Weil advised Brookfield in the final institutional close for its flagship energy transition strategy, Brookfield Global Transition Fund II (“BGTF II”), with $20 billion raised in fund commitments and strategic capital from a diverse range of existing and new investors.

BGTF II exceeded its target and the record set by its predecessor to become the world’s largest private fund dedicated to the transition to clean energy. The Fund received contributions from institutional investors worldwide, including a number of investors that are new to the Brookfield transition platform. This includes the previously announced commitments of $2 billion from ALTÉRRA and $1.5 billion from Norges Bank Investment Management.

The Weil team was led by Private Funds Co-Head Andrew Chizzik and partner Lana Castor and included Private Funds associates Marissa Luchs, Alexander Zedlovich, Luke Costello, Cassandra Xia, Hari Vutukuru, Sheel Patel, James Fox and Heather Walsh; and Tax partners Robert Frastai and Andrew Morris, counsel Lauren Gorsche and associates Kerri Gallagher, Courtney Baltz, Jay Perry, Melody Phillips and Drew Coleman (Not Yet Admitted in New York).