Brookfield Capital Partners II distributes Norbord shares to fund LPs

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By Ted Liu

Brookfield Capital Partners II (OSB) L.P., an affiliate of Brookfield Capital Partners II, a private equity fund managed by Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM, Euronext: BAMA), has distributed 7,069,705 common shares of Norbord Inc. (TSX: OSB) to its fund investors (LPs).

Prior to the distribution, Brookfield owned or controlled 41,857,240 Norbord Shares, representing approximately 48.5% of the then issued Norbord shares. Upon completion of the distribution, Brookfield owns and controls 34,787,535 Norbord Shares, representing approximately 40.3% of the then issued Norbord Shares.

Brookfield Capital Partners II, formerly Brookfield Special Situations II, is a 2007-vintage fund.

photo credit: Norbord