The Globe and Mail reports in its Wednesday edition that Brookfield Asset Management has raised $14-billion for its new global infrastructure fund, giving it a war chest to hunt for assets around the world. A Reuters dispatch to The Globe says that like many other global investors, Brookfield views infrastructure as an increasingly attractive alternative to low-yielding government bonds and volatile global equity markets. Brookfield said that over 120 institutions had invested in the fund, including public and private pension plans, sovereign wealth funds, and other financial institutions. Brookfield itself committed $4-billion. The fund has so far committed to invest more than $3-billion in assets including a portfolio of U.S. hydroelectric facilities, a portfolio of Brazilian electricity transmission projects, a Colombian power generation company, a portfolio of Peruvian toll roads and a U.S. water infrastructure project developer. Brookfield closed Tuesday at $45.25, up 50 cents on the Toronto Stock Exchange.