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Brookfield Targets Most of $23Bn in New Investment Capital for Distressed Debt

Toronto Private Equity Giant Says ‘Floodgates Have Only Started to Open’ for Institutional Investors
Source: Getty Images
Source: Getty Images
CoStar News
August 17, 2020 | 12:03 P.M.

Brookfield Asset Management reported collecting 23 bn U.S. dollars in new investor funds even in the financial fallout of the pandemic in the second quarter, with more than half to be used for its Oaktree Capital affiliate’s distressed debt investment platform.

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