Catalytic Transition Fund Targets Energy Transition Assets
Brookfield Asset Management has raised $2.4 billion for its Catalytic Transition Fund, aiming to invest in clean energy and energy transition projects. The fund, part of Brookfield's broader commitment to sustainable infrastructure, focuses on assets that support the shift to renewable energy. With a track record of managing over $850 billion in assets, Brookfield’s latest fund will address the growing demand for green energy solutions. This raise aligns with the firm’s long-term strategy to support companies transitioning to cleaner energy sources and decarbonization efforts globally. Brookfield expects further capital inflows as investor interest in sustainable infrastructure grows.