Brookfield Raises $10 Billion for Climate Transition Fund
By Mark Segal
Brookfield Asset Management announced today that it has raised $10 billion at the first close of its second global private equity fund focused on investments accelerating the transition to a net-zero economy, the Brookfield Global Transition Fund (BGTF II).
According to Brookfield, the new fund, launched last year, is already on track to exceed the size of its record-breaking predecessor BGTF fund, which reached $15 billion at its final close in June 2022, making it the largest private fund dedicated to investing in the net zero economy.
Source: ESG Today (link opens in a new window)
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