Brookfield has raised over $4bn (£3bn) at the first close of its latest infrastructure debt fund, attracting commitments from both existing and new investors.
Brookfield Infrastructure Debt Fund IV targets high-yield debt investments for infrastructure assets and businesses backed by regulated, contracted, or concession-based cash flows.
Sean Robertson, Brookfield infrastructure debt senior vice president, specifically highlighted demand from the Asia-Pacific region and said that the firm has a “significant pipeline of infrastructure debt transactions” in markets such as Australia, Japan, South Korea and Singapore.
Read more: Brookfield: GP-led RE secondaries “compelling”
“Our Asia Pacific investors recognize the tailwinds for infrastructure debt and we are pleased with the level of commitments secured for the strategy from the region,” he added.
The fund’s previous vintage raised $6bn at its final close in 2023, making it the world’s largest private infrastructure debt fund at that time.
“Demand for capital to support infrastructure growth is substantial, creating strong opportunities to partner with leading companies and finance their infrastructure businesses,” said Ian Simes, co-head of Brookfield’s infrastructure debt and structured solutions businesses.
Read more: Brookfield Credit invests $1bn in 17Capital’s private credit strategies
“Brookfield has been at the forefront of this market, delivering tailored capital solutions and building a strong global pipeline.”
Brookfield’s infrastructure credit platform invests in core sectors such as renewable power and data infrastructure, and deployed over $4bn last year. Recent investments include a $750m credit facility to Crusoe to support the growth and scaling of their AI factories and a $150m credit facility to Qair Polska, a Polish renewable platform.
Read more: Infrastructure fund managers expect capital inflows to rise
