MetLife eyes expansion into asset-backed finance

An expanded private debt platform is considered in the asset management unit’s quest for $1trn in AUM.

MetLife Investment Management is considering expanding its private debt platform into asset-backed finance, Private Debt Investor has learned.

In a statement sent to PDI, Brian Funk, global head of private capital at MetLife Investment Management, said that the burgeoning ABF space is an area the firm is considering.