Manulife Investment Management has closed its second infrastructure fund, Manulife Infrastructure Fund II (MIF II), with $4.65 billion in equity commitments, marking the firm’s largest fund raised to date. The capital came from 29 limited partners and Manulife's general account.
MIF II will make equity investments in core and core-plus infrastructure assets.
“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 at Manulife Investment Management. “We are grateful to our investors who see the value of our differentiated investment strategy and commitment to building lasting partnerships.”
Manulife Investment Management's global private market capabilities — totaling more than $54 billion — consist of real assets such as infrastructure, real estate, timberland and agriculture, as well as private equity and credit.