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Stock impact report

MetLife Investment Management Originates $21.6 Billion in Private Credit Transactions in 2024

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Business Wire
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it originated $21.6 billion in private credit transactions in 2024. MIM’s private credit assets under management stood at $129.1 billion as of December 31, 2024.1MIM’s origination was well diversified across the private credit platform with:$6.8 billion in residential credit$6.4 billion in corporate debt$5.6 billion in infrastructure debt$2.8 billion in asset-based finance transactions.“MIM is a premier originator of private assets and our clients appreciate the quality and diversity of transactions that we participate in on their behalf,” said Brian Funk, interim president of MIM.MIM continued to find strong relative value in residential credit in 2024, deploying $6.8 billion in residential mortgages and single-family rental debt financing, primarily in the non-qualified residential mortgage space.MIM’s $6.4 billion o Show less Read more
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