Counterpoint Global

Counterpoint Global is an active fundamental equity investment team within Morgan Stanley Investment Management, led by Dennis Lynch since the group's formation. It researches and invests across both private and public equities, providing investment services to clients globally from its base in Menlo Park and New York. The team runs a flat structure of generalist analysts rather than sector specialists, drawing on long analyst tenures and broad research mandates. It manages roughly $130B in assets across 19 concentrated products, including Inception, Discovery, Growth, Insight, Advantage, and Permanence. Counterpoint Global focuses on enterprise software, digital payments, and frontier technology, favoring concentrated, benchmark-differentiated positions across the market-cap spectrum in the U.S., international, and global markets. Notable investments include Anduril and historical exposure to ByteDance, with selected allocations across Europe and Latin America. The team's investment approach centers on identifying unique companies capable of significant long-term value appreciation for fundamental reasons, sourcing ideas through direct founder relationships, institutional networks, and crossover access to pre-IPO private companies, rather than a formal co-investment program.