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				  EXHIBIT 31.02

CERTIFICATIONS

I, Lee Horwitz, Chief Financial Officer of Demeter Management
Corporation (?Demeter?), the general partner of the registrant,
Morgan Stanley Principal Plus Fund L.P., certify that:

1.	 I have reviewed this annual report on Form 10-K of the
registrant;

2.	 Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

3.	 Based on my knowledge, the financial statements, and other
financial information included in this report, fairly present
in all material respects the financial condition, results of
operations, and cash flows of the registrant as of, and for,
the periods presented in this report;

4.	 The registrant?s other certifying officer and I are responsible
for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-
15(e)) and internal control over financial reporting (as define
din Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
registrant and have:

   a)	Designed such disclosure controls and procedures, or caused
   	such disclosure controls and procedures to be designed
   	under our supervision, to ensure that material information
   	relating to the registrant, including its consolidated
    	subsidiaries, is made known to us by others within those
   	entities, particularly during the period in which this
    	report is being prepared;

    b)Designed such internal control over financial reporting, or
caused such internal control over financial reporting to be
designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in
accordance with generally accepted accounting principles;





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   c)	Evaluated the effectiveness of the registrant?s disclosure
   	controls and procedures and presented in this report our
   	conclusions about the effectiveness of the disclosure
   	controls and procedures, as of the end of the period covered
    	by this report based on such evaluation; and

  d)	Disclosed in this report any change in the registrant?s
  	internal control over financial reporting that occurred
 	during the registrant?s most recent fiscal quarter (the
  	registrant?s fourth fiscal quarter in the case of an annual
  	report) that has materially affected, or is reasonably
  	likely to materially affect, the registrant?s internal
  	control over financial reporting; and

5.	 The registrant?s other certifying officer and I have disclosed,
based on our most recent evaluation of internal control over
financial reporting, to the registrant?s auditors and the audit
committee of Demeter?s board of directors (or persons
performing the equivalent functions):

   a)	All significant deficiencies and material weaknesses in the
design or operation of internal controls over financial
reporting which are reasonably likely to adversely affect  the
registrant?s ability to record, process, summarize, and report
financial information; and

   b)	Any fraud, whether or not material, that involves management
   	or other employees who have a significant role in the
   	registrant?s internal control over financial reporting.





Date:   March 23, 2007         /s/Lee Horwitz
                                  Lee Horwitz
                                  Chief Financial Officer,
                                  Demeter Management Corporation,
                                  general partner of the registrant