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| Home : Brookfield Closes US$1 Billion Global Timberlands Fund |
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Aug 21
2013 |
Brookfield Closes US$1 Billion Global Timberlands Fund |
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TORONTO, ONTARIO--(Marketwired - Aug. 20, 2013) - Brookfield Asset Management Inc. ("Brookfield") (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA), announced today that it held the final close on Brookfield Timberlands Fund V L.P. (the "Fund") with equity commitments totaling US$1 billion, creating a global fund that will invest in timberlands, primarily in the U.S., Brazil and Australia and may also pursue opportunities in Canada, Chile, Uruguay and New Zealand. |
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| Source:http://www.marketwire.com/mw/release.do?id=1822897&sourceType=3 |
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