Brookfield Raising Outside Money for Credit Hedge Fund
This is the asset management giant’s first credit hedge fund for external investors. It has been operating with internal money since September 2014.
One of the largest alternative investment managers is offering its first credit hedge fund to outside investors.
Brookfield Asset Management is beginning to take in outside capital for the Brookfield Credit Opportunities Fund, which invests in credit and equities. The fund was launched with internal money in September 2014 and now manages about $375 million.