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Insurance Asset News
Investment Strategy

MetLife closes $1.2bn Fund III seeded with $754m portfolio

By IAN Editorial Desk
3 August 2026·Updated 26 August 2026·2 min read
Primary source: metlife.com

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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