The portfolio of assets acquired by the fund consists of nearly 50 private equity and equity co-investments diversified globally.
According to a press statement, the sale follows strong returns for the MetLife general account’s private equity portfolio, which held $14.3bn in private equity assets as of 31 March, 2024.
MIM’s private equity team has deployed over $20.0bn of alternative investments between 2010 and 2023. Evercore served as advisor to MIM for this transaction.
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