About This Fund
The Manulife Strategic Secondaries Fund L.P. is dedicated to investments in sector-leading companies supported by high-quality general partners (GPs). The fund has amassed $610m in total capital commitments from a broad array of third-party investors and the Manulife general account, highlighting the platform's diverse investment appeal. The fund's strategy is spearheaded by global co-heads and co-portfolio managers Jeff Hammer and Paul Sanabria. It aims to focus primarily on continuation vehicles, preferring transactions involving three or fewer assets to generate secondary market alpha by selectively compiling a portfolio of outstanding companies. The fund's investment strategy also includes investing alongside reputable sponsors, ensuring a strong alignment with new investors. The fund's investment strategy places a strong emphasis on GP-led secondaries, aiming to capitalize on the surge in this area over the last four years. This approach allows sponsors to retain prized assets for further value creation and for partners to achieve interim liquidity, providing mutual benefits for limited partners and sponsors. Manulife IM's approach is supported by its sponsor-centric platform, which includes over 200 general partner relationships and provides capital solutions across five key verticals: primary fund investments, equity co-investments, senior and junior credit, and GP-led secondaries. The inaugural fund focused on GP-led secondaries has successfully navigated a challenging macroeconomic landscape, providing a unique investment avenue for clients and expressing gratitude towards global private equity sponsors for their trust and recognition of Manulife's expertise in offering flexible capital solutions. "