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2 clusters · 6 sources · 5 days · First seen · Last updated

CPP Investments and Brookfield Canadian infrastructure fund

Overview

CPP Investments and Brookfield Asset Management launched the Maple Fund, a cooperation framework intended to deploy up to C$50 billion in equity toward large-scale Canadian infrastructure projects and strategic industries. The two organizations plan to contribute up to C$25 billion each over an initial five-year period, targeting opportunities with project equity values exceeding C$5 billion.

Following the fund launch, Brookfield Asset Management announced strategic goals to double its fee-bearing capital by 2031. CEO Connor Teskey stated the company aims to double the size of its asset-management business every five years or less, driven by momentum in sectors including infrastructure, energy, private equity, real estate, and credit.

Entities

Connor Teskey · CPP Investments · Brookfield Asset Management · Hadley Peer Marshall · Canada

Timeline

  1. 6 days ago

    [BUSINESS] 2 sources
    Brookfield Asset Management targets doubling capital by 2031

    Brookfield Asset Management aims to double its fee-bearing capital by 2031 and has launched a $50 billion Canadian infrastructure fund in partnership with CPP Investments.

  2. 11 days ago

    [BUSINESS] 4 sources
    CPP Investments and Brookfield launch C$50B Maple Fund for Canadian infrastructure

    CPP Investments and Brookfield Asset Management have launched the C$50 billion Maple Fund to finance large-scale Canadian infrastructure and strategic industry projects over the next five years.

Sources

agefi.fr · fool.ca · globalnews.ca · pulse2.com · stocknews.com · winnipegfreepress.com