The private equity arm of Brookfield Asset Management Ltd. BAM-T is launching its first fund in Canada with no fixed end date that is geared toward wealthy investors who are eyeing private assets as they hunt for higher returns.

The Brookfield Private Equity Fund (Canada), announced Wednesday, lets individual investors who meet the necessary threshold for wealth invest in a selection of the asset manager’s private equity buyout strategies.

Unlike traditional private equity funds, it has an open-ended structure that gives investors regular windows to buy in or cash out.

More leading companies are staying private for longer, rather than listing on public stock markets. And individual investors with significant wealth are eyeing private assets, hoping to capture higher returns that the

See Full Page