Thursday, May 9, 2024
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Morgan Stanley Investment Management (MSIM) has announced a strategic investment in The Pasha Group through its infrastructure investment platform, Morgan Stanley Infrastructure Partners (MSIP). The investment aims to provide support for The Pasha Group’s ongoing infrastructure development in the Hawaii trade sector.

The Pasha Group, a family-owned maritime transportation company, operates various business lines, with its primary segment being Pasha Hawaii. This division focuses on ocean freight and automobile shipping services between the U.S. West Coast and Hawaii. Pasha Hawaii plays a crucial role in Hawaii’s transportation infrastructure, ensuring timely delivery of goods to the islands with its modern vessels boasting over 40-year useful lives.

Daniel Sailors, Managing Director for MSIP, expressed enthusiasm for the partnership with The Pasha Group, citing its strong market presence and long-term growth prospects. MSIP views Pasha’s services as vital to Hawaii’s population, underscoring the importance of the investment in supporting essential trade connections.

Legal counsel for the transaction was provided by Kirkland & Ellis LLP for MSIP and Nixon Peabody LLP for The Pasha Group. BofA Securities, Inc. acted as the capital markets advisor in the transaction, facilitating the partnership between Morgan Stanley Infrastructure Partners and The Pasha Group.

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