |
Delaware | |
| Warepool 3A LLC |
Delaware | |
| Warepool 4A LLC |
Delaware | |
| Warepool 5A LLC |
Delaware | |
| Warepool 6A LLC |
Delaware | |
| Warepool 7A LLC |
Delaware | |
| Warepool 8A LLC |
Delaware | |
| Warepool 9A LLC |
Delaware | |
| MS Low Income Housing III Corporation |
Delaware | |
| Warepool SLP LLC |
Delaware | |
| MS Pegau LLC |
Delaware | |
| Millport Holdings LLC |
Delaware | |
| Millport I LLC |
Delaware | |
| Elderslie Holdings Limited |
Delaware | |
| Elderslie Limited |
Cayman Islands | |
| Esporta Holdings Limited |
Cayman Islands | |
| Esporta Limited |
Cayman Islands | |
| Littlehill (US) LLC |
Delaware | |
| Ravelston LLC |
Delaware | |
| MS Beaucastel LLC |
Delaware | |
| Rhone Robles LLC |
Delaware | |
| MS Real Estate Mezzanine Advisor, Inc. |
Delaware | |
| MS Revel EFS LLC |
Delaware | |
| D&Z Limited |
Cayman Islands | |
| MS Structured Asset Corp. |
Delaware | |
| MS Synfuels, Inc. |
Delaware | |
| MS Rosebank LLC |
Delaware | |
| Morgan Stanley Strand Limited |
Cayman Islands | |
| Cornelia Limited * |
Cayman Islands | |
| Clifton Limited |
Cayman Islands | |
| Lamis Sarl |
Luxembourg |
| * | Denotes subsidiaries having more than one shareholder. |
Page 24 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Lesley Sarl |
Luxembourg | |
| Lindley Sarl |
Luxembourg | |
| Linksfield Sarl |
Luxembourg | |
| Seapoint Investments (Proprietary) Limited |
South Africa | |
| MS Douglasdale Limited |
Cayman Islands | |
| Bondi Limited |
Cayman Islands | |
| MS Melville LLC * |
Delaware | |
| MS Dainfern LLC* |
Delaware | |
| MS Greenside LLC |
Delaware | |
| MS Houghton LLC |
Delaware | |
| Sandhurst Partnership * |
Delaware | |
| MS Sandhurst FX LLC |
Delaware | |
| Morgan Stanley Prosen Limited |
Delaware | |
| Morgan Stanley Limpopo LLC * |
Delaware | |
| Morgan Stanley Breede Inc. |
Delaware | |
| Morgan Stanley Lomati LLC |
Delaware | |
| Morgan Stanley Vaal LLC |
Delaware | |
| Clova Investments LP * |
Delaware | |
| MS Technology Holdings, Inc. |
Delaware | |
| MS Venture Capital Holding Inc. |
Delaware | |
| MSAM Holdings II, Inc. |
Delaware | |
| Van Kampen Investments Inc. |
Delaware | |
| Van Kampen Advisors Inc. |
Delaware | |
| Van Kampen Asset Management |
Delaware | |
| Van Kampen Exchange Corp. |
California | |
| Van Kampen Funds Inc. |
Delaware | |
| Van Kampen Investor Services Inc. |
Delaware | |
| MSBF Inc. |
Delaware | |
| MSCP III Holdings, Inc. |
Delaware | |
| Morgan Stanley Proprietary Trading Co. (Cayman) Limited |
Cayman Islands | |
| MSDW Capital Partners IV, Inc. |
Delaware | |
| MSDW Carnoustie LLC |
Delaware | |
| MSDW Gleneagles Limited |
Cayman Islands | |
| Marchmont Capital, Inc. |
Delaware | |
| MSDW CPIV Holdings, Inc. |
Delaware | |
| MSDW Credit Products Inc. |
Delaware | |
| Morgan Stanley Credit Products Ltd. |
Cayman Islands | |
| MSDW EFS Holdings Inc. |
Delaware | |
| MSDW Emerging Equity, Inc. |
Delaware | |
| MSDW Fixed Income Ventures Inc. |
Delaware | |
| Morgan Stanley Principal Investments, Inc. |
Delaware | |
| JHP Holdings, LLC * |
Delaware | |
