Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA
BNBrookfield Corporation(BN) GlobeNewswire News Room·2024-09-23 19:00

Additional capital raised from CDPQ, GIC, Prudential and Temasek, among others Targeting up to 5billion,anchoredby5 billion, anchored by 1 billion catalytic capital investment by ALTÉRRA BROOKFIELD, NEWS, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced an initial closing of 2.4billionfortheCatalyticTransitionFund(“CTF”or“theFund”),markingasignificantmilestonetowardsthetargetofraisingupto2.4 billion for the Catalytic Transition Fund (“CTF” or “the Fund”), marking a significant milestone towards the target of raising up to 5 billion for deployment towards clean energy a ...