Investors - MARCH 12, 2014

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Brookfield marketing fourth debt fund

by Andrea Waitrovich

Brookfield Asset Management has a fourth real estate debt fund, Brookfield Real Estate Finance IV, in the market, according to a filing with the SEC. A fundraising equity target was not disclosed.

Its predecessor, Brookfield Real Estate Finance III, invests in U.S. debt. It closed in June 2012 with $400 million capital commitments. The fund provides financing for higher quality properties through mezzanine loans and B-notes.

Investors include the New Hampshire Retirement System and South Carolina Retirement System.

Brookfield Asset Management has more than $175 billion in assets under management. Recently, the firm released its financial results for the quarter and 2013.

Brookfield launched Brookfield Property Partners in April 2013 and has established large capitalization listed

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