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Manulife Investment Management Closes Manulife Private Equity Partners III in partnership with Ardian
Manulife Investment Management Closes Manulife Private Equity Partners III in partnership with Ar...
About this update from Manulife Financial Corporation
[{"type":"text","content":"\n\n\n\n Manulife Investment Management Closes Manulife Private Equity Partners III in partnership with Ardian\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 April 14, 2025\n \n\n /CNW/ - Manulife Investment Management, (\"Manulife IM\") a company of Manulife Wealth & Asset Management, announced today the closing of approximately US$660 million in commitments to Manulife Private Equity Partners III, L.P. (the \"Fund\"). The Fund is the third private equity fund of funds raised by Manulife IM as part of its ongoing effort to provide specialized solutions for investors seeking greater exposure to opportunities in a growing private equity market. The Fund was seeded with an existing portfolio selected in partnership with Ardian, a world-leading private investment house, consisting of private equity fund interests and co-investments in North American buyout funds with more than 15 leading private equity managers.\n \n\n \"We are excited to have closed on Manulife Private Equity Partners III and have the opportunity to demonstrate our commitment to general partners as a provider of stable sources of capital and our patient approach to building value, as well as the solutions that are available to our clients,\" said Vipon Ghai, Global Head of Private Equity and Credit at Manulife IM.\n \n\n Management of the Fund will be led by\n \n Richard Tarr\n \n , Managing Director, Private Equity Funds, Manulife IM.\n \n\n \"Manulife Private Equity Partners III brings a diverse portfolio of investments and the potential for growth and value creation to investors who seek access to the expertise and knowledge of multiple managers across sectors and industries.\" said Mr. Tarr.\n \n\n\n Vladimir Colas\n \n , Executive Vice-President and Co-Head of Secondaries & Primaries at Ardian said, \"We are proud to partner with Manulife Investment Management on this transaction.  The Manulife IM team has a longstanding track record investing in private equity funds and co-investments alongside high-quality spons...