Brookfield secures $1bn mandate from UK Nuclear Liabilities Fund
Brookfield Asset Management has secured a $1bn commitment from the UK’s Nuclear Liabilities Fund (NLF), giving the investment manager capital to deploy across a range of private market strategies, according to a report by Bloomberg.
Brookfield Asset Management has secured a $1 billion commitment from the UK’s Nuclear Liabilities Fund (NLF), according to a report by Bloomberg. This funding will allow the investment manager to deploy capital across various private market strategies. The mandate will be overseen by Brookfield’s Investment Solutions Group, a division established last year to cater to institutional investors, family offices, and private wealth clients with tailored multi-asset portfolios.
Instead of allocating the capital to a single fund, Brookfield intends to invest across infrastructure, energy, private equity, real estate, and private credit. The portfolio will incorporate a mix of fund investments and direct investments or co-investments, as stated in a Bloomberg report. The UK’s Nuclear Liabilities Fund, which had £20.7 billion ($28 billion) in assets as of March 2025, was established to cover future expenses related to decommissioning the country’s nuclear power stations.
Brookfield anticipates recycling the returns generated by the portfolio into new investment opportunities over time.
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