MetLife (MET) Arm MIM Secures $1.2B for 2nd Private Equity Fund

MetLife, Inc.’s (MET) institutional asset management arm, MetLife Investment Management (“MIM”), recently launched its second private equity fund, MetLife Investment Private Equity Partners II, securing around $1.2 billion in commitments. This new fund, aimed at institutional clients, includes a portfolio of about$860 million in private equity and co-investment interests. Combined with funded and unfunded commitments, the total reaches $975 million.The transaction was anchored by Lexington Partners L.P., t ...