MetLife closes $1.2bn Fund III seeded with $754m portfolio
The third fund in the platform was raised through a managed secondary sale and seeded with a $754m portfolio.
MetLife Investment Management today closed around $1.2bn of commitments to MetLife Investment Private Equity Partners Fund III through a managed secondary sale transaction, marking the third fund in its private equity investment platform for institutional investors. The deal was announced on 3 August from Whippany, New Jersey.
The fund bought a portfolio of around $754m of private equity, venture capital…
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