Brookfield raises $6B towards distressed asset fund
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Brookfield Asset Management On Track For Largest-Ever Raise As It Zeroes In On Distress
Canadian investment manager Brookfield Asset Management raised $5.9B for its new real estate opportunity fund in the first quarter of 2025, bringing the total raised for the fund to about $16B. Brookfield Strategic Real Estate Partners V, which is targeting distressed assets, is “on track to be our largest real estate strategy raise ever,” Brookfield Asset Management President Connor Teskey said on the company's first-quarter earnings call Tues…
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