Manulife Investment Clinches 2nd PE Fund With $810M

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Manulife Investment Clinches 2nd PE Fund

Boston-based Manulife Investment Management announced Wednesday that it has successfully clinched its second private equity fund, amassing $810 million in commitments. The fund, Manulife Private Equity Partners II LP, is part of Manulife’s strategy to offer specialized solutions for investors seeking enhanced exposure to private equity opportunities.

Focus on Stability and Long-Term Value

“We are thrilled to have closed on Manulife Private Equity Partners II and have the opportunity to showcase our commitment to general partners as a provider of stable sources of capital and our patient approach to building value, as well as the solutions that are available to our clients,” said Vipon Ghai, Manulife Global’s head of private equity and credit.

Manulife Investment Clinches 2nd PE Fund : Partnership with AlpInvest

The fund was seeded with a portfolio selected in partnership with AlpInvest, a subsidiary of private equity giant Carlyle. This portfolio includes private equity fund interests and co-investments in North American buyout funds, involving over 30 private equity managers.