Msref V, L.L.C. (New York)


Msref V, L.L.C. is a large advisory firm based in New York. It manages $210.12 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Georgia.

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Msref V, L.L.C provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Msref V, L.L.C: assets under management

The assets under management (AUM) of Msref V, L.L.C. is $210.12 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $210.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.53 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Msref V, L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Owen David Thomas serves?

The only and largest group of clients of Owen David Thomas is pooled investment vehicles with 4 clients and $210.12 million of assets under management. Among the 11 most similar advisory firms, Msref V, L.L.C has the 3rd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $210.12 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Msref V, L.L.C also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Msref V, L.L.C.

The company employs 243 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Owen David Thomas has been acting as President since 1 Nov 2004. David Grove Stafford joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Inc. Msref V Managing member 1 Nov 2004 Other 20-1798569
Owen David Thomas Chairman 1 Nov 2004 Other 1748613
Jay Howard Mantz Chief investment officer and president 1 Nov 2004 Other 2088508
Jeffrey Kirk Gronning Chief financial officer - domestic and vice president 1 Nov 2004 Other 2333501
Michael E Foster Head of asset management and vice president 1 Nov 2004 Other 1736659
Michael Joseph Franco Head of acquisitions and vice president 1 Nov 2004 Other 2085246
Karamjit Singh Kalsi Head of msref (asia) and vice president 1 Nov 2004 Other 2085405
Christopher Leroy Odell Chief legal officer, vice president and secretary 1 Nov 2004 Other 3149189
John Timothy Morris Chief financial officer - global and vice president 1 Nov 2004 Other 1878841
Edwin Davisson Hardman Head of us real estate investing and vice president 1 Nov 2004 Other 867818
Stephane Theuriau Head of msref (europe) and vice president 1 Nov 2004 Other 4640432
Lee Harriss Roberts Chief compliance officer 1 Nov 2004 Other 2897158
Peter Clarke Harned Chief compliance officer 1 Jan 2005 Other 4737119
Karamjit Singh Kalsi Chief investment officer - global 1 Dec 2005 Other 2085405
Paula Schaefer Chief compliance officer 1 Dec 2005 Other 2638037
John Brian Kessler Chief financial officer - global 1 Dec 2005 Other 1570723
John Anthony Carrafiell Global co-head of morgan stanley real estate 1 Feb 2006 Other 1748512
Jay Howard Mantz Global co-head of morgan stanley real estate 1 Mar 2006 Other 2088508
John Brian Kessler Director of msref v, inc., global chief financial officer of morgan stanley real estate investing 1 Mar 2006 Other 1570723
Karamjit Singh Kalsi Director of msref v, inc., global head of morgan stanley real estate investing 1 Jul 2006 Other 2085405
Christopher Leroy Odell Chief compliance officer, chief legal officer, vice president and secretary of msref v, inc. 1 Oct 2006 Other 3149189
Paula Schaefer Director of msref v, inc., global chief administrative officer of morgan stanley real estate investing 1 Oct 2006 Other 2638037
Stephen Spaulding Trevor Global co-head of merchant banking 1 Mar 2007 Other 2270192
Agatha Teresa Ruddy Chief compliance officer 1 Jul 2007 Other 2059284
Mary Caracappa Chief administrative officer 1 Oct 2007 Other 1579374
Steven Umlauf Director of msref v, inc. and chief risk officer of merchant banking 1 Jan 2009 Other 2343181
John Timothy Morris Chief operating officer 1 Jan 2009 Other 1878841
Jay Howard Mantz Director and president 1 Feb 2009 Other 2088508
Owen Thomas Chairman and chief executive officer of morgan stanley real estate investing 1 Feb 2009 Other 1748613
Jennifer Murphy Cattier Chief compliance officer of msref v inc. 1 Jun 2009 Other 4175467
Michael Paul Levy Director of msref v inc. 1 Nov 2009 Other 2156468
Edmond N Moriarty Head of merchant banking and real estate investing 1 Feb 2010 Other 1744318
John Klopp Head of morgan stanley real estate investing - americas 1 Feb 2010 Other 5753735
J E Hoke Slaughter Head of morgan stanley real estate investing - asia 1 Feb 2010 Other 1995974
Gregory J Fleming President of morgan stanley investment management and morgan stanley wealth management 1 Jul 2010 Other 2338986
John Klopp Co-ceo and co-cio of morgan stanley real estate investing and president and director of msref v, inc. 1 Sep 2010 Other 5753735
Olivier De Poulpiquet Co-chief executive officer and co-chief investment officer of morgan stanley real estate investing 1 Sep 2010 Other 5866941
Jeffrey Hugh Macdonnell Director of msref v inc. 1 Oct 2010 Other 2902271
James R Jones Chief operating officer of morgan stanley real estate investing 1 Jan 2011 Other 5866937
Barbara Burns Chief legal officer of msref v, inc. 1 Mar 2011 Other 5139115
John Philip Buza Director of msref v, inc. 1 Oct 2011 Other 1920193
Jennifer Murphy Cattier Chief legal officer 1 Nov 2011 Other 4175467
Michael Henry Chief compliance officer 1 Jan 2012 Other 4935884
Michael Henry Chief compliance officer 1 Feb 2012 Other 4935884
Mustufa Salehbhai Chief legal officer 1 Dec 2012 Other 5066028
Peter Clarke Harned Chief financial officer of morgan stanley real estate investing 1 Mar 2014 Other 4737119
Christie Park Chief operating officer of morgan stanley real estate investing 1 Mar 2014 Other 3276900
Matthew William Crowe Chief legal officer 1 Oct 2014 Other 4469132
Daniel Aaron Simkowitz Head of morgan stanley investment management 1 Oct 2015 Other 1719867
Mustufa Salehbhai Chief legal officer 1 Dec 2016 Other 5066028
Rebecca Peckham Chief compliance officer 1 Dec 2017 Other 6778449
David Grove Stafford Chief compliance officer 1 Aug 2018 Other 6705156

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Morgan Stanley Active 1 Sep 2004 75% - 100% 36-3145972
Morgan Stanley Shareholder 1 Oct 2004 75% - 100% 36-3145972
Morgan Stanley Beneficial owner 1 Nov 2004 75% - 100% 36-3145972

Based in New York

The principal office where Msref V, L.L.C. performs its advisory services is located at Morgan Stanley Real Estate Investor Services, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-761-7160 or by fax 212-507-8474. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at morganstanley.com/what-we-do/investment-management/merchant-banking/global-real-estate/.