Brookfield Asset Management has closed its latest flagship global infrastructure fund, Brookfield Infrastructure Fund IV (BIF IV), with total equity commitments of $20 billion.
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 past 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, as well as 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 companie
