Morgan Stanley Jumps Into Pre-IPO Trading – CEO Ted Pick’s First Big Deal Targets Startup Shares
Morgan Stanley will acquire EquityZen, a platform for trading shares of private companies, in its first deal under CEO Ted Pick. The move gives Morgan Stanley’s clients access to pre-IPO shares and expands its private markets services. EquityZen, founded in 2013, has over 800,000 users and 49,000 transactions. Terms were not disclosed; the deal is expected to close in early 2026.