Brookfield Asset Management has raised $12 billion for its flagship global private equity program.

The investment was generated through Toronto-based Brookfield’s Capital Partners VI fund, ranks as the company’s largest capital raise and has wide-ranging real estate implications.

Toronto-based Brookfield contributed $3.5 billion of its own money to demonstrate alignment with other investors. Partners include a diverse group of institutional investors, sovereign wealth funds, financial institutions, endowments and foundations, Brookfield said Tuesday in a press release.

The company said it has committed $4 billion of the $12 billion to the acquisition of six market-leading businesses and continues to provide meaningful co-investment opportunities to its partners.

The capital raise comes after Brookfield began to eye large investments to capitalize on reduced property values.

“Our global deal pipeline remains robust during this current period of market dislocation, which is creating significant large-scale opportunities that suit our operationally intensive investment approach,” said Anuj Ranjan, president of the firm’s private equity group, in the news release.