Brookfield's private funds raise $12 bln in commitments in 2015
Canadian alternative assets manager Brookfield Asset Management reported that its private funds raised US$12 billion in 2015. It said it expects to wrap up private equity fundraising activity in early 2016. As reported by PE Hub Canada early last year, the firm has been marketing its fourth mid-market private equity fund, Brookfield Capital Partners IV LP, which is said to be targeting US$3.5 billion in commitments. In its report on 2015 financial results, Brookfield also said it expects to complete the public listing of Brookfield Business Partners in the first half of this year. The listing is intended to supply on-going capital for the expansion of the firm's private equity platform.
12 February 2016•10 mins read
