Travers Smith LLP has advised Brookfield Oaktree Wealth Solutions, as distributor of the Brookfield fund, on the successful launch of Brookfield Infrastructure Income Fund ("BII") in Europe and Asia Pacific.
Brookfield Oaktree Wealth Solutions' infrastructure offering to private professional wealth investors is managed by Brookfield, one of the world’s largest and most experienced investors, owners, and operators of infrastructure. The strategy seeks to provide diversified exposure to high-quality, private infrastructure equity and debt investments.
BII’s investment objective is to maximize total returns through growth of capital and current income. Brookfield has seeded the strategy with c. US $1 billion of private investments. BII is now available to select private banking partners and financial advisors in Asia Pacific and Europe.
The Travers Smith team was led by Funds Partner Will Normand, with support from Funds Associate Ruby Davies. Support was also provided by Financial Services & Markets Partner Michael Raymond, Tax Partners Elena Rowlands and Emily Clark, Tax Senior Associate Sophie Lloyd, Financial Services & Markets Associate Ibrahim Chaudhary and Tax Associate Holly Norman.
Will Normand commented:
"We are delighted to have advised Brookfield Oaktree Wealth Solutions on the launch of BII. Retailisation of private capital is being widely spoken about in the market and the Travers Smith Asset Management team is at the forefront of advising on a new range of structures that specifically target wealth management clients who want to invest in alternative asset classes. We look forward to continuing to support their efforts in the coming months."