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2026-08-03 21:18
MetLife's (MET) institutional asset management business said its MetLife Investment Private Equity Partners Fund III has secured ~$1.2B in commitments.
MIPEP III is the third fund in the unit's private equity investment platform for institutional investors.
MET shares were 0.94% higher at $97.03 during pre-market trading on Monday.
The fund acquired a portfolio of ~$754M in private equity, venture capital, and equity co-investment interests with funded and unfunded commitments totaling $966M from MetLife affiliates.