Portland Investment Counsel has announced its commitment to Brookfield Asset Management Inc. (BAM) with its investment to Brookfield's new fund, Brookfield Infrastructure Fund IV. 

Brookfield Infrastructure Fund IV is the fourth infrastructure fund launched by BAM, a unit of Brookfield Infrastructure Partners. The Fund intends to focus on projects in transportation, renewable power, utilities, energy, and data infrastructure sectors. 

Brookfield Fund IV nears first close at US$14 billion target size.