The Alameda County (Calif.) Employees’ Retirement Association (ACERA) has committed $70 million to infrastructure funds, including those managed by Brookfield and Rockland Capital.
Brookfield Global Transition Fund II received $40 million for its closed-end strategy that supports the global transition to net-zero through renewable power and carbon emission reductions in Europe and North America. The fund aims to raise $20 billion. Norges Bank Investment Management, which invests on behalf of Norway’s sovereign wealth fund, committed $1.5 billion and the California Public Employees’ Retirement System committed $1 billion in recent months. Brookfield Global Transition Fund I, the fund’s predecessor, raised $15 billion in equity in 2022.
Rockland Power Partners V received
