Year Founded: 2006
Key Contacts
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Steven GoulartPresident
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Michael YickChief Financial Officer
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Joseph PollaroChief Operating Officer, Executive Vice President
Investment Preferences
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Preferred IndustriesAgriculture, Other Consumer Non-Durables, Other Energy, Other Transportation, Personal Products, Rail, Rail, Real Estate Investment Trusts, Energy Production, Food Products, Logistics, Machinery (B2B)
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Geographical PreferenceEurope, US
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Preferred Deal TypesAcquisition Financing, Buyout/LBO, Debt – General, Loan, Merger/Acquisition, Mezzanine, PE Growth/Expansion, Revolving Credit Line, Sale-Lease back facility, Secured Debt, Senior Debt, Subordinated Debt, Unsecured Debt
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Other Investment PreferencesN/A
Investments By Year
Funds Closed
Size: $800.0M
Dry Powder: N/A
Details: The fund targets real estate debt backed by existing core US real estate assets
Size: N/A
Dry Powder: N/A
Details: The fund’s strategy seeks to offer investors access to privately negotiated debt and minority-equity investment transactions
Investments By Industry
Investments By Region
Key Investments
In December 2020, MetLife Investment Management invested $130 million, including $74 million on behalf of unaffiliated clients, in the senior secured private placement financing of Brookfield Renewable Partners’ Sidney A. Murray, Jr. Hydroelectric facility in Louisiana. The facility provides renewable electricity generation through hydropower in a region of relatively high carbon intensity and is one of the leading sustainable assets in Louisiana
As of December 31, 2018, Metlife, Investment Management (“MIM”) held equity stakes in 60 LEED-certified real estate properties and made further investments in renewable offshore wind projects in the UK. The company’s total green investments stood at $16.6 billion
In October 2018, Bethesda, MD-based MicroVest closed a $20 million, five-year credit facility with MetLife Investment Management. The facility would provide liquidity for the limited partners in MicroVest’s flagship impact investment fund
MetLife Investment Management’s (“MIM”) real estate equity portfolio includes investments in office, apartment, retail, industrial and hotel properties. Noteworthy transactions that closed in 2018, included:
Southlands Town Center (Aurora, CO) – 1.7 million sq. ft. lifestyle center
249 Business Park (Houston, TX) – 820,000 sq. ft. industrial facility
Hoffman Town Center (Alexandria, VA) – Mixed-use development consisting of more than 560 apartment units and ground level retail
89 A Street (Needham, MA) – 248,000 sq. ft. office building
In May 2018, MIM provided Boston-based Beacon Capital Partners with a $68 million loan to help fund the acquisition of a 16-story office tower at 160 West Santa Clara Street in downtown San Jose, California
In September 2017, MetLife Investment Management acquired Logan Circle Partners, the Center City asset manager from Fortress Investment Group for $250 million in cash. As of August 31, 2017, Logan Circle Partners had more than $37 billion in assets under management
In December 2015, EDF Renewable Energy’s 175MW Pilot Hill wind project located in Kankakee and Iroquois Counties in Illinois closed structured equity financing from GE Energy Financial Services and MetLife Inc The wind project suffices 100% of the energy needs of Microsoft Corporation’s Chicago data center
In October 2013, Fiera Axium Infrastructure and MetLife jointly acquired eight Recurrent Energy solar power projects, totalling 86MW in Ontario, Canada
Other Details
In December 2022, MIM finalised the acquisition of Affirmative Investment Management (AIM), AIM has deep capabilities in impact investing, verification, reporting and engagement. Metlife Investment Management has operations in the Americas, Asia and the Europe, Middle East & Africa (EMEA) regions. It manages assets for third-party institutional investors, separate accounts and MetLife, Inc.’s general account. Its total assets under management stands at around $571.2 billion. It serves over 250 institutional clients around the world and invests in the energy, transport, transmission, renewables, social infrastructure and telecom sectors. As part of 11 new environmental goals, MetLife committed to reducing location-based GHG emissions by an additional 30% from 2019 to 2030, and originating $20 billion of new green investments such as renewable energy, LEED-certified buildings, and green bonds by 2030
The firm’s latest open fund is MetLife Middle Market Private Debt Fund II. It is a debt fund managed by MetLife Investment Management. The fund is located in Whippany, New Jersey. The fund’s target size is $750.00 million. MetLife’s Middle Market Private Capital strategy seeks to offer investors access to privately negotiated debt and minority-equity investment transactions, primarily in North American middle market companies
Antares Capital, AEA Investors, BMO Financial Group, UBS Group are some of the co-lenders of Metlife’s funds