Canadian alternative investment firm Brookfield Asset Management Inc. has said that it has raised US$12 billion for its latest flagship global private equity Brookfield Capital Partners VI fund (BCP VI). 

BCP VI is a global fund that will invest in a wide range of industries, including industrials, consumer, healthcare, financial services, and technology. The BCP VI fund raised US$12 billion, exceeding its initial target of US$10 billion. Brookfield pledged US$3.5 billion to the fund, highlighting its shared interests with fellow investors. The fund's Limited Partners comprise a varied mix of institutional investors, such as public and private pension plans, sovereign wealth funds, financial institutions, endowments, foundations, and family offices. The fund has committed about US$4 billion to acquire six businesses and continues to provide co-investment opportunities to its partners. Overall, the launch of BCP VI is a significant event for the private equity industry and for Brookfield Asset Management. The fund is well-positioned to invest in a variety of industries and to help businesses grow and expand.

Brookfield, listed on both the New York and Toronto stock exchanges, oversees a total of US$850 billion in assets under management, spanning various sectors including renewable energy, infrastructure, real estate, private equity, credit, and other asset classes.