SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D/A

 

(Amendment No. 4)

 

Under the Securities Exchange Act of 1934

BROOKFIELD INFRASTRUCTURE PARTNERS L.P.

(Name of Issuer)

 

Limited Partnership Units

(Title of Class of Securities)

 

G16252 10 1

(CUSIP Number)

 

A.J. Silber

Brookfield Asset Management Inc.

Brookfield Place

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3

(416) 363-9491

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

August 17, 2015

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

 

1

Names of Reporting Persons
BROOKFIELD ASSET MANAGEMENT INC.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x — Joint Filing

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
ONTARIO

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
0 LIMITED PARTNERSHIP UNITS

 

8

Shared Voting Power
72,677,233 LIMITED PARTNERSHIP UNITS
1

 

9

Sole Dispositive Power
0 LIMITED PARTNERSHIP UNITS

 

10

Shared Dispositive Power
72,677,233 LIMITED PARTNERSHIP UNITS
1

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
72,677,233 LIMITED PARTNERSHIP UNITS

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13

Percent of Class Represented by Amount in Row (11)
30.8% OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS 

 

 

14

Type of Reporting Person (See Instructions)
CO

 


1 This amount includes 48,930 limited partnership units of Brookfield Infrastructure Partners L.P. (the “Partnership”) owned by BIG Holdings L.P., a wholly-owned subsidiary of Brookfield Asset Management Inc. (“Brookfield”).  This amount also includes 43,396,642 redeemable partnership units of Brookfield Infrastructure L.P. (“RPUs”) owned by BILP Holding L.P., 15,342,774 RPUs owned by BIG Holdings L.P., and 8,101,850 RPUs owned by BAM Infrastructure Group L.P., each a wholly-owned subsidiary of Brookfield.

 

2



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

 

1

Names of Reporting Persons
PARTNERS VALUE INVESTMENTS INC.

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x — Joint Filing

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
ONTARIO

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
2,218,649 LIMITED PARTNERSHIP UNITS

 

8

Shared Voting Power
0 LIMITED PARTNERSHIP UNITS 

 

9

Sole Dispositive Power
2,218,649 LIMITED PARTNERSHIP UNITS

 

10

Shared Dispositive Power
0 LIMITED PARTNERSHIP UNITS

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
2,218,649 LIMITED PARTNERSHIP UNITS

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13

Percent of Class Represented by Amount in Row (11)
0.9% OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

 

 

14

Type of Reporting Person (See Instructions)
CO

 

3



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

 

1

Names of Reporting Persons
PARTNERS LIMITED

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x — Joint Filing

 

 

3

SEC Use Only

 

 

4

Source of Funds (See Instructions)
OO

 

 

5

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6

Citizenship or Place of Organization
ONTARIO

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
74,921,283 LIMITED PARTNERSHIP UNITS

 

8

Shared Voting Power
74,895,882 LIMITED PARTNERSHIP UNITS 

 

9

Sole Dispositive Power
25,401 LIMITED PARTNERSHIP UNITS

 

10

Shared Dispositive Power
74,895,882 LIMITED PARTNERSHIP UNITS

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person
74,921,283 LIMITED PARTNERSHIP UNITS

 

 

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13

Percent of Class Represented by Amount in Row (11)
31.7% OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

 

 

14

Type of Reporting Person (See Instructions)
CO

 

4



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

Explanatory Note

 

This Amendment No. 4 (this “Amendment No. 4”) to Schedule 13D is being filed to reflect the acquisition by Brookfield of RPUs pursuant to a Subscription Agreement entered into on August 17, 2015 by Brookfield and the Partnership. Information reported in the original Schedule 13D remains in effect except to the extent that it is amended or superseded by information contained in this Amendment No. 4.

 

Item 2.   Identity and Background

 

Item 2 of Schedule 13D is hereby amended and supplemented as follows:

 

Schedules I, II and III hereto set forth a list of all the directors and executive officers (the “Scheduled Persons”), and their respective principal occupations, addresses, and citizenships, of each of Brookfield, Partners Value Investments Inc. (“Value Investments”) and Partners Limited (“Partners”), respectively.

