Brookfield Launches New Fund for Canadian Retail Investors

World’s leading alternative asset manager Brookfield has announced that it has launched the Brookfield Private Equity Fund (Canada) (BPE-CAD).

The evergreen strategy provides investors streamlined access to Brookfield’s leading private equity platform through a simplified investment process that includes monthly subscriptions and a low investment minimum.

BPE-CAD builds on Brookfield’s 25-year track record of investing in and transforming companies that underpin the global economy. The Fund offers investors exposure to a diversified portfolio of high-quality businesses, leveraging Brookfield’s deep operational expertise and focus on creating long-lasting value.

Brookfield’s Private Equity Group CEO Anuj Ranjan said that their private equity strategy has been simple, consistent and successful.

“We are value investors focused on operational transformation in essential industrial and business services. With a robust investment pipeline ahead, we believe our global scale, disciplined investment strategy, and deep operating expertise create a unique opportunity for advisors and their clients seeking diversification and long-term value,” Anuj said.

President of Brookfield’s Private Equity Group and CEO of BPE David Nowak said that allocations to alternatives were growing rapidly, not just for institutions, but also among individual investors.

He added: “Building on Brookfield’s private wealth experience across real estate, infrastructure, and credit, we look forward to bringing our 25-year track record to the advisor community in Canada, and to continuing to expand our capabilities for individual investors globally over the coming months.”

With $150 billion in assets under management, a team of 160 investment professionals, and 142,000 operating employees worldwide, Brookfield’s private equity platform specialises in the operational transformation of essential businesses and has delivered consistent results across market cycles.

The New York-based firm manages $1 trillion across all its investment strategies and its private equity arm focuses on acquiring and improving industrial and business services companies.

Two Major PE Deals

It may be recalled that Brookfield has completed two major private equity deals this year demonstrating its operational approach.

It has acquired Antylia Scientific from GTCR for about $1.34 billion in partnership with La Caisse (formerly CDPQ). Antylia manufactures and distributes testing equipment and consumables for diagnostics, environmental and life sciences laboratories

The second acquisition by Brookfield was Chemelex from nVent Electric for $1.7 billion. Chemelex, known as the inventor of electric heat tracing systems for temperature regulation in industrial pipes, serves residential, energy and infrastructure sectors. Brookfield funded the acquisition with approximately $830 million in equity.