MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., has originated $6.4 billion in private placement debt and private structured credit for the first half of 2021 across 107 transactions.
This included $1.2 billion of investments originated on behalf of unaffiliated institutional clients. MIM’s total private placement debt and private structured credit assets under management stood at $102 billion as of June 30.
“Market activity through the first half of the year was strong as issuers bolstered their financial position and institutional investors sought out a greater range of investment opportunities,” said Nancy Mueller Handal, head of private fixed income & alternatives at MetLife Investment Management.
MIM’s private placement origination for the first half of 2021 included $4 billion, $1.5 billion, and $848 million in corporate, infrastructure and structured credit transactions, respectively, and adde
