Brookfield Oaktree Wealth Solutions has launched a private infrastructure fund for individual investors in the United State, the firm announced Wednesday.
The provider of alternative investments is making its flagship infrastructure offering, Brookfield Infrastructure Income Fund, available to U.S. investors. The semi-liquid strategy was launched in Asia Pacific and Europe in February and has raised more than $1.5 billion.
The Brookfield Infrastructure Income Fund’s strategy connects individual investors to Brookfield’s $258 billion infrastructure and renewable power platforms to invest in assets that meet the strategy’s investment criteria across the renewable power and transition, data, utilities, transport, and midstream sectors. Brookfield focuses on infrastructure assets that provide essential services, have high barriers to entry, and also have sustainable, long-term, inflation-linked cash flows, the firm said.
“Infrastructure is especially attractive in today’s market, providing strong risk adjusted returns, attractive income, and a natural inflation hedge,” David Levi, Brookfield managing partner and head of Brookfield Oaktree Wealth Solutions, said in a statement.
Chloe Berry, head of the Brookfield Infrastructure Income Strategy, added in a statement, “It’s never been a more critical time to invest in assets that form the backbone of the global economy. We believe we are currently in the midst of an infrastructure super-cycle as the world looks to modernize its infrastructure to meet the needs of tomorrow.”
Brookfield Oaktree Wealth Solutions was launched in April 2021 with the goal of expanding alternative investments to financial advisors and their clients globally, Brookfield said. The platform now offers a variety of liquid, semi-liquid, and private strategies across real estate, infrastructure, credit and private equity.