Brookfield raises its largest-ever fund at $28b; focus on infrastructure

Brookfield Asset Management, a leading private equity firm in Canada, announced a successful capital raise of $28 billion for its largest-ever fund, emphasizing a strategic focus on infrastructure assets poised to benefit from the current trend towards "deglobalization" amid geopolitical tensions. This substantial fund aims to capitalize on the stability and resilience typically offered by infrastructure investments, particularly in the face of market volatility and economic uncertainties. With a scarcity of dealmaking opportunities in various sectors, the appeal of such investments has grown significantly in the past year.

Brookfield has already allocated 40% of the fund's capital across six strategic investments, encompassing renewable energy, transportation, data centers, and telecom tower assets. The firm, boasting an impressive portfolio of over $850 billion in managed assets, concurrently secured an additional $2 billion for related co-investment vehicles. This successful capital raise reflects Brookfield's strategic vision and ability to navigate evolving market dynamics while positioning itself at the forefront of lucrative opportunities in the infrastructure sector.