Brookfield raises record $28bn infrastructure fund

Brookfield's infrastructure arm raised a record $28bn fund, the largest ever for such assets. This reflects growing investor interest in infrastructure due to rising interest rates and a shift away from globalisation. CEO Sam Pollock sees huge opportunities in a "deglobalising" world, with $1tn needed for digital infrastructure. The fund attracted $21bn from institutional investors and exceeded its $25bn goal by 40%. Brookfield will invest $7bn, bringing the total raised to $30bn.