23 February 2021

MetLife Investment Management invests $203.5m in US schools

MetLife Investment Management (IM) has completed a $203.5m public-private partnership  investment for a public school system in the US.

Maryland’s Prince George’s County Public Schools is the second largest system in the state.

The funding will support the future educational needs of the school and the replacing of aging buildings, which is expected to take three years.

As of 31 December, MetLife IM had $131bn in private capital assets under management (AuM) and $660bn in total AuM.

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