Brookfield tops target to raise largest-ever infrastructure fund at $14b

Brookfield tops target to raise largest-ever infrastructure fund at $14b

Brookfield Infrastructure Chief Executive Sam Pollock (R) smiles as he speaks with Asciano Ltd Chief Executive Officer (CEO) John Mullen during a media conference in Sydney, Australia, August 18, 2015. REUTERS/David Gray

Brookfield Asset Management Inc. raised $14 billion for its latest infrastructure fund, topping its target, as Canada’s largest alternative asset manager goes on the prowl for larger acquisitions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter