Morgan Stanley Venture Partners manages a group of private equity funds, which invest in the technology and health care industries. Since 1986, the firm has managed over $1.2 billion of equity capital commitments and invested in more than 140 companies. The firm yields returns for its investors and helps create market leaders. Its host of clients includes Anasazi Inc., Aurum Software, Avamar, Business Engine, Ciphergen Biosystems, D-Pharm, etc. The company is a subsidiary of Morgan Stanley, which is a global financial services firm catering to corporations, governments, financial institutions and individuals. It is a financial holding company regulated by the Board of Governors of the Federal Reserve System. The parent company maintains significant market positions in each of its business segments, including institutional securities, global wealth management group and asset management.