Morgan Stanley said it would facilitate $1.5 trillion of capital raising, financing and related investment activity over the next decade. The investment is part of the U.S. Innovation Infrastructure Initiative which the company said would support clients building and scaling companies, technologies and infrastructure central to the economic and national security of the U.S.

The initiative will specifically focus on innovation platforms and strategic industries, infrastructure for the innovation economy and capital for builders and growth companies. Co-President Dan Simkowitz said the initiative comes at a period of significant investment and innovation in the U.S. across technology, infrastructure and strategic industries.

The announcement was reported by the Wall Street Journal Markets, with reporting by Grace Yoon.