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Stock impact report

Manulife Investment Management Closes Third Co-Investment Fund at $1.1B, Surpassing Predecessor by over $300M [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
Partners III, L.P. and related strategic commitments, raising $1.1 billion—well above its $750 million target and exceeding its 2021 predecessor fund by more than $300 million. This milestone reflects the continued successful fundraising of Manulife IM's co-investment strategy, which is built on the firm's long-standing primary funds platform and deep relationships with a global network of over 200 sponsor partners. The strategy is designed to provide institutional investors with direct access to high-quality private equity opportunities in middle market companies, sourced through the firm's general partner relationships and underwritten by a seasoned investment team with a disciplined, selective approach. The fund attracted a diverse global investor base, including public and corporate pensions, insurance companies, asset managers, financial institutions, and family offices. Manulife's General Account also made a capital commitment to the fund, reinforcing its strategic alignment Show less Read more
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