Fundraising - JUNE 26, 2017

Brookfield raises $284m for infrastructure debt fund

by Jody Barhanovich

Brookfield Asset Management has raised $283.5 million for Brookfield Infrastructure Debt Fund I, according to a filing with the SEC.

Brookfield Infrastructure Debt Fund I, which launched in June 2016, is a fund that invests in debt secured by U.S. infrastructure assets. An equity fundraising target for the infrastructure debt fund was not included in the filing.

Brookfield Infrastructure Debt Fund I is one of Brookfield’s 38 private funds, including private credit and private equity funds across infrastructure and real estate, according to a report.

In July 2016, Brookfield held a $14 billion final close for its Brookfield Infrastructure Fund III, marking the largest private fund raised by Brookfield and the largest private infrastructure fund ever raised in the industry. The fund is a global infrastructure fund that invests in core infrastructure assets on a value basis.

Brookfield expects to begin fundraising for its next infrastructure and private equity flagship funds in 2018.

As of March 31, 2017, Brookfield had a total of $250 billion in assets under management.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?