– Manulife Investment Management (Manulife IM), part of Manulife Wealth & -Asset Management, has closed approximately US$660 million in commitments to Manulife Private Equity Partners III, L.P.
– This marks the third private equity fund of funds raised by Manulife IM, aimed at providing specialized solutions in the expanding private equity market.
– The Fund was seeded with an existing portfolio curated in partnership with Ardian, a global leader in private investments.
– The portfolio includes private equity fund interests and co-investments in North American buyout funds, representing more than 15 top-tier private equity managers.
– Vipon Ghai, Global Head of Private Equity and Credit at Manulife IM, highlighted the firm’s commitment to supporting general partners with stable capital and building long-term value.
– Richard Tarr (CFA), Managing Director, Private Equity Funds at Manulife IM, will lead the Fund’s management.
– Vladimir Colas, EVP and Co-Head of Secondaries & Primaries at Ardian, praised Manulife IM’s strong investment track record and strategic alignment with Ardian.
– Manulife IM’s global private equity and credit platform oversees US$28 billion in assets, focusing on primary funds, co-investments, secondaries, senior and junior credit in North America and Asia middle markets.
– The firm brings extensive private markets expertise to help clients access inefficient markets, enhance diversification, and target attractive risk-adjusted returns across a range of real and alternative asset strategies.