 

Item 3.   Source and Amount of Funds or Other Consideration

 

Item 3 of Schedule 13D is hereby supplemented as follows:

 

On August 17, 2015, Brookfield entered into an agreement to purchase 5,787,037 RPUs of Brookfield Infrastructure L.P. (“Holding LP”), which are exchangeable for limited partnership units of the Partnership (the “Units”) under certain circumstances. The purchase of these RPUs by Brookfield will be funded by $250,000,000 cash on hand from Brookfield.

 

Item 4.   Purpose of Transaction

 

Item 4 of Schedule 13D is hereby supplemented as follows:

 

Brookfield is acquiring the RPUs for the purpose of increasing its investment in the Partnership.

 

Item 5.   Interest in Securities of the Issuer

 

Items 5(a)–(b) of Schedule 13D are hereby amended as follows:

 

(a)-(b)      As of the date hereof, Value Investments may be deemed to be the beneficial owner of 2,218,649 Units, and such Units constitute approximately 0.9% of the issued and outstanding Units based on the number of Units outstanding as of June 30, 2015. Assuming that all of the redeemable partnership units of Holding LP were exchanged for Units pursuant to the redemption-exchange mechanism, as of the date hereof, Brookfield may be deemed to be the beneficial owner of 72,677,233 Units and Partners may be deemed to be the beneficial owner of 74,921,283 Units, and such Units would constitute approximately 30.8% and 31.7%, respectively, of the issued and outstanding Units based on the number of Units outstanding as of June 30, 2015. The Units deemed to be beneficially owned by Partners include 25,401 Units owned by Partners and the Units deemed to be beneficially owned by each of Brookfield and Value Investments. Brookfield may hold the Units directly or in one or more wholly-owned subsidiaries. Partners may be deemed to have shared power (with each of Brookfield and Value Investments) to vote or direct the vote of the Units beneficially owned by it or to dispose of such Units other than 25,401 Units with respect to which it has sole voting and investment power.

 

Item 7.   Material to be Filed as Exhibits.

 

Exhibit 5               Subscription Agreement dated August 17, 2015 by and between Brookfield Asset Management Inc. and Brookfield Infrastructure L.P.

 

5



 

CUSIP No. G16252 10 1

SCHEDULE 13D

 

 

SIGNATURES

 

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, each of the undersigned certifies as to itself that the information set forth in this statement is true, complete and correct.

 

Dated:    August 19, 2015

 

 

BROOKFIELD ASSET MANAGEMENT INC.

 

 

 

 

 

 

 

By:

/s/ A.J. Silber

 

 

Name:

A.J. Silber

 

 

Title

Vice President, Legal Affairs and Corporate Secretary

 

 

 

 

 

 

 

 

 

PARTNERS VALUE INVESTMENTS INC.

 

 

 

 

 

 

 

 

 

By:

/s/ George E. Myhal

 

 

Name:

George E. Myhal

 

 

Title

President

 

 

 

 

 

 

 

 

 

PARTNERS LIMITED

 

 

 

 

 

 

 

 

 

By:

/s/ Loretta Corso

 

 

Name:

Loretta Corso

 

 

Title

Secretary

 

6



 

SCHEDULE I

 

BROOKFIELD ASSET MANAGEMENT INC.

 

Name and Position of
Officer or Director

 

Principal Business
Address

 

Principal Occupation or
Employment

 

Citizenship

Jeffrey M. Blidner, Senior Managing Partner

 

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner of Brookfield

 

Canada

 

 

 

 

 

 

 

Angela F. Braly

 

832 Alverna Drive, Indianapolis, Indiana 46260

 

President & Founder, The Braly Group, LLC

 

U.S.A.

