Brookfield Asset Management Sees $150 Billion Fundraising Goal Within Reach
Nov. 6, 2023 7:46 pm ET|WSJ ProBrookfield 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.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8The go-to source for all things private equity.News, data and analysis to help you find opportunities, and to follow the broad ...