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Manulife Investment Management Announces Formation of Lakefront Fiber to Serve Hyperscale, Carrier and Municipal Customers
Manulife Investment Management Announces Formation of Lakefront Fiber to Serve Hyperscale, Carrie...
About this update from Manulife Financial Corporation
[{"type":"text","content":"\n\n\n\n Manulife Investment Management Announces Formation of Lakefront Fiber to Serve Hyperscale, Carrier and Municipal Customers\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n BOSTON\n \n\n ,\n \n\n May 19, 2025\n \n\n Manulife Investment Management, through certain affiliates, (\"collectively, Manulife IM\") today announced the formation of Lakefront Fiber, LLC (\"Lakefront Fiber\"), a joint venture with Midwest Fiber Networks (\"MWFN\").\n \n\n \"We are pleased to partner with MWFN, with whom we have had a long-standing relationship, to support the build-out of Lakefront Fiber's extensive pipeline,\" said Recep Kendircioglu, Global Head of Infrastructure, Manulife Investment Management.\n \n\n Lakefront Fiber will facilitate connectivity for hyperscale, carrier and municipal customers, building upon the long-standing relationships established by MWFN's multi-decade position as a leading regional fiber developer and operator.\n \n\n \"This partnership represents the extension of our digital infrastructure strategy into critical fiber assets supported by long-term contracts with creditworthy counterparties,\" said\n \n Eddie Dunn\n \n , Managing Director, Infrastructure, Manulife Investment Management.\n \n\n\n Nik Ivancevic\n \n , Managing Partner of Midwest Fiber Networks, said \"Our relationship with the Manulife IM team extends many years, and we are excited to expand MWFN's scale to better serve our customers through Lakefront Fiber.\"\n \n\n Concurrently, Lakefront Fiber has also announced the closing of its first transaction, the acquisition of select network assets in the state of\n \n Illinois\n \n from Everstream. This strategic acquisition adds nearly 650 route miles, supporting Lakefront Fiber's ability to deliver high-capacity fiber connectivity and customer-focused solutions across key markets in the Midwest.\n \n\n\n About Manulife Wealth & Asset Management\n \n\n\n As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan ...