Insider Brief
- Brookfield Asset Management has closed its first Brookfield Infrastructure Structured Solutions Fund (BISS), securing approximately $1 billion in capital commitments to invest in mid-market infrastructure.
- The fund targets structured and common equity investments in sectors where Brookfield has established operations, with initial investments including Strategic Venue Partners, a wireless infrastructure platform, and Origis Energy, a U.S. renewable energy developer.
- Brookfield-affiliated entities contributed $150 million to the fund, reinforcing alignment with investors, as the firm looks to expand its infrastructure structured solutions strategy in response to growing demand driven by trends in decarbonization, digitalization, and deglobalization.
PRESS RELEASE – Brookfield Asset Management (“Brookfield”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, announced the closing of its inaugural Brookfield Infrastructure Structured Solutions Fund (“BISS” or “the Fund”), a middle-market infrastructure fund, achieving its fundraising target with approximately $1 billion of capital commitments.
BISS is focused on deploying Brookfield’s capabilities as an owner and operator of global infrastructure assets to partner with sponsors, developers, and corporates in the mid-market. The strategy seeks to invest both structured and common equity.
BISS’s strategy targets sectors in which Brookfield has established operations and significant asset expertise, drawing on the platform’s direct investment capabilities to source transactions and access differentiated opportunities. Initial investments in the Fund include:
- Strategic Venue Partners, a leading in-building wireless infrastructure platform
- Origis Energy, a U.S. renewable energy developer
Brookfield affiliated entities contributed $150 million of the committed capital in BISS, underscoring the firm’s longstanding alignment of interests with those of its investors. With a material portion of the Fund already committed and a strong pipeline of opportunities, Brookfield expects to significantly grow the Infrastructure Structured Solutions strategy over the coming years.
Ian Simes, Managing Partner and Co-Head of Brookfield’s infrastructure debt and structured solutions businesses, said: “We are delighted with the support from our clients for this first-time fundraise, which demonstrates the appetite from investors to access this market opportunity. It marks a further expansion of the Brookfield Infrastructure platform into the middle market, providing capital solutions to a wider range of infrastructure investors, including other sponsors.”
Hadley Peer Marshall, Managing Partner and Co-Head of Brookfield’s infrastructure debt and structured solutions businesses, added: “Demand for infrastructure investment continues to grow, driven by the key trends of decarbonization, digitalization and deglobalization. The Brookfield Infrastructure Structured Solutions Fund blends the attributes of infrastructure debt and infrastructure equity, both of which are areas where Brookfield manages the world’s largest funds. We look forward to growing this new strategy to a similar scale over time.”
