Brookfield's private funds rake in $8 bln in the first half of 2015
Canadian alternative assets manager Brookfield Asset Management reported that its private funds platform raised US$8 billion in the first half of the year. It said the raise accounted for 60 percent of the original target. As reported by peHUB Canada in January, the firm is currently marketing its fourth mid-market private equity fund, Brookfield Capital Partners IV LP, which is said to be targeting US$3.5 billion in total commitments. Brookfield's private equity group has been active in a number of deals of late, including Armtec Infrastructure Inc, GrafTech International Ltd, North American Palladium Ltd and Quadrant Energy Pty Ltd, previously an affiliate of Apache Corp.
7 August 2015•8 mins read
