Published 09/23/2024 11:00:00 a.m.

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA - Brookfield Asset Mgmt (NYSE:BAM)

Summary by Benzinga

Additional capital raised from CDPQ, GIC, Prudential and Temasek, among others Targeting up to $5 billion, anchored by $1 billion catalytic capital investment by ALTÉRRA BROOKFIELD, NEWS, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) ("Brookfield") today announced an initial closing of $2.4 billion for the Catalytic Transition Fund ("CTF" or "the Fund"), marking a significant milestone towards the target of…

0 Articles

All

Left

Center

Right

Benzinga

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA - Brookfield Asset Mgmt (NYSE:BAM)

09/23/2024 11:00:00 a.m.·New York, United States

Read Full Article

csimarket.com

#Brookfield Asset Management Secures $2.4 Billion in Initial Funding for Catalytic Transition Fund, Backed by Strategic Anchor Commitment from ALTRRA

In an ambitious endeavor poised to reshape the landscape of climate finance, Brookfield Asset Management Ltd has proudly announced the launch of its groundbreaking Catalytic Transition Fund, specifically designed for transition investing in emerging markets. With an impressive initial fundraising target of $5 billion, this pioneering initiative aims to mobilize critical capital to drive sustainability and climate resilience in regions that are m…

09/23/2024 12:00:14 p.m.

Read Full Article

ESG Today

Brookfield Raises $2.4 Billion for Emerging Markets-Focused Climate Transition Fund

Brookfield Asset Management announced today that it has raised $2.4 billion for its Catalytic Transition Fund (CTF), aimed at driving clean energy investments in underserved emerging economies, only three months after the fund’s official launch in June 2024. Initially unveiled in December 2023 at the COP28 climate conference in Dubai, with a $1 billion anchor […]

09/23/2024 3:06:55 p.m.

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Coverage Details

Total News Sources0

Leaning Left0Leaning Right0Center1Last Updated09/23/2024 11:06:22 p.m.Bias Distribution

100% Center

Bias Distribution

100% of the sources are Center

100% Center

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA - Brookfield Asset Mgmt (NYSE:BAM)

0 Articles

0 Articles

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA - Brookfield Asset Mgmt (NYSE:BAM)

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA - Brookfield Asset Mgmt (NYSE:BAM)

#Brookfield Asset Management Secures $2.4 Billion in Initial Funding for Catalytic Transition Fund, Backed by Strategic Anchor Commitment from ALTRRA

#Brookfield Asset Management Secures $2.4 Billion in Initial Funding for Catalytic Transition Fund, Backed by Strategic Anchor Commitment from ALTRRA

Brookfield Raises $2.4 Billion for Emerging Markets-Focused Climate Transition Fund

Brookfield Raises $2.4 Billion for Emerging Markets-Focused Climate Transition Fund

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics