Manulife Investment Management Targets Private Banks and Wealth Managers in Singapore with Manulife Private Credit Plus Strategy
Manulife Investment Management (IM) is making waves in the private credit market in Singapore with its innovative Manulife Private Credit Plus strategy. This strategy targets clients of private banks and wealth managers, offering them a unique opportunity to invest in senior loans to middle market companies and asset-based lending.
The strategy, managed by Marathon Asset Management, is a semi-liquid investment that aims to provide investors with income and diversification benefits. Alex Catterick, senior managing director at Manulife IM, highlighted the key aspects of the strategy, including differentiated exposure to US middle market senior loans and asset-based lending, sponsor investment from Manulife Financial Corporation, quick deployment of capital, robust deal flow, and a strategic partnership with Marathon Asset Management.
HuiJian Koh, CEO of Manulife Investment Management Singapore, emphasized the importance of private credit in today’s market environment, where private companies are increasingly seeking debt financing for growth. With private debt assets under management expected to grow significantly in the coming years, product differentiation is crucial for providing value and diversification to investors.
The Manulife Private Credit Plus strategy offers investors a flexible access to liquidity and a diverse range of income-generating assets. With the private credit market evolving rapidly, this strategy stands out as a unique opportunity for investors looking to capitalize on the growth potential of the private debt market.