Focused on optimizing the performance of diversified timberland portfolios through the integration of our property and portfolio-level expertise.
Infrastructure equity
Why infrastructure equity?
We seek to make equity investments in core and core-plus infrastructure assets focusing on mid-market opportunities predominantly in the United States. Operating as the John Hancock infrastructure team, part of Manulife Investment Management's private markets platform, we’ve been investing in and managing diversified portfolios of infrastructure investments for more than 30 years. We raised our first infrastructure equity fund, John Hancock Infrastructure Fund, for institutional clients in 2018.
Philosophy
We seek to invest in core and core-plus infrastructure assets that provide long-term, predictable cash flows. We also invest opportunistically alongside experienced managers and operators in value-add assets that offer downside protection through contractual provisions or deal structuring1. Our direct infrastructure equity strategy is grounded in our position as a trustworthy and reliable long-term partner—with risk-based investment underwriting backed by Manulife and John Hancock—which can lead to differentiated deal flow. Our diverse network of strategic operators, developers, and financial sponsors produces infrastructure opportunities across the risk/return spectrum. Our industry experience and expertise along all points in the value chain, along with our extensive equity and debt portfolio provide market insight and relationships across the infrastructure sector.
Key facts
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Inception date 1982
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Strategy AUM2 US$11.5 billion
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Category Private markets
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ESG2 US$2.5 billion in renewable energy private equity investments are managed by our infrastructure team
Meet the team
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John C.S. Anderson
Global Head of Corporate Finance and Infrastructure
John directs the firm’s U.S. and Canadian investment teams in the origination, analysis, and management of investments in public bonds, private placement debt, and private equity. John is also an approving officer for all private equity investments made by the firm’s Boston-based investment teams, and he sits on the global credit committee of parent company Manulife. In addition, John is a portfolio manager of John Hancock Infrastructure Fund, a closed-end fund that allows third-party investors to invest alongside Manulife. Prior to his current role, he led the U.S. investment teams, and prior to that, he led the firm’s power and infrastructure investing team. Before joining Manulife in 2001, he worked for 10 years in the New York and London offices of JPMorgan Chase, where he led teams that advised on bond market financing.
- Education: B.A. in Economics, University of Chicago; M.B.A., Georgetown University
- Joined the company: 2001
- Began career: 1990
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Recep C. Kendircioglu, CFA, FRM
Portfolio Manager, Head of Infrastructure Investments
Recep oversees the firm’s infrastructure investments group and is a portfolio manager of infrastructure-related closed-end funds that allow third-party investors to invest alongside Manulife. Prior to joining the firm, he worked for Enel North America, acquiring and developing renewable energy projects in the United States and Canada and also taking an international assignment for privatization bids in Poland and France. Prior to Enel, Recep managed the strategy and planning group at InterGen, where he worked on the development and financing of U.S. thermal plants. Recep holds the Chartered Financial Analyst and Financial Risk Manager designations and is a member of the Boston Security Analysts Society.
- Education: B.S. in Computer Engineering, Boğaziçi University; M.B.A., Rice University
- Joined the company: 2007
- Began career: 1999
Contact us
Focused on optimizing the performance of diversified agriculture portfolios through the integration of our property and portfolio-level expertise.
Our experienced investment team has a long history of investing in real estate, and its success has been driven by deep industry experience, a long-term focus, and a disciplined investment approach. Together, our regional approach and investment expertise create a unique foundation for informed decisions and solid performance.
Our integrated private equity and credit team includes nearly 50 investment professionals focusing on primary private equity fund investments, direct lending, equity co-investments, and secondaries.
1 Investment advisory services to external accounts in the United States are offered by Manulife Investment Management Private Markets (US) LLC (“Manulife IM PM (US)”), a U.S. Securities and Exchange Commission registered investment adviser and subsidiary of Manufacturers Investment Corporation. Members of the John Hancock Infrastructure Team manage assets directly for the John Hancock U.S. General Account and separately manage assets for private fund clients and certain affiliate accounts through Manulife IM PM (US). The inception date of Manulife IM PM (US)’s first external account mandate was 2018. Manulife IM PM (US) manages US$3.3B of infrastructure equity assets on a discretionary basis as of March 31, 2022.
2 ESG data as of December 31, 2021 in USD. The infrastructure team manages renewable energy related private equity investments on behalf of external clients and the insurance business of Manulife. All other data is as of March 31, 2022, unless otherwise indicated. AUM figure is as of Q1 2022, and is provisional and contingent on auditors’ review.