Brookfield to target $ 25 billion for largest infrastructure fund
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(Reuters) – Canada’s Brookfield Asset Management Inc is looking to raise $ 25 billion for its fifth flagship infrastructure fund, Bloomberg News reported on Friday.
Brookfield has already started marketing the fund and may exceed the target, according to the report, which cited a person familiar with the matter.
A company spokesperson declined to comment.
Brookfield closed its $ 20 billion, fourth infrastructure fund a year ago and about 75% of the fund has been committed to investment, it said in a statement earlier this month, adding that it had already launched fundraising for its next fund.
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