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الاقتصادية
Brockville to close $2B fund with PIF backing
Brookfield announced the closing of its first fund in the Middle East, valued at two billion dollars, with the Public Investment Fund (PIF) participating as the main investor. The fund focuses on private equity investments in companies within Saudi Arabia and the Middle East, with a particular emphasis on high-growth markets in the Gulf, especially the Saudi market, where more than 50% of its capital will be allocated for investments. This partnership aims to enhance the Kingdom’s investment capabilities, attract global capital, and increase financing options for local companies, all within the framework of the Public Investment Fund’s strategy to achieve long-term returns and promote economic development in the region. Additionally, Brookfield is currently investing over 16 billion dollars in the region and manages assets exceeding one trillion dollars, with a focus on infrastructure, energy, real estate, and private equity firms.
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