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0.000212947189097062 0.000212947189097062 -0.00127768313458252 -0.00149063032367973 -0.00127768313458252 -0.006175468483816 -0.00425894378194199 -0.000212947189097062
Stock impact report

Manulife Investment Management Announces Forest Climate Fund's Second Close Bringing Total Commitments Up to $334.5 Million [Yahoo! Finance]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Yahoo! Finance
under management in timberland and agriculture combined, today announced the second close of the Manulife Forest Climate Fund LP (the fund). Along with its affiliated offshore vehicles, the fund has now secured up to $334.5 million in commitments towards its $500 million targeted offering. Subsequent and final closings are expected later this year. The fund is a closed-end investment vehicle providing qualified U.S. investors and certain global institutional investors with the opportunity to promote climate change mitigation through investment in sustainably managed forests where carbon sequestration is prioritized over timber production. The Manulife Forest Climate Fund seeks to provide investors with an opportunity to own a diversified portfolio of sustainably-managed forestland assets where carbon is the primary value driver. The fund will seek to deliver durable, high-quality carbon credits to investors and annual optionality for in-kind carbon credit distributions or offset sal Show less Read more
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