Manulife closes second co-investment fund at $683m

Manulife Investment Management just closed its second co-investment fund with a focus on a diverse portfolio of North American middle market companies.

Manulife Co-Investment Partners II exceeded its original target in raising $683.5 million, officials at the Boston area firm announced.

Stephen Blewitt, Manulife’s global head of private markets said the fund also exceeded the size of the firm’s first co-investment fund in 2016.

“This successful fundraise demonstrates the strength of our platform and the potential opportunities for our investors,” said Blewitt.

The portfolio manager . . .

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