Morgan Stanley Expansion Capital is a registered investment adviser and capital provider based in Palo Alto that finances founders, executives and stockholders of venture-backed technology companies. The firm provides structured personal financing, stock option exercise financing, secondary capital and primary capital, and its broader strategy includes expansion capital and credit for growth-oriented companies. It is most relevant for North America opportunities connected to technology and TMT sectors, including software, cloud, data, AI, cybersecurity, fintech, internet, healthtech, media and consumer businesses.