Global investment firm Brookfield Asset Management has raised over $4 billion for its latest infrastructure debt vehicle, the firm said in a statement.
The Brookfield Infrastructure Debt Fund IV, reported to have a target of at least $7 billion, secured capital from both existing and new investors, including from Asia Pacific.
The level of commitment underscores the continued demand for the strategy in support of the burgeoning economies, particularly in the Asia Pacific, which will require significant investment in infrastructure.
The predecessor vehicle, the 2023-vintage Brookfield Infrastructure Debt III, secured $6 billion in commitments, making it the world’s largest private infrastructure debt fund at the time.
The Fund targets high-yield debt investments for infrastructure assets and businesses backed by regulated, contracted, or concession-based cash flows.
“We have a significant pipeline of infrastructure debt transactions across the digitalisation, decarbonisation, and de-globalisation megatrends, particularly in markets such as Australia, Japan, South Korea, and Singapore,” said Brookfield Infrastructure Debt senior vice president Sean Robertson in the statement.
Brookfield’s Infrastructure Credit platform deployed more than $4 billion of capital in 2024. In June, it provided a $750 million credit facility to data centre startup Crusoe, which is one of the partners in OpenAI’s Stargate project in Texas, and a $150 million credit facility to Polish renewables platform Qair Polska.
Other global investors who have significant commitments in infrastructure include KKR, which is raising its third and largest Asia-focused vehicle, and Blackstone.
