Over $14B in Commitments Flow Into New Brookfield Funds
Toronto-based alternative assets manager Brookfield Asset Management has raised over US$14 billion in commitments for a range of private and public funds focused on infrastructure, real estate and timberland. Investors include sovereign wealth funds, pension funds, other institutional investors and high net-worth individuals. The US$4.4 billion Brookfield Strategic Real Estate Partners was among the funds closed. This fund, which targets opportunistic investments in commercial property, has already deployed US$1.1 billion, part of which went to the June acquisition of EZW Gazeley Ltd., a European logistics facilities owner.
25 July 2013•6 mins read
