Pollock: ‘There’s a shift underway’

In an exclusive interview, Brookfield's Sam Pollock said the success of BIF II is a sign of things to come for infrastructure.

Reflecting on his career with Brookfield Asset Management (BAM), Sam Pollock conceded he could never have predicted the appeal infrastructure has with investors today.

“I didn’t see infrastructure becoming this popular, certainly not back in the 1990s,” said Pollock, who joined Brookfield in 1996.

But times – not to mention limited partner (LP) appetites – change. And Brookfield Infrastructure Fund II (BIF II) is proof of that. 

The second infrastructure offering from Brookfield held a $7 billion final close in October, making BIF II the largest fundraising of 2013.

Pollock, who became chief executive of infrastructure at the Toronto-headquartered company in 2006, has come to regard infrastructure as essential for institutional portfolios.

“There’s a shift underway,” he noted. “You’re going to see greater real assets allocations.”

*To read the rest of the interview, please click HERE