Morgan Stanley banker accidentally emailed clients Asian deal pipeline

  • Morgan Stanley banker accidentally sent clients the financial sponsors group’s deal pipeline.
  • The list contained about 60 live deals and more than 80 projects in other stages.
  • Morgan Stanley retracted the email and asked recipients to delete the attachment.

A senior Morgan Stanley banker covering financial sponsors in Asia accidentally attached the group’s deal pipeline to a weekly update email sent to clients, prompting the bank to retract the message and seek the deletion of the document. The list, dated September 21, contained about 60 live IPO, M&A and block-trade deals involving Asian companies across Greater China, South Korea, Southeast Asia, India and the EMEA region. It also included more than 50 deals marked as pitching and nearly 30 marked as on hold. The vast majority of the companies were portfolio businesses of major global and regional private-equity and venture-capital firms. The document contained no deal details, and recipients said many of the transactions had already been publicly reported. Morgan Stanley said it took prompt steps to address the inadvertent disclosure and was engaging with relevant parties.

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