| JHP Pharmaceuticals, LLC |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 25 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MHC Co-Invest Genpar |
Cayman Islands | |
| MHC Co-Invest, LP |
Cayman Islands | |
| Morgan Stanley Principal Investments Asia LLC |
Delaware | |
| Morgan Stanley Mayak Limited |
Cayman Islands | |
| MS China 6 Limited |
Cayman Islands | |
| MS China 7 Limited |
Cayman Islands | |
| MS China 8 Limited |
Cayman Islands | |
| MS China 16 Limited |
Cayman Islands | |
| MSPI Mauritius 1 Limited |
Mauritius | |
| Morgan Stanley Principal Investments Europe LLC |
Delaware | |
| Morgan Stanley Principal Investments Netherlands BV |
The Netherlands | |
| Morgan Stanley Principal Investments North America LLC |
Delaware | |
| MS China 9 Limited |
Cayman Islands | |
| MS China 10 Limited |
Cayman Islands | |
| MS China 11 Limited |
Cayman Islands | |
| MS China 12 Limited |
Cayman Islands | |
| MSPI Hong Kong I Limited |
Hong Kong | |
| Stadium Capital Financing Group, LLC * |
Delaware | |
| Morgan Stanley BrokerTec Holdings Inc. |
Delaware | |
| Morgan Stanley Strategic Investments, Inc. |
Delaware | |
| Eaux Vives Water Bottling Corp. |
Canada | |
| Morgan Stanley Bahamas Investments, LLC |
Delaware | |
| MSDW International Employee Services LLC |
Delaware | |
| MSDW Nederland B.V. |
The Netherlands | |
| MSDW Oak, LLC |
Delaware | |
| Maple JV, LLC * |
Delaware | |
| Sycamore II, Inc. |
Delaware | |
| Maple Finance, Inc. |
Delaware | |
| MSDW Birch (Cayman) Limited |
Cayman Islands | |
| MSDW Offshore Equity Services Inc. |
Delaware | |
| Fundlogic Holdings Inc. |
Delaware | |
| Fundlogic SAS |
France | |
| Morgan Stanley Alzette S.a.r.l. |
Luxembourg | |
| Morgan Stanley New Hampshire LLC |
Delaware | |
| Morgan Stanley Deshka LLC |
Delaware | |
| Morgan Stanley Barnard LLC |
Delaware | |
| Morgan Stanley Chandra LLC |
Delaware | |
| Morgan Stanley Keck LLC |
Delaware | |
| Morgan Stanley Mayall LLC |
Delaware | |
| Morgan Stanley Equity Financing Services Ireland Limited |
Ireland | |
| Morgan Stanley Equity Holdings (Ireland) |
Ireland | |
| Morgan Stanley Equity Trading (DIFC) Limited |
DIFC | |
| Morgan Stanley Equity Trading GP Limited |
Jersey, Channel Is. |
| * | Denotes subsidiaries having more than one shareholder. |
Page 26 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Morgan Stanley Luxembourg Equity Holdings S.a.r.l. |
Luxembourg | |
| Morgan Stanley Bramley Limited |
United Kingdom | |
| Morgan Stanley Corporate Holdings (Ireland) |
Ireland | |
| Morgan Stanley Derivative Products (Luxembourg) Sarl |
Luxembourg | |
| Morgan Stanley Finance (Gibraltar) Limited |
Gibraltar | |
| Morgan Stanley Luxembourg Equity Trading (Jersey) LP * |
Jersey, Channel Is. | |
| Morgan Stanley Equity Finance (Malta) Limited * |
Malta | |
| Morgan Stanley Grund Sàrl |
Luxembourg | |
| Morgan Stanley Derivative Products (Portugal), Unipessoal Lda |
Portugal | |
| Morgan Stanley Euro Financing (Ireland) Limited * |
Ireland | |
| Morgan Stanley Warta GmbH |
Germany | |
| Morgan Stanley Kadarka Limited |
Cayman Islands | |
| Morgan Stanley (NSW) Pty Limited |
Victoria, Australia | |
| Morgan Stanley Somerset Limited |
United Kingdom | |
| Morgan Stanley Moselle S.a.r.l. |
Luxembourg | |
| Morgan Stanley Equity Trading LP |
Jersey, Channel Is. | |
| Morgan Stanley Wiltz S.a.r.l. |
Luxembourg | |
| Morgan Stanley Heythorp Investments |
Ireland | |
| Morgan Stanley Equity Holdings (Netherlands) B.V. |
Netherlands | |
| Morgan Stanley Equity Investments (UK) Limited * |
Cayman Islands | |
| Morgan Stanley GFD Hedge Holdings Limited * |
Cayman Islands | |
| Morgan Stanley GFD Hedge Holdings II Limited |
Cayman Islands | |
| Morgan Stanley GFD Proprietary Holdings Limited |
Cayman Islands | |
| MSDW Equity Finance Services I (Cayman) Ltd. |
Cayman Islands | |
| .MSDW Offshore Equity Services (Korea) Inc. |
Delaware | |
| MSDW OIP Investors, Inc. |
Delaware | |
| MSDW PE/VC Holdings, Inc. |
Delaware | |
| MSDW Real Estate Special Situations II, Inc. |
Delaware | |
| MSDW Real Estate Special Situations II-A Dutch Manager, B.V. |
The Netherlands | |
| MSDW Real Estate Special Situations II-B Dutch Manager, B.V. |
The Netherlands | |
| MSDW Real Estate Special Situations II-C Dutch Manager, B.V. |
The Netherlands | |
| MSDW Real Estate Special Situations II Holdings, L.L.C. |
Delaware | |
| MSDW Real Estate Special Situations II Manager, L.L.C. |
Delaware | |
| MSDW Real Estate Special Situations II-A Manager, L.L.C. |
Delaware | |
| MSDW Real Estate Special Situations II-B Manager, L.L.C. |
Delaware | |
| MSDW Real Estate Special Situations II-C Manager, L.L.C. |
Delaware | |
| MSDW Real Estate Special Situations II Partner, L.L.C. |
Delaware | |
| MSRESS II GP Co-Investment Ltd. |
Cayman Islands | |
| MSDW Strategic Ventures Inc. |
Delaware | |
| MSDW Synfuels III, Inc. |
Delaware | |
| MSDW Venture Partners IV, Inc. |
Delaware | |
| MSDW VP IV Holdings, Inc. |
Delaware | |
| MSEOF, Inc. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 27 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MSEOF Management, LLC |
Delaware | |
| MSEOF Manager SARL |
Luxembourg | |
| MSGEM Holdings, Inc. |
Delaware | |
| MSIT Holdings, Inc. |
Delaware | |
| MSPEA Holdings, Inc. |
Delaware | |
| MSREA Guaranty, Inc. |
Delaware | |
| MSRE Mezzanine, Inc. |
Delaware | |
| MSRE Mezzanine, LLC |
Delaware | |
| MSRE Mezzanine-GP, LLC |
Delaware | |
| MSREF II, Inc. |
Delaware | |
| MSREF II, L.L.C. |
Delaware | |
| MSREF III, Inc. |
Delaware | |
| MSREF III, L.L.C. * |
Delaware | |
| MSREF IV, Inc. |
Delaware | |
| MSREF IV, L.L.C. |
Delaware | |
| MSREF IV Domestic-GP, L.L.C. |
Delaware | |
| MSREF IV Domestic-LP, L.L.C. |
Delaware | |
| MSREF IV International-GP, L.L.C. |
Delaware | |
| MSREF IV International-LP, L.L.C. |
Delaware | |
| MSREF V Funding, Inc. |
Delaware | |
| MSREF V Funding Partner, Inc. |
Delaware | |
| MSREF V International Funding, L.P. * |
Delaware | |
| MSREF V, Inc. |
Delaware | |
| MSREF V, L.L.C. |
Delaware | |
| MSREF V U.S.-GP, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Fund V U.S., L.P. * |
Delaware | |
| MSP Real Estate Fund V, L.P. * |
Delaware | |
| MSREF V U.S.-LP, L.L.C. |
Delaware | |
| MSREF V International-GP, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Investors V U.S., L.P. * |
Delaware | |
| MSREF V International-LP, L.L.C. |
Delaware | |
| MSREF Real Estate Advisor, Inc. |
Delaware | |
| MSREF VI, Inc. |
Delaware | |
| MSREF VI International-LP, L.L.C. |
Delaware | |
| MSREF VI, L.L.C. |
Delaware | |
| MSREF VI International-GP, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Fund VI International -T, L.P. * |
Delaware | |
| Morgan Stanley Real Estate Fund VI International -TE, L.P. * |
Delaware | |
| Morgan Stanley Real Estate Investors VI International, L.P. * |
Delaware | |
| MSREF VII, Inc. |
Delaware | |
| MSREF VII Global (Cayman), L.L.C.* |
Delaware | |
| MSREF VII Global (Cayman), Ltd. |
Cayman Islands | |
| MSREF VII Global-GP Holding (Cayman), L.L.C. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 28 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| MSREF VII Global (Cayman), L.P.* |
Cayman Islands | |
| MSREF VII Global-GP (Cayman), L.P.* |
Cayman Islands | |
| MSREF VII Global, L.L.C.* |
Delaware | |
| MSREF VII Global, L.P. * |
Canada | |
| MSREF VII Global-GP, L.P.* |
Canada | |
| MSREF VII Global-LP, L.L.C. |
Delaware | |
| MSREF VII Global (U.S.), L.L.C.* |
Delaware | |
| MSREF VII Global-GP (U.S.), L.L.C. |
Delaware | |
| MSREI Holding, Inc. |
Delaware | |
| MSRESS III, Inc. |
Delaware | |
| MSRESS III Manager, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Special Situations III-GP, L.L.C. |
Delaware | |
| MSREI Post Co-Investment GP, L.L.C. * |
Delaware | |
| MSRESS III Monroe GP, L.L.C. |
Delaware | |
| MSRESS III Opportunities Fund—GP, L.L.C. |
Delaware | |
| Morgan Stanley Real Estate Special Situations III-LP, L.L.C. |
Delaware | |
| MSUH Holdings I, Inc. |
Delaware | |
| MSUH Holdings II, Inc. |
Delaware | |
| MS SP Urban Horizons, Inc. |
Delaware | |
| MS Urban Horizons, Inc. |
Delaware | |
| MSVP 2002 Holdings, Inc. |
Delaware | |
| MSVP 2002, Inc. |
Delaware | |
| MSYS Holdings Inc. |
Delaware | |
| Musum I LLC |
Delaware | |
| Musum II LLC |
Delaware | |
| Pettingell LLC |
Delaware | |
| PG Holdings, Inc. |
Delaware | |
| PG Holdings III, Inc. |
Delaware | |
| PG Investors II, Inc. |
Delaware | |
| PG Investors III, Inc. |
Delaware | |
| Pierpont Power, Inc. |
New York | |
| Providence DE Funding Co. |
Delaware | |
| Providence DE Holdings Co. |
Delaware | |
| Providence Cayman Holdings Limited |
Cayman Islands | |
| Shuksan LLC * |
Delaware | |
| Morgan Stanley Eder S.a.r.l. |
Luxembourg | |
| Strategic Investments I, Inc. |
Delaware | |
| MS Strategic (Mauritius) Limited |
Mauritius | |
| Strategic Investments II, Inc. |
Delaware | |
| Tooele Power, Inc. |
Delaware | |
| Ventura Holdings Inc. |
Delaware | |
| MS PA Gaming Holdings, Inc. |
Delaware |
| * | Denotes subsidiaries having more than one shareholder. |
Page 29 of 30 Pages
Morgan Stanley
Subsidiaries List
December 31, 2009
| Company |
Jurisdiction of Incorporation or Formation | |
| Ventura Holdings NJ, Inc. |
Delaware | |
| Ventura AC LLC |
New Jersey | |
| Ventura Opportunities, LLC |
Delaware | |
| Zephyr (Cayman) Limited |
Cayman Islands |
| * | Denotes subsidiaries having more than one shareholder. |
Page 30 of 30 Pages