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SUPPLEMENT DATED FEBRUARY 24, 1999
TO PROSPECTUS DATED MAY 1, 1998
AS AMENDED AND SUPPLEMENTED TO DATE
OF
ASIAN EQUITY PORTFOLIO
JAPANESE EQUITY PORTFOLIO
PORTFOLIOS OF THE
MORGAN STANLEY DEAN WITTER INSTITUTIONAL FUND, INC.
P.O. BOX 2798
BOSTON, MASSACHUSETTS
02208-2798
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The Prospectus is hereby amended and supplemented to reflect changes in the
portfolio management of the Asian Equity Portfolio. Vinod Sethi no longer serves
as Portfolio Manager to the Asian Equity Portfolio. Timothy Jensen and Ashutosh
Sinha now share primary responsibility for managing the assets of the Asian
Equity Portfolio. Accordingly, the paragraph "ASIAN EQUITY PORTFOLIO" on page 21
is hereby deleted and replaced with the following:
ASIAN EQUITY PORTFOLIO -- TIMOTHY JENSEN AND ASHUTOSH SINHA. Timothy
Jensen joined the Adviser in 1998. He is a Principal of the Adviser and
Morgan Stanley and a senior member of the Adviser's emerging markets
group, focusing primarily on the East Asian markets. Prior to joining
the Adviser, he was a Partner at Ardsley Partners, where he managed a
portion of the emerging markets assets. Prior to that, he was a Vice
President at Bankers Trust where he was responsible for a Latin American
equity portfolio. He graduated from Harvard College with a B.A. in
History and received an M.B.A. in Finance from UCLA. Ashutosh Sinha
joined the Adviser in 1995. He is a Vice President of the Adviser and
Morgan Stanley and a member of the Adviser's emerging markets group,
focusing primarily on the East Asian and Middle Eastern markets. Prior
to joining the Adviser, he spent two years at SBI Funds Management Ltd.,
where he was an analyst for the India Magnum Fund. Previous to that, he
worked for three years as a consultant for Citicorp Overseas Software
Ltd. He graduated from IIT, Kanpur with a degree in Electrical
Engineering and received an M.B.A. from the Indian Institute of
Management, Calcutta. Mr. Jensen and Mr. Sinha have shared primary
responsibility for managing the Asian Equity Portfolio since August
1998.
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