Brookfield – Final closing


The Toronto-based alternative asset manager, Brookfield Asset Management, has closed its latest global real estate fund, Brookfield Strategic Real Estate Partners III, with total equity commitments of US$15 billion and exceeding its original fundraising target of $10 billion. The fund will follow its predecessor’s strategy, which focused on value-add and distressed opportunities globally. Investors in the fund include public and private pension plans, sovereign wealth funds, financial institutions, endowments and family offices.