New York, NY
-- Paul Hastings, a leading global law firm, announced today that the firm represented Brookfield Investment Management Inc. in connection with the completion of a $420 million common stock offering for the Brookfield Mortgage Opportunity Income Fund Inc., a newly-organized, diversified closed-end management investment company that seeks to capitalize on the recovery in the U.S. residential and commercial real estate markets by investing primarily in a portfolio of mortgage-related investments.
Assuming full exercise of the underwriters’ overallotment option, which may or may not occur, the Fund will have raised approximately $483 million. The initial public offering was co-led by Wells Fargo Securities, LLC and UBS Securities LLC.
Investment Management partner Michael Rosella
led the Paul Hastings team, which also included associates Christopher Tafone
and Rachael Schwartz
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.