 

 

 

 

 

 

 

Jack L. Cockwell, Director

 

51 Yonge Street, Suite 400, Toronto, Ontario

M5E 1J1, Canada

 

Group Chair of Brookfield

 

Canada

 

 

 

 

 

 

 

Marcel R. Coutu, Director

 

335 8th Avenue SW, Suite 1700

Calgary, Alberta

T2P 1C9, Canada

 

Former President and Chief Executive Officer of Canadian Oil Sands Limited

 

Canada

 

 

 

 

 

 

 

J. Bruce Flatt, Director and Senior Managing Partner and Chief Executive Officer

 

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Executive Officer of Brookfield

 

Canada

 

 

 

 

 

 

 

Robert J. Harding, Director

 

Brookfield Global Infrastructure Advisory Board

181 Bay Street, Suite 300, Brookfield Place,

Toronto, Ontario M5J 2T3, Canada

 

Past Chairman of Brookfield

 

Canada

 

 

 

 

 

 

 

Maureen Kempston Darkes, Director

 

c/o 21 Burkebrook Place, Apt. 712, Toronto, Ontario M4G 0A2, Canada

 

Corporate Director of Brookfield and former President, Latin America, Africa and Middle East, General Motors Corporation

 

Canada

 

 

 

 

 

 

 

David W. Kerr, Director

 

c/o 51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada

 

Chairman, Halmont Properties Corp.

 

Canada

 

 

 

 

 

 

 

Brian D. Lawson, Senior Managing Partner and Chief Financial Officer

 

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Financial Officer of Brookfield

 

Canada

 

 

 

 

 

 

 

Lance Liebman, Director

 

Columbia Law School

435 West 116th Street

New York, New York 10027 –7297, U.S.A.

 

William S. Beinecke Professor of Law

 

U.S.A.

 

 

 

 

 

 

 

Philip B. Lind, Director

 

Rogers Communications Inc.

333 Bloor Street East, 10th Floor, Toronto, Ontario M4W 1G9, Canada

 

Co-Founder and Director of Rogers Communications Inc.

 

Canada

 

 

 

 

 

 

 

Frank J. McKenna, Director

 

TD Bank Group, P.O. Box 1, TD Centre, 66

Wellington St. West, 4th Floor, TD Tower,

Toronto, Ontario M5K 1A2, Canada

 

Chair of Brookfield and Deputy Chair of TD Bank Group

 

Canada

 

 

 

 

 

 

 

Youssef A. Nasr, Director

 

P.O. Box 16 5927, Beirut, Lebanon

 

Corporate Director of Brookfield and former Chairman and CEO of HSBC Middle East Ltd. and former President of HSBC Bank Brazil

 

Lebanon and U.S.A.

 

 

 

 

 

 

 

Lord Augustine Thomas O’Donnell

 

P.O. Box 1, TD Centre, 66 Wellington St. W., 4th Floor, TD Tower

Toronto, Ontario M5K 1A2, Canada

 

Chairman of Frontier Economics and Strategic Advisor, TD Bank Group

 

United Kingdom

 

 

 

 

 

 

 

Samuel J.B. Pollock, Senior Managing Partner

 

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3, Canada

 

Senior Managing Partner of Brookfield

 

Canada

 

7



 

Ngee Huat Seek, Director

 

168 Robinson Road

#37 – 01 Capital Tower

Singapore 068912

 

Former Chairman of the Latin American Business Group, Government of Singapore Investment Corporation

 

Singaporean

 

 

 

 

 

 

 

Diana L. Taylor, Director

 

Solera Capital L.L.C

625 Madison Avenue, 3rd Floor

New York, N.Y. 10022

 

Vice Chair, Solera Capital LLC

 

U.S.A.

 

 

 

 

 

 

 

George S. Taylor, Director

 

c/o R.R. #3, 4675 Line 3, St. Marys, Ontario

N4X 1C6, Canada

 

Corporate Director of Brookfield

 

Canada

 

 

 

 

 

 

 

A.J. Silber, Vice-President, Legal Affairs and Corporate Secretary

 

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3, Canada

 

Vice-President, Legal Affairs and Corporate Secretary of Brookfield

 

Canada

 

8



 

SCHEDULE II

 

PARTNERS VALUE INVESTMENTS INC.

