MetLife closes FoFs at $1.6bn

MetLife Investment Management raised approximately $1.6 billion in commitments for a new MetLife-managed fund of funds, which will allocate to private equity and venture capital assets.

In setting up the MIM Private Equity Partners Fund, officials bought a portfolio of roughly $1.2 billion of private equity and venture capital assets as part of a managed secondary sale transaction anchored by funds managed by HarbourVest Partners, which served as a lead investor.

“This new platform and secondary transaction speak to MetLife’s 30-year . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.

Monthly subscriptions and discounted corporate plans for up to 100 members also available.

Related Articles

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!