Recently, Sequoia Capital China completed fundraising for its new infrastructure equity investment fund, which featured the participation and support of many investment institutions, including Brookfield.
In recent years, new infrastructure investment is providing a solid backing for China’s fast-growing new economy and high-end manufacturing industry. The new infrastructure fund will focus on helping construction in the three major areas – digital economy, new energy and life sciences, promoting their deep integration with the substantial economy.
Its investment directions mainly cover new energy infrastructure, high-standard logistics, cold storage, data centers, new economic industrial parks, high-end manufacturing plants, biomedical industrial parks, and other areas.
The new infrastructure fund has attracted many well-known institutional investors. Among them, Brookfield Asset Management has become its largest limited partner investor and strategic investment partner.
With approximately $650 billion in assets under management, Brookfield focuses on investing in real estate, infrastructure and renewable energy. Their assets under management in China reach $12 billion.
Neil Shen, the Founding & Managing Partner of Sequoia Capital China, said: “Under the background of sustained and steady growth of China’s new economy, the new infrastructure fund will become another powerful choice to help Chinese entrepreneurs realize their corporate vision. Brookfield is a professional investment institution in the field of global infrastructure. We are very happy to cooperate with it to give all-round support to Chinese enterprises.”