Brookfield Asset Management is seeking to raise US$25 billion for its fifth flagship infrastructure fund, its largest on record
Brookfield’s US$20 billion fourth infrastructure fund has committed about 75 per cent of its capital for investment, the company said in a statement earlier this month. Brookfield Infrastructure Partners, the firm’s publicly traded subsidiary, made several acquisitions in recent months, including Australia’s AusNet Services Ltd. and Inter Pipeline Ltd., which operates assets across Western Canada.
Investors continue to pour money into infrastructure funds, lured by the promise of stable, recurring returns. Adebayo Ogunlesi’s Global Infrastructure Partners also plans to raise US$25 billion for a new flagship fund, Bloomberg reported last week.
The amount of capital targeting the sector is forecast to grow to US$1.87 trillion by 2026, up from US$864 billion at the end of 2021, according to data provider Preqin.
Read more: BNN Bloomberg
