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Manulife Financial Corp T.MFC.PR.F


Primary Symbol: T.MFC Alternate Symbol(s):  MFC | MNQFF | T.MFC.PR.B | MNUFF | T.MFC.PR.C | T.MFC.PR.I | T.MFC.PR.J | T.MFC.PR.K | T.MFC.PR.L | T.MFC.PR.M | MNLCF | T.MFC.PR.N | T.MFC.PR.P | T.MFC.PR.Q

Manulife Financial Corporation is a Canada-based international financial services provider. The Company provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses, Insurance and annuity products, and Corporate and Other segment. Wealth and asset management businesses branded as Manulife Investment Management, provide investment advice and solutions to retirement, retail, and institutional clients. Insurance and annuity products include a variety of individual life insurance, individual and group long-term care insurance and guaranteed and partially guaranteed annuity products. Products are distributed through multiple distribution channels, including insurance agents, brokers, banks, financial planners and direct marketing. Corporate and Other segment comprise the investment performance of assets backing capital.


TSX:MFC - Post by User

Post by Betteryear2on Nov 30, 2021 10:21am
471 Views
Post# 34179768

closes US$4.65 billion infrastructure fund

closes US$4.65 billion infrastructure fund

US$ unless otherwise stated

BOSTONNov. 30, 2021 /PRNewswire/ - Manulife Investment Management announced today the final closing of Manulife Infrastructure Fund II, L.P. ("MIF II" or the "Fund"), a US$4.65 billion private fund pool with committed capital from 29 limited partners and Manulife's general account. MIF II is the firm's second infrastructure fund which will make equity investments in core and core-plus infrastructure assets. The Fund benefits from the substantial experience the Manulife Investment Management team has in investing in and managing diversified portfolios of infrastructure investments. Manulife Investment Management's global private market capabilities – totaling more than US$54 billion - consist of real assets, including infrastructure, real estate, timberland, and agriculture, and private equity and credit.1

"We are pleased to announce such a successful fundraise which well-exceeded our target and the size of our first fund pool," said Christoph Schumacher, head of real assets, Manulife Investment Management. "We are grateful to our investors who see the value of our differentiated investment strategy and commitment to building lasting partnerships."

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