Le mie ricette per la real estate communityBrookfield Asset Management Inc. announced today the closing of its latest flagship global infrastructure fund, Brookfield Infrastructure Fund IV (“BIF IV” or the “Fund”), with total equity commitments of $20 billion.
Based on strong investor demand, BIF IV attracted total capital commitments exceeding the original $17 billion fundraising target. BIF IV’s predecessor fund closed in 2016 with $14 billion of total capital commitments.
Over the last 24 months, Brookfield has raised more than $50 billion across its flagship private fund strategies, including the close of its flagship real estate fund, Brookfield Strategic Real Estate Partners III, at $15 billion, and its flagship private equity fund, Brookfield Capital Partners V, at $9 billion, and co-investment capital across each fund. All three flagship funds surpassed their fundraising targets.
Investors in BIF IV are a diverse group of 170 institutional investors from across the globe, including public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, endowments and foundations, family offices, and private wealth investors. Approximately 75% of the third-party capital came from existing Brookfield investors, highlighting Brookfield’s focus on building long-term relationships with its limited partners.
Source : Company