Brookfield closes fifth PE fund
Brookfield Asset Management Inc has closed its fifth private equity fund at US$9 billion, beating its US$7 billion target. BCP V's investors include public and private pension plans, sovereign wealth funds, financial institutions, endowments and foundations, family offices and private wealth investors. Brookfield's previous fund closed in 2016 at $4 billion. Brookfield is listed on the New York and Toronto stock exchanges under the symbols BAM and BAM.A, respectively.
4 November 2019•2 mins read
