MFC - Manulife Investment Management Closes Manulife Private Equity Partners II in partnership with AlpInvest | Benzinga
BOSTON, July 10, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced today the closing of approximately US$810 million in commitments to Manulife Private Equity Partners II, L.P. (the Fund). The Fund is the second private equity fund of funds raised by Manulife IM as part of its ongoing effort to provide specialized solutions for investors seeking greater exposure to opportunities in a growing private equity market. The Fund was seeded with an existing portfolio selected in partnership with AlpInvest, a subsidiary of global investment firm Carlyle (NASDAQ:CG), consisting of private equity fund interests and co-investments in North American buyout funds with more than 30 leading private equity managers.
"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 ...