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

Toronto Private Equity Giant Says ‘Floodgates Have Only Started to Open’ for Institutional Investors
Brookfield Asset Management is looking at growing opportunities to deploy about 77 billion U.S. dollars. (Getty Images)
Brookfield Asset Management is looking at growing opportunities to deploy about 77 billion U.S. dollars. (Getty Images)
CoStar News
August 14, 2020 | 7:57 P.M.

Brookfield Asset Management reported collecting 23 billion 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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