Leading private markets capabilities
For decades, we've employed our private markets expertise for the benefit of our clients by capitalizing on market inefficiencies, adding diversification benefits, and pursuing potential attractive risk-adjusted returns. Today, we offer institutional and high-net-worth clients access to leading capabilities across a range of strategies and asset classes. At the same time, our size and position in the marketplace afford unique access to a broad investment platform and market insight that are essential for success.
A long-term, risk-conscious approach
Across our private markets strategies is a long-term focus, a risk-conscious investment philosophy, in-house sector expertise, and strong internal governance. Our private markets business units are supported by board governance and investment committees with independent legal, compliance, and risk teams that hold deep asset management expertise.
A commitment to sustainability
Responsible stewardship of our clients' capital is integral to our business and culture, and we seek to be a global leader in creating long-term value for our stakeholders. The incorporation of ESG considerations starts with the integration of ESG factors into our investment analysis and due diligence process. In segments where we own and operate assets, we hold ourselves to a high standard of stewardship and sustainability. We do this to both protect and grow the value of those assets and for the benefit of the communities they touch. Where we don't directly own assets, we're committed to intensive due diligence and engagement with our partners and asset owners.
We currently manage 5.4 million acres of timberland, of which 100% is third-party certified, and have protected over 479,000 acres of sensitive lands.6
We've achieved our commitment to be 100% certified to the Leading Harvest Farmland Management Standard for our U.S. farmlands.7
Nearly 50 million square feet—82% of our real estate equity portfolio—is certified to a green building standard, such as LEED, ENERGY STAR, or BOMA BEST.8
Our infrastructure team has invested approximately US$3.6 billion in the renewables space.9
Viewpoints
We recently held an investment symposium in Singapore, where our experts shared their unique insights on the growth drivers of and opportunities in the private markets space.
Watch the videos to learn more.
Opportunities in private markets
Alex Catterick
Head of High-Net-Worth Product, Private Markets
Inflation hedging with real asset allocation
Luke Browne
Senior Portfolio Manager and Head of Asset Allocation, Multi-Asset Solutions Team, Asia
Growth drivers of private assets
Devon Russell
Senior Managing Director, Senior Loans
Private credit trends
Vipon Ghai
Global Head, Private Equity and Credit
Further reading
All assets under management (AUM) are calculated on a fair value basis in U.S. dollars (US$); AUM and years of experience are as of 31 December 2023. Data includes assets managed by Manulife Investment Management and its affiliates on behalf of Manulife's Canadian and U.S. general accounts, as well as certain third-party investors. Investment advisory services to third-party investors and certain affiliated investors are offered by Manulife Investment Management Private Markets (US) LLC (Manulife IM PM (US)). Of the AUM figures shown for Manulife IM PM (US) entities, the private equity and credit team manages US$4.7 billion in AUM on a discretionary basis; the real estate equity team manages US$1.3 billion in AUM on a discretionary basis; and the infrastructure team manages US$4.9 billion in AUM on a discretionary basis.
1 Represents assets of North American corporate finance and the private equity and credit group and can include committed capital and unfunded commitments of US$6.0B.
2 Represents assets of Manulife Investment Management’s timberland group, managed on a discretionary and nondiscretionary basis for the general account, its affiliates, and third-party clients.
3 Represents assets of Manulife Investment Management’s agriculture group managed on a discretionary and nondiscretionary basis for the general account, its affiliates, and third-party clients.
4 Represents assets of Manulife Investment Management’s infrastructure equity group.
5 Experience of North American corporate finance.
Figures include discretionary and nondiscretionary assets managed on behalf of the general account, its affiliates, and third-party clients.
6 As of 31 December 2022. 100% of our forests were certified under either Sustainable Forestry Initiative® (SFI®) (3.2 million acres in the United States and Canada) or Forest Stewardship Council® (FSC®) (2.2 million acres in Australia, New Zealand, Brazil, and Chile). Most current data shown.
7 Certification as of 17 May 2021 by Leading Harvest and is based on an annual assessment of the conformation to the Farmland Management Standard. Most current data shown. Please see www.leadingharvest.org.
8 Rating is as of 31 December 2022. Based on square footage or building size of the gross floor area (GFA) of properties in the global portfolio. Based on operational assets held in the fund for more than one year. Totals from different certification standards do not sum as properties with multiple certifications are only counted once. Certifications are provided by LEED, Energy Star Certification, BOMA BEST, GBCA Greenstar, BCA Green Mark, NABERS, Casbee, BOMA360, Fitwel. Based on operational assets held in the fund for more than one year. Information on GRESB: https://gresb.com. Information on PRI: https://www.unpri.org/.
9 As of 30 June 2023, in USD. The infrastructure team manages renewable energy related private equity investments on behalf of external clients and the insurance business of Manulife.
