Brookfield Asset Management Launches $1 Billion Infrastructure Fund

Brookfield Asset Management Ltd. Class A ( (TSE:BAM) ) has provided an update.

Brookfield Asset Management announced the successful closing of its first Brookfield Infrastructure Structured Solutions Fund, raising approximately $1 billion. This fund aims to leverage Brookfield’s expertise in global infrastructure to partner with mid-market sponsors, developers, and corporates, focusing on sectors where Brookfield has significant operations. The fund has already made initial investments in Strategic Venue Partners and Origis Energy, with Brookfield contributing $150 million of the committed capital. The launch of this fund represents an expansion into the middle market, addressing growing demand for infrastructure investments driven by trends like decarbonization and digitalization.

More about Brookfield Asset Management Ltd. Class A

Brookfield Asset Management Ltd. is a leading global alternative asset manager based in New York, managing over $1 trillion in assets across sectors such as renewable power, infrastructure, private equity, real estate, and credit. The company focuses on long-term investments in real assets and essential service businesses, offering a variety of alternative investment products to a wide range of global investors.

YTD Price Performance: -12.46%

Average Trading Volume: 1,038,829

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$110.9B

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