The New York-based investment giant has introduced a new evergreen private equity fund, giving the country’s high-net-worth accredited investors access to its global investment platform. The fund requires at least a $25,000 investment, allows monthly subscriptions and promises redemptions of up to 5 per cent of the fund’s net assets each quarter. (The Logic, The Globe and Mail)
Talking point: Brookfield sold US$690 million in assets to launch this new fund, which offers an alternative to traditional closed-end funds that lock up capital for years. Brookfield’s move signals growing appetite among wealthy investors for private-market exposure and higher returns, as firms like Sagard, Wealthsimple and KKR also push into the retail wealth channel. Canadian private equity investments reached $18.2 billion in the first quarter of 2025. “Allocations to alternatives are growing rapidly—not just for institutions, but also among individual investors,” said David Nowak, president of Brookfield’s private equity group.