Brookfield (BN, BAM) has been selected by the UK's Nuclear Liabilities Fund to manage an investment mandate backed by an initial $1 billion commitment, the company said Tuesday.
The portfolio will be managed by Brookfield's Investment Solutions Group and invested across the firm's global infrastructure, energy, private equity, real estate and private credit strategies to support funding future obligations tied to the decommissioning of eight nuclear power stations, Brookfield said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.