Brookfield Investment Management has completed a $155 million common stock offering for the Brookfield Global Listed Infrastructure Income Fund, a newly organized nondiversified closed-end management investment fund. The listed fund will trade under the ticker symbol “INF” and will invest in a portfolio of publicly traded equity securities of infrastructure companies.
Kim Redding, CEO and CIO of Brookfield Investment Management, says the fund’s investment universe includes companies that own or lease airports, oil and gas pipelines, electricity transmission lines, seaports, toll roads, communication towers, and water pipelines and treatment plants.
“Importantly, the fund seeks to limit exposure to companies that provide only infrastructure services, such as construction companies or machinery manufacturers,” says Redding. “Rather, the fund focuses upon publicly traded infrastr