Brookfield Business Partners Announces Sale of Assets to Seed New Evergreen Private Equity Strategy

Brookfield Business Partners to sell some assets to seed new fund

Brookfield sells US$690-million in private equity stakes to set up fund targeting wealthy investors

Plans to launch evergreen fund later this year, building the base for a new strategy to attract high net worth investors

Brookfield Private Equity Arm Sells Stakes to Fund for Wealthy

Brookfield Business Partners is planning to sell part of its interests in three portfolio companies to a new private equity fund for wealthy individuals that will be run by Brookfield Asset Management.

Brookfield Business Partners Announces Sale of Assets to Seed New Evergreen Private Equity Strategy

• Transaction enables Brookfield Business Partners to monetize a partial interest in three businesses at a value accretive to the trading price of its...