Manulife Investment Management has successfully closed Manulife Private Equity Partners II, L.P., securing approximately $810 million in commitments. This fund, which is part of Manulife’s effort to offer specialized solutions in the private equity market, was assembled with a portfolio selected in partnership with AlpInvest, a subsidiary of The Carlyle Group. Manulife and AlpInvest have a history of collaboration, starting with Manulife Private Equity Partners in 2019. The new fund consists of private equity fund interests and co-investments in North American buyout funds managed by over 30 leading private equity managers. Manulife IM’s private equity and credit platform now manages more than $25 billion in assets, including unfunded commitments, focusing on middle markets in North America and Asia.

Private Equity, Wealth and Asset Management,United States, Canada, North America