MLC AM’s Private Equity Fund III had its first close with $140 million in committed capital at the end of October, but conversations around the fund began in late 2019 – shortly before COVID-19 emerged in the city of Wuhan, China.

With international travel quickly halted, chief investment officer Mr Armitage told InvestorDaily that it was “fortuitous” that Zoom was one of the companies that already sat within MLC AM’s investment portfolios as the raising process went entirely online, allowing conversations with clients to continue even as domestic and international borders slammed shut. READ MORE