Brookfield raises US$12 billion for new global private equity fund

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Brookfield raises US$12 billion for new global private equity fund
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TORONTO — Brookfield Asset Management Ltd. says it has raised US$12 billion for its latest global private equity fund. The company says Brookfield Capital Partners VI is the largest private equity fund it has raised. The fund includes institutional investors, including public and private pension plans, sovereign wealth funds, financial institutions, endowments and foundations, and family offices. Brookfield has committed US$3.5 billion to the fund. It says, to date, the fund has committed about

TORONTO — Brookfield Asset Management Ltd. says it has raised US$12 billion for its latest global private equity fund.The fund includes institutional investors, including public and private pension plans, sovereign wealth funds, financial institutions, endowments and foundations, and family offices.It says, to date, the fund has committed about US$4 billion to acquire six businesses.

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