“After successfully partnering with Manulife IM to develop and anchor Manulife Private Equity Partners LP in 2019, we are pleased to continue the collaboration between our firms,” said Michael Hacker, managing director at AlpInvest.
Manulife Investment Clinches 2nd PE Fund : Diverse Portfolio Management
Richard Tarr, managing director of private equity funds at Manulife, will lead the fund management. Tarr emphasized the fund’s “diverse portfolio of investments” and its growth potential for investors seeking access to the “expertise and knowledge” of various managers across different industries.
Expanding Manulife’s Private Equity and Credit Platform
Manulife’s private equity and credit platform manages over $25 billion in assets. The platform focuses on primary funds, equity co-investments, secondaries, senior credit, and junior credit in the North American and Asian middle markets.
Legal counsel information for the law firm advising Manulife was not immediately available, and a representative for the firm did not respond to requests for additional information.
Conclusion
The successful launch of Manulife Private Equity Partners II LP underscores Manulife Investment Management’s ongoing commitment to providing innovative private equity solutions. This second fund, bolstered by strategic partnerships and a diverse portfolio, aims to deliver long-term value and stability to its investors.
