SAUDI FUND

Brookfield raises $2B for PIF-backed Middle East fund

The Brookfield Middle East Partners fund’s first close will help it capitalize on growing opportunities in the region, as sovereign wealth funds continue to aggressively chase deals despite the ongoing Iran conflict

Public Investment Fund

Yazeed Al-Humied, Deputy Governor and Head of MENA Investments at PIF and representatives of Brookfield

Brookfield Asset Management has cemented its rise as one of the largest foreign investors in the Gulf after successfully raising about $2 billion for its Saudi Arabia-backed Middle East fund.

The New York-based investment firm will commit $500...