Brookfield Explores Raising Funds for Middle East Deals - Bloomberg
Brookfield Asset Management Ltd. is exploring raising separate pools of capital to invest in the Middle East, as one of this year’s most active dealmakers seeks to bolster its presence in the region, people familiar with the matter said.
The Canadian firm, which currently invests in the region through its global funds, is studying options to raise dedicated money for Gulf deals, the people said, asking not to be identified as the matter is private. It’s seeking capital for both private equity buyouts as well as real estate transactions, according to the people.
Brookfield may look at buyouts in sectors including business services, financial infrastructure and health care, while in real estate it’s keen to invest in areas like logistics firms and industrial parks in Saudi Arabia, the people said. Deliberations are in the early stages, and it wasn’t immediately clear how much Brookfield is planning to raise.
A representative for Brookfield declined to comment.
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