US$2 billion John Hancock Infrastructure fund closes
Category: Transactions Year: 2018
Manulife today announced the closing of approximately US$2 billion in capital commitments to the John Hancock Infrastructure Fund. Campbell Lutyens is pleased to have acted as the exclusive financial advisor to the Fund.
The Fund provides third party investors the opportunity to invest alongside Manulife's General Account in direct private equity investments and co-investments in the infrastructure sector in the United States. The company operates primarily as John Hancock in the United States and Manulife elsewhere. The Fund attracted prominent institutional investors with approximately 45% from North America, 40% from Europe and 15% from Asia. Nearly half of the Fund was raised from pension funds and insurance companies, and the remaining commitments primarily from global asset managers with select sovereign wealth funds.
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