NEW YORK – Nov. 8, 2023 – Brookfield Oaktree Wealth Solutions, a leading provider of alternative investments to financial advisors and their clients globally, today announced that its flagship infrastructure offering, Brookfield Infrastructure Income Fund (“BII”), has launched in the United States. The semi-liquid strategy specifically designed for individual investors, which was launched in Asia Pacific and Europe in February, has raised over $1.5B since inception earlier in the year. The strategy is managed by Brookfield, one of the world’s largest and most experienced investors, owners, and operators of infrastructure assets.

BII provides access to Brookfield’s private infrastructure capabilities in a diversified portfolio of high-quality equity and debt investments. The strategy connects individual investors to Brookfield’s $258B infrastructure and renewable power platforms to invest in assets that meet the strategy’s investment criteria across the renewable power and transition, data, utilities, transport, and midstream sectors. Brookfield focuses on infrastructure assets that provide essential services, have high barriers to entry, and sustainable, long-term, inflation-linked cash flows, among other attractive investment characteristics.

David Levi, Brookfield Managing Partner and Head of Brookfield Oaktree Wealth Solutions, said, “Infrastructure is especially attractive in today’s market, providing strong risk adjusted returns, attractive income, and a natural inflation hedge. Brookfield’s size, scale, and leading position in infrastructure gave us the ability to create BII at a pivotal time, and we are well-positioned to provide a unique opportunity to individual investors looking to diversify their portfolios with alternatives”.

Chloe Berry, Head of the Brookfield Infrastructure Income Strategy, said, “It’s never been a more critical time to invest in assets that form the backbone of the global economy. We believe we are currently in the midst of an infrastructure super-cycle as the world looks to modernize its infrastructure to meet the needs of tomorrow. “With an over 100-year heritage as a global owner and operator, we look forward to growing BII and providing individual investors in the U.S. with access to Brookfield’s infrastructure deal flow.”

Grounded in 120 years of investment experience, Brookfield is one of the world’s largest investors in infrastructure, renewable power, and climate transition assets with $258B of assets under management in these sectors. We own, operate and finance high-quality, long-life assets in the renewable power & transition, utilities, transport, midstream and data sectors across North and South America, Asia Pacific, and Europe. 

Brookfield Oaktree Wealth Solutions was launched in April 2021 with the goal of expanding alternative investments to financial advisors and their clients, globally. The platform now offers a variety of liquid, semi-liquid, and private strategies across real estate, infrastructure, credit, and private equity, with 150 employees across 10 countries. Managing more than $865 billion in assets as of Nov. 6, 2023, Brookfield and Oaktree together comprise one of the largest alternative asset managers in the world.

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About Brookfield Asset Management

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with more than $865 billion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

For more information, please visit our website at https://bam.brookfield.com.

About Brookfield Oaktree Wealth Solutions

Brookfield Oaktree Wealth Solutions is a leading provider of alternative investments to advisors and their clients globally, helping them meet their overall financial goals. The global scale and multi-decade track records of our parent companies, Brookfield and Oaktree, place us among the leaders in alternative investing. For more information, please visit our website at www.brookfieldoaktree.com. Brookfield Oaktree Wealth Solutions is registered as a broker-dealer with the U.S. Securities & Exchange Commission (“SEC”) and is a member of Financial Industry Regulatory Authority, Inc.) (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”).

Advisors interested in learning more about Brookfield Oaktree Wealth Solutions should call +1 (855) 777-8001 or email info@brookfieldoaktree.com.

A fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 855.862.5873 or visiting www.brookfieldoaktree.com Read the prospectus carefully before investing. Investing involves risk, and principal loss is possible.

No Assurance of Investment Return. The Adviser cannot provide assurance that it will be able to successfully implement the Fund’s investment strategy, or that Portfolio Investments (as defined in the Prospectus) will generate expected returns. Moreover, the Adviser cannot provide assurance that any stockholder will receive a return of their capital or any distribution from the Fund. No organized secondary market is expected to develop for the shares of the Fund, and liquidity for the shares is expected to be provided only through quarterly tender offers of the shares at NAV per share. Past performance of investment entities associated with Brookfield, the Adviser or its investment professionals is not necessarily indicative of future results or performance, and there can be no assurance that the Fund will achieve comparable results. Accordingly, investors should draw no conclusions from the performance of any other investments of Brookfield or the Adviser, and they should not expect to achieve similar results. An investment in the Fund involves a risk of partial or total loss of capital and should only be considered by potential investors with high tolerance for risk.

The Portfolio Investments will be subject to the risks incidental to the ownership and operation of infrastructure projects, including risks associated with the general economic climate, geographic or market concentration, the ability of the Fund to manage the Portfolio Investment, government regulations and fluctuations in interest rates. Since investments in infrastructure securities, like many other types of long-term investments, have historically experienced significant fluctuations and cycles in value, specific market conditions may result in occasional or permanent reductions in the value of the Portfolio Investments. Such specific market conditions could include, but are not limited to, the following: (i) demand for commodities, such as natural gas or minerals; (ii) impact of alternative technologies on our business, and cyber security attacks; (iii) ability to successfully identify, complete and integrate acquisitions; (iv) competition with other market participants; (v) construction or expansion or projects, environmental damage and future capital expenditures; (vi) economic regulation and adverse regulatory decisions in the countries in which we operate, including nationalization or the imposition of new taxes; (vii) supply chain disruptions; and (viii) adverse claims or governmental rights or governmental rights asserted against the lands used for our infrastructure assets.

Quasar Distributors, LLC is the distributor of Brookfield Infrastructure Income Fund Inc.

This communication may not be distributed in whole or in part to any natural or corporate person without express written consent. This communication is not intended to, and does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any security, product, investment advice or service (nor shall any security, product, investment advice or service be offered or sold) in any jurisdiction in which Brookfield Oaktree Wealth Solutions LLC or any other applicable affiliate of Brookfield Asset Management LLC is not licensed to conduct business, and/or an offer, solicitation, purchase or sale would be unavailable or unlawful. No offer or sale of any security, product or fund may be made except in accordance with the prospectus, offering memorandum and/or other disclosure document applicable to such security product and/or fund.