Finance

Brookfield Asset Management Secures $28 Billion for Global Infrastructure Investments

Published December 1, 2023

Brookfield Asset Management, a prominent player in the asset management sector, announced a significant milestone in securing funds for its latest venture. The Canadian-based company has successfully raised an impressive $28 billion earmarked for a global infrastructure fund. This marks a major achievement for the firm, highlighting its capacity to gather substantial investment capital.

Massive Fund for Global Development

The fund is set to channel its resources into infrastructure projects across the globe. Brookfield Asset Management is prioritizing the expansion and refurbishment of essential services and infrastructure, aiming to bolster economic growth in various regions. To complement the main fund, an additional $2 billion has been gathered for co-investment vehicles, further expanding the fund's reach.

Strategic Deployment of Capital

Already making significant strides, the fund has efficiently allocated 40% of its available capital to six distinct investments. These early investments demonstrate the fund's strategy and commitment to swiftly deploying resources into valuable infrastructure assets. Brookfield's adept management of the fund illustrates their expertise and strategic acumen within the investment community.

Focusing on Long-Term Value Creation

In these ventures, Brookfield Asset Management remains steadfast in its goal of creating long-term value. Investments in infrastructure represent critical components for sustainable economic progress and are a testament to the company's forward-thinking approach. With a solid track record in asset management, the $28 billion fund is poised to make a substantial impact on infrastructure development on a global scale.

Brookfield, Infrastructure, Investment