Fundraising markets are 'tremendous' or 'pretty brutal,' depending on the ultimate location of fund investments, according to recent comments made by Brookfield Asset Management and Patron Capital.
The last quarter was "the best Q1 fundraising quarter we've ever had," said Connor David Teskey, president and CEO of Brookfield's renewable power and transition, during the company's earnings call on May 8. "And in terms of the dynamics that we see driving our fundraising activity for the remainder of the year, they all stay very much intact."
"And particularly in our real estate flagship, this is where we're really seeing the market opening up," he added. "And investors are seeing the upside and the rebound in that asset class and looking to get an increasing amount of exposure."
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