Brookfield Asset Management has closed its inaugural Brookfield Infrastructure Structured Solutions Fund (BISS), a middle-market infrastructure fund, at its fundraising target of $1 billion. Brookfield-affiliated entities contributed $150 million of the committed capital to BISS.
BISS is focused on deploying Brookfield’s capabilities as an owner and operator of global infrastructure assets to partner with sponsors, developers and corporates in the mid-market. The strategy seeks to invest both structured and common equity. The fund’s strategy targets sectors where Brookfield has established operations and significant asset expertise, drawing on the platform’s direct investment capabilities to source transactions and access differentiated opportunities.
The fund’s initial investments include Strategic Venue Partners, an in-building wireless infrastructure platform, and Origis Energy, a U.S. renewable-energy developer.
With a material portion of the fund al