Brookfield Raises $6 Billion for Third Infrastructure Debt Fund
- Over 50% of the committed capital has already been deployed
- More than 60% of the fund’s investors are new to the strategy
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Brookfield Asset Management closed its third global infrastructure debt fund after receiving more than $6 billion in investor commitments, according to a statement seen by Bloomberg.
Brookfield Infrastructure Debt Fund III is more than double the size of its predecessor, which raised $2.7 billion in 2020, a Brookfield spokesperson said. Over 60% of its investors are new to the so-called BID program, and Brookfield itself committed $600 million.