Brookfield Asset Management .-Brookfield Opens Fundraising for Catalytic Transition Fund with Anchor Commitment from ALTÉRRA Targeted to Raise up to $5 billion to Scale Up Climate Finance in Emerging Markets

First dedicated fund introduced for transition investing in emerging markets $1 billion committed by UAE-backed ALTÉRRA CTF first close expected by the end of 2024 BROOKFIELD, NEWS, June 13, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) ("Brookfield") and Alterra Management Limited announced today the launch of the Catalytic Transition Fund ("CTF" or "the Fund") focused on directing capital into clean energy and transition assets in emerging economies. With the urgent need to cut ...