Canada's Brookfield raises $10b in first close of its second global transition fund

Canada's Brookfield raises $10b in first close of its second global transition fund

Key Speakers At The Brookfield Asset Management Inc. Annual General Meeting Photo: Bloomberg

Canada’s Brookfield Asset Management said on Monday it had raised $10 billion in the first closing of its second “Brookfield Global Transition Fund (BGTF II)” that focuses on investments in the global transition to a net zero economy.

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