-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RQBonOlh27lSEd7kjBO/Ru/AygLZpCbTWv5mKyV4/TcA4ujm874xeLFMBb0H7yIP
 ScSysgt8ryaOB2jNzB4iYg==

<SEC-DOCUMENT>0000950103-09-001677.txt : 20090714
<SEC-HEADER>0000950103-09-001677.hdr.sgml : 20090714
<ACCEPTANCE-DATETIME>20090714110127
ACCESSION NUMBER:		0000950103-09-001677
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090714
DATE AS OF CHANGE:		20090714
EFFECTIVENESS DATE:		20090714

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Morgan Stanley Employee TALF (Cayman) Fund LP
		CENTRAL INDEX KEY:			0001468134
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-132705
		FILM NUMBER:		09943171

	BUSINESS ADDRESS:	
		STREET 1:		522 FIFTH AVENUE
		STREET 2:		19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		212-296-6977

	MAIL ADDRESS:	
		STREET 1:		522 FIFTH AVENUE
		STREET 2:		19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0401</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001468134</cik>
        <entityName>Morgan Stanley Employee TALF (Cayman) Fund LP</entityName>
        <issuerAddress>
            <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
            <street2>Cayman Ltd., 522 Fifth Avenue</street2>
            <city>New York</city>
            <stateOrCountry>NY</stateOrCountry>
            <zipCode>10036</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>-</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>CAYMAN ISLANDS</jurisdictionOfInc>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>-</firstName>
                <middleName></middleName>
                <lastName>Morgan Stanley Hedge Fund Partners Cayman Ltd.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>522 Fifth Avenue</street1>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kevin</firstName>
                <middleName></middleName>
                <lastName>Klingert</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stuart</firstName>
                <middleName></middleName>
                <lastName>Bohart</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Beth</firstName>
                <middleName></middleName>
                <lastName>Moreau</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName></middleName>
                <lastName>Garrett</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName></middleName>
                <lastName>Atkins</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Eric</firstName>
                <middleName></middleName>
                <lastName>Marmoll</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName></middleName>
                <lastName>Greaney</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Noel</firstName>
                <middleName></middleName>
                <lastName>Langlois</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robin</firstName>
                <middleName></middleName>
                <lastName>Coroniti</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bernard</firstName>
                <middleName></middleName>
                <lastName>Peterson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Marc</firstName>
                <middleName></middleName>
                <lastName>Cozzolino</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Luann</firstName>
                <middleName></middleName>
                <lastName>McInnis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ella</firstName>
                <middleName></middleName>
                <lastName>Cohen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charlene</firstName>
                <middleName>R.</middleName>
                <lastName>Herzer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Judith</firstName>
                <middleName></middleName>
                <lastName>Powell</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anita</firstName>
                <middleName>P.</middleName>
                <lastName>Rios</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kevin</firstName>
                <middleName></middleName>
                <lastName>Mooney</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Morgan Stanley Hedge Fund Partners</street1>
                <street2>Cayman Ltd., 522 Fifth Avenue</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-07-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>50000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>2000000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>19</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Morgan Stanley Employee TALF (Cayman) Fund LP</issuerName>
                <signatureName>/s/ Ella Cohen</signatureName>
                <nameOfSigner>Ella Cohen</nameOfSigner>
                <signatureTitle>Vice President and Assist. Secretary</signatureTitle>
                <signatureDate>2009-07-14</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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