 

Name and Position of
Officer or Director

 

Principal Business
Address

 

Principal Occupation or
Employment

 

Citizenship

 

 

 

 

 

 

 

John P. Barratt

 

c/o Suite 200, #10 – 2130 Dickson Road, Mississauga, Ontario L5B 1Y6

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

Edward C. Kress

 

51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

Brian D. Lawson

 

Brookfield Place, 181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3

 

Managing Partner and Chief Financial Officer

Brookfield

 

Canada

 

 

 

 

 

 

 

Frank N.C. Lochan

 

228 Lakewood Drive, Oakville, Ontario L6K 1B2

 

Corporate Director

 

Canada

 

 

 

 

 

 

 

George E. Myhal

 

181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada

 

President and CEO, Partners Value Investments Inc.

 

Canada

 

 

 

 

 

 

 

Vu Nguyen

 

181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada

 

Senior Financial Analyst of Brookfield

 

Canada

 

 

 

 

 

 

 

Ralph J. Zarboni

 

Rossiter Ventures Corporation
7357 Woodbine Ave., Suite 412
Markham, Ontario  L3R 6L3

 

CPresident
Rossiter Ventures Corporation

 

Canada

 

9



 

SCHEDULE III

 

PARTNERS LIMITED

 

Name and Position of
Officer or Director

 

Principal Business
Address

 

Principal Occupation or
Employment

 

Citizenship

Jack. L. Cockwell, Director and Chairman

 

51 Yonge Street, Suite 400 Toronto, Ontario

M5E 1J1, Canada

 

Group Chair of Brookfield

 

Canada

 

 

 

 

 

 

 

J. Bruce Flatt, Director

 

181 Bay Street, Brookfield Place, Suite 300, Toronto, ON M5J 2T3

 

Senior Managing Partner and Chief Executive Office of Brookfield Asset Management Inc.

 

Canada

 

 

 

 

 

 

 

David W. Kerr, Director

 

c/o 51 Yonge Street, Suite 400 Toronto, Ontario

M5E 1J1, Canada

 

Chairman, Halmont Properties Corp.

 

Canada

 

 

 

 

 

 

 

Brian D. Lawson, Director and President

 

Brookfield Asset Management Inc., 181 Bay

Street, Brookfield Place, Suite 300, Toronto,

Ontario M5J 2T3, Canada

 

Senior Managing Partner and Chief Financial Officer of Brookfield

 

Canada

 

 

 

 

 

 

 

George E. Myhal, Director

 

Partners Value Investments Inc., 181

Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada

 

President and CEO, Partners Value Investments Inc.

 

Canada

 

 

 

 

 

 

 

Timothy R. Price, Director

 

c/o 51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada

 

Chairman, Brookfield Funds

 

Canada

 

 

 

 

 

 

 

Samuel J.B. Pollock, Director

 

Brookfield Asset Management Inc., 181 Bay

Street, Brookfield Place, Suite 300, Toronto,

Ontario M5J 2T3, Canada

 

Senior Managing Partner

 

Canada

 

 

 

 

 

 

 

Tony E. Rubin, Treasurer

 

Brookfield Asset Management Inc., 181 Bay

Street, Brookfield Place, Suite 300, Toronto,

Ontario M5J 2T3, Canada

 

Accountant

 

Canada

 

 

 

 

 

 

 

Lorretta Corso, Secretary

 

Brookfield Asset Management Inc., 181 Bay

Street, Brookfield Place, Suite 300, Toronto,

Ontario M5J 2T3, Canada

 

Corporate Secretarial Administrator

 

Canada

 

 

 

 

 

 

 

Derek Gorgi, Assistant Secretary

 

Brookfield Asset Management Inc., 181 Bay

Street, Brookfield Place, Suite 300, Toronto,

Ontario M5J 2T3, Canada

 

Senior Vice President

 

Canada

 

10