Brookfield Asset Management Inc.’s new venture capital arm has cut its largest check to date to help finance Elon Musk’s takeover of Twitter Inc. 

The alternative asset manager’s Brookfield Growth division piled US$250 million into Musk’s US$7.1 billion equity raise for the deal, according to a regulatory filing Wednesday. The financing for Musk stems from a long-standing relationship between the billionaire and Canada’s largest alternative asset manager. 

Josh Raffaelli, Brookfield Growth managing partner, said the relationship has given the firm a “front row seat” on Musk’s focus on operational excellence and building iconic businesses. 

“We are thrilled we can once again support Elon and his mission of transforming the future through innovative and world class technologies. Funding secured,” Raffaelli wrote on his LinkedIn page. