# Manulife Investment Management Private Markets (US)

Manulife Investment Management Private Markets (US) is a Bank / Wealth / Trust based in Boston, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** Boston, MA, United States
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** manulifeim.com
- **LinkedIn:** linkedin.com/company/manulife-investment-management-private-equity-and-credit

## Regulatory record

- **CRD number:** 145508
- **SEC file number:** 801-68506
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-31T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/145508

## About

Manulife Investment Management Private Markets (US) is an SEC-registered investment adviser in Boston, MA, since 2007. The firm manages $48.3 billion in assets, with $40.2 billion on a discretionary basis. It has 730 employees and 119 investment advisers.

## Sectors

- Infrastructure
- Real Estate
- Private Credit
- Energy Transition & Renewables
- AgriTech & FoodTech

## People

- Paul Lorentz — President and CEO, Manulife Investment Management

## Questions

### How does Manulife IM Private Markets fund its investments?

The group invests from two capital pools: Manulife's general account, which provides permanent insurance-linked capital, and third-party institutional vehicles raised from pension funds, sovereign wealth funds, and insurers. The general account commitment gives the platform a cost-of-capital advantage over standalone fund managers. Third-party capital is raised through commingled funds, separate accounts, and co-investment structures.

### What is the relationship between Manulife IM Private Markets and Hancock Natural Resource Group?

Hancock Natural Resource Group is a wholly owned subsidiary of Manulife Investment Management that operates as a registered investment advisor. It manages all timberland and farmland investments for both Manulife's general account and external institutional clients. Hancock originated within John Hancock Life Insurance, which Manulife acquired in 2004, and now oversees roughly 5.4 million acres of timberland.

### Is the US private markets team a distinct entity from the Canadian parent?

The US private markets team operates as an integrated part of Manulife Investment Management, which is itself a division of Manulife Financial Corporation. The Boston office houses US-focused origination and asset management professionals, but the firm does not structure the US group as a separate legal entity. Investment decisions are made within global sector teams that span North America.

### Does Manulife IM Private Markets invest as a limited partner in external funds?

The group predominantly invests directly and does not operate as a significant fund-of-funds allocator. Its real estate, infrastructure, and natural capital platforms acquire and manage assets on their own operating platforms. In private credit, the team originates loans directly to middle-market borrowers rather than committing to third-party credit funds.

### How is the investment team organized in the United States?

The Boston office functions as the US headquarters for private markets, with additional investment professionals located across US cities near key asset concentrations. The real estate team operates regional offices in major US metros to source and manage property investments. Timberland and farmland operations are managed out of Hancock's US offices, with regional field staff located near the underlying land assets.

### What is Manulife's competitive advantage in infrastructure investing?

The firm's status as one of the world's largest life insurers provides permanent capital that infrastructure investors with closed-end fund structures cannot match. This allows the team to acquire and hold long-duration assets like renewable energy projects, regulated utilities, and digital infrastructure without forced-sale timelines. The parent company's investment-grade credit rating also provides low-cost financing for asset-level acquisitions.

## Related profiles

- [Manulife Financial Corporation](https://altss.com/profile/manulife-financial-corporation)
- [Manulife Japan](https://altss.com/profile/manulife-japan)

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Last updated: 2026-06-03T20:00:00.000Z

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