Brookfield Asset Management (BAM) announced today the completion of its latest global private equity program, Brookfield Capital Partners VI ("BCP VI" or the "Fund"). With a total capital raised of $12 billion for this strategy, BCP VI is the largest private equity fund ever established by Brookfield.
The partners in BCP VI represent a diverse group of institutional investors, including public and private pension funds, sovereign wealth funds, financial institutions, foundations, endowments, and family offices. Brookfield has committed to allocate $3.5 billion to the Fund, underscoring the alignment of the company's interests with other investors.
Cyrus Madon, CEO of Brookfield's Private Equity Group, said, "We are grateful for the confidence and support from our investors for BCP VI, the largest private equity fund Brookfield has ever established. Achieving this milestone is a testament to our strong track record and our long-term strategy of investing in high-quality, cash-generating businesses that will benefit from Brookfield's deep operational expertise."
Anuj Ranjan, President of Brookfield's Private Equity Group, said, "Our global deal pipeline remains robust during this current period of market disruption, creating significant large-scale opportunities that align with our operationally intensive investment approach."
To date, the Fund has allocated approximately $4 billion to acquire six market-leading companies and continues to provide significant co-investment opportunities to its partners.
Investment Disclaimer: This article is for informational purposes only and does not constitute investment advice, endorsement, or recommendation regarding Brookfield Asset Management or any investment. Individuals should conduct their research and seek professional advice before making investment decisions. Investing in private equity carries risks, and past performance is not indicative of future results.