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Brookfield expects impact strategy to grow to $100bn

Nov 12, 2020 - Private Equity International

Brookfield Asset Management 's new series of impact funds is expected to grow to up $100 billion over time, according to chief executive Bruce Flatt.

"Today, options are limited for investors looking to deploy capital at scale in this space. It is for this reason that we believe this strategy will be a $50 billion to $100 billion AUM business in the medium term - and possibly more over the longer term," Flatt wrote in the firm's Q3 2020 letter to shareholders .

Brookfield's G...