"We believe real assets such as infrastructure are an important and growing component of institutional portfolios, and we see significant potential for investments in all the regions where we operate." The Fund will own and operate long-life infrastructure assets that generate stable cash flows, require relatively minimal capital expenditures and, by virtue of high barriers to entry and other characteristics, tend to appreciate in value over time. Brookfield's capital commitment to the Fund is expected to be funded through Brookfield Infrastructure Partners LP and Brookfield Renewable Energy Partners LP. The Fund follows on the US$2.7 billion Brookfield Americas Infrastructure Fund LP, which closed in 2010. Brookfield Asset Management Inc. is a global alternative asset manager with over US$175 billion in assets under management. The company has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity.