Brookfield Asset Management closes $7 bln for second infrastructure fund
Toronto-based alternative assets manager Brookfield Asset Management said Wednesday that it has held the final close on its second infrastructure partnership, Brookfield Infrastructure Fund II, raising equity commitments totaling US$7 billion. This exceeds the fund's original US$5 billion target. The pool, which has over 60 institutional investors, will focus on transportation, renewable power, utilities and energy assets in North and South America, Europe and Australasia. Update: The latest partnership follows on the US$2.7 billion Brookfield Americas Infrastructure Fund LP, which closed in 2010.
30 October 2013•2 mins read
