Brookfield Closes Second Brazilian Timber Fund on US$270 Million (Latin America)

Source: AltAssets

Global alternative asset manager Brookfield Asset Management has closed its Brookfield Brazil Timber Fund II with US$270 million in capital commitments, surpassing its initial target of US$200 million. The fund will focus on equity and equity-related investments in Brazilian timberlands and timber-related assets. Brookfield is currently invested in 2.6 billion acres of timberland across the Americas.