Brookfield Asset Management Inc
Brookfield Closes Inaugural Infrastructure Debt Fund
BROOKFIELD, NEWS, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. ("Brookfield") (NYSE:BAM) (TSX:BAM.A) (Euronext:BAMA) announced today that it held the final close on the Brookfield Infrastructure Debt Fund ("BID" or the "Fund") with aggregate equity commitments of approximately US$885 million, exceeding its target of US$700 million. BID is Brookfield's first investment vehicle focused on infrastructure debt, targeting mezzanine debt investments in high-quality core infrastructure assets primarily in North America, as well as in South America, Australia, and Europe.
Investors in the Fund are a diverse group of institutional investors, including public pension plans and financial institutions.
"We are grateful for the strong support we have received from our investors, whose contributions demonstrate that demand for infrastructure debt investing continues to grow," said Sam Pollock, Senior Managing Partner and Head of Brookfield's Infrastructure Group. "We are pleased to leverage our extensive infrastructure and credit expertise into high quality infrastructure debt investments that offer attractive, risk-adjusted returns."
To date, the Fund has made a number of investments, creating a diversified portfolio of core infrastructure debt assets in the transportation, renewable power, and energy sectors, representing aggregate mezzanine lending commitments of approximately US$200 million.
Brookfield Asset Management
Brookfield is a leading global alternative asset manager with over $265 billion in assets under management. The company has more than a 100-year history of owning and operating assets with a focus on infrastructure, real estate, renewable power and private equity. Its infrastructure debt business seeks to lend to owners and operators of high quality infrastructure assets globally across the renewable power, utilities, transport, and energy sectors. For more information, please visit our website at www.brookfield.com
For more information, please contact:
Information om Nasdaq OMX
Følg pressemeddelelser fra Nasdaq OMX
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Nasdaq OMX
AnGes MG, Inc.23.1.2018 04:46 | pressemeddelelse
AnGes Submits Application for Marketing Approval to PMDA for HGF gene therapy for Critical Limb Ischemia
SEMAFO Inc.23.1.2018 01:01 | pressemeddelelse
SEMAFO Inc. : Q4 and Annual 2017 Production and Costs in Line
Atico Mining Corporation22.1.2018 22:31 | pressemeddelelse
Atico Reports 2017 Fourth Quarter and Full Year Production Results
Banque Fédérative du Credit Mutuel SA22.1.2018 18:56 | pressemeddelelse
Banque Fédérative du Credit Mutuel: Post Stabilisation Notice
Claroty22.1.2018 18:44 | pressemeddelelse
Claroty Wins Inaugural S4 ICS Detection Challenge
PwC22.1.2018 18:32 | pressemeddelelse
CEO optimism booms despite increasing anxiety over threats to growth
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum