$552M
in committed capital1
18
investments
23
sponsors
Assets
Stability and growth of revenue and profits, clear value proposition and market positioning, and favorable industry and competitive dynamics, all pointing toward multiple paths to a successful outcome
Sponsor
Stable platform, relevant operational and industry expertise, demonstrated track record, and a clear value-creation plan for each asset
Deal dynamics
Existence of potential price arbitrage, information or relationship advantage, good co-investors, challenging underwriting complexity or timeline
Alignment
GP with meaningful capital at risk, including rolled participation but often new capital; incentive structure that tries to ensure GP behavior benefits both the new secondary investors as well as the GP
We’re solution-oriented capital reacting to fundamental market changes
Our GP-led focus aligns with sponsors’ use of secondary capital to own good companies longer, access new growth capital, consolidate ownership, and provide early liquidity options to LPs.
We bolster our relationship with sponsors, providing full lifecycle solutions
Our capability as a primary fund allocator positions the firm positively with sponsors, thereby increasing our privileged access and exposure to GP-led opportunities in the secondary markets.
We leverage our GP relationships and desirability as a partner
Our sourcing, underwriting, and access are enhanced by long-standing GP relationships, broad exposure to the private markets, and Manulife Investment Management’s commitment to its partners.
Meet the team
Meet our secondaries team
Important information
Data as of December 31, 2023.
1 Represents investments made by the Secondaries Team on behalf of the Manulife investors since inception of the secondaries program in 2020.