Brookfield Asset Management Inc. has raised roughly US$9.05 billion thus far for its latest global real estate fund, including sponsor commitments.
Investors in the Brookfield Strategic Real Estate Partners III fund now total 120, according to a March 5 SEC filing.
The asset manager was reported earlier to be targeting US$10 billion for the fund, which will focus on large, complex distressed turnarounds or recapitalizations and mid-cap real estate deals.
