Brookfield Raises $12 Billion for Flagship Global Private Equity Program
03 Oktober 2023 - 12:45PM
Brookfield Asset Management announced today the closing of its
latest flagship global private equity program, Brookfield Capital
Partners VI (“BCP VI” or the “Fund”). With $12 billion in total
capital raised for the strategy, BCP VI is the largest private
equity fund raised by Brookfield.
Partners in BCP VI are a diverse group of
institutional investors, including public and private pension
plans, sovereign wealth funds, financial institutions, endowments
and foundations, and family offices. Brookfield has committed $3.5
billion to the Fund, underscoring the firm’s alignment of interests
with other investors.
Cyrus Madon, CEO of Brookfield’s Private Equity
Group, said, “We are grateful for the confidence and support from
our investors for BCP VI, Brookfield’s largest private equity fund
raised to date. Reaching this milestone is a testament to our
strong track record and longstanding strategy of investing in
high-quality, cash-generative businesses that will benefit from
Brookfield’s deep operating expertise.”
Anuj Ranjan, President of Brookfield’s Private
Equity Group, said, “Our global deal pipeline remains robust during
this current period of market dislocation, which is creating
significant large-scale opportunities that suit our operationally
intensive investment approach.”
To date, the Fund has committed approximately $4
billion to acquire six market-leading businesses and continues to
provide meaningful co-investment opportunities to its partners.
About Brookfield Asset
Management
Brookfield Asset Management Ltd. (NYSE:
BAM, TSX: BAM) is a leading global alternative asset manager
with US$850 billion of assets under management across
renewable, infrastructure, real estate, private equity, credit and
other. We invest client capital for the long-term with a focus on
real assets and essential service businesses that form the backbone
of the global economy. We offer a range of alternative investment
products to investors around the world, which include public and
private pension plans, endowments and foundations, sovereign wealth
funds, financial institutions, insurance companies and private
wealth investors. We draw on Brookfield’s heritage as an owner and
operator to invest for value and generate strong returns for its
clients, across economic cycles.
For more information, please visit our website
at https://bam.brookfield.com or contact:
Media
Marie FullerBrookfield Asset ManagementM: +44
207 407 8375E: marie.fuller@brookfield.com
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Brookfield Asset Management Ltd. is not making
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release and under no circumstance is it to be construed as a
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In addition to historical fact, this news
release may contain “forward-looking statements” within the meaning
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“forward-looking information” within the meaning of Canadian
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