Brookfield Asset Management Sees $150 Billion Fundraising Goal Within Reach

Brookfield Asset Management remains confident that it can reach its goal of raising $150 billion in new investment capital this year after banking $26 billion in the third quarter alone.

The publicly traded infrastructure-focused investment firm controlled by Brookfield Corp. said it amassed $61 billion this year through September. That included $715 million in commitments to its sixth private-equity fund during this quarter. The fund wrapped up roughly a month ago with $12 billion, making it Brookfied’s largest vehicle for the strategy.

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