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File photo of Bruce Flatt, chief executive of Brookfield Asset Management.
File photo of Bruce Flatt, chief executive of Brookfield Asset Management.
(Brett Gundlock/Reuters)

Brookfield closes massive $7-billion infrastructure fund

If you have a railroad or a port for sale, there’s a big new buyer as Brookfield Asset Management just closed a massive $7-billion (U.S.) infrastructure fund that will invest in such things as transportation and energy assets. The new money has the potential to bump up Brookfield’s fee income markedly.