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Brookfield Asset Management closes largest private fund to date

Feb 01, 2019 - SNL Financial

Brookfield Asset Management Inc. closed global private real estate fund Brookfield Strategic Real Estate Partners III LP with total equity commitments of US$15 billion, making it Brookfield's largest private fund to date.

Brookfield and Brookfield Property Partners LP committed US$3.75 billion to the investment vehicle, which attracted more than 150 limited partners.

The fund focuses on high-quality real estate assets and has made 10 investments globally totaling more than US$5 billi...