Brookfield Infra IV closes at USD 20bn

07 February 2020 - 12:00 am UTC

Brookfield Infrastructure Fund IV closed with total equity commitments of USD 20bn, Brookfield Asset Management said on 7 February.

The fundraise exceeded its original USD 17bn target and more than the USD 14bn raised for Brookfield Infrastructure Partners III.

Investors in the fund are a group of 170 institutional investors from across the globe, including public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, endowments and foundations, family offices and private wealth investors.

Approximately 75% of the fund came from existing investors in Brookfield, while Brookfield also committed USD 5bn to the fund. That commitment will be funded through Brookfield Infrastructure Partners LP and Brookfield Renewable Partners LP.

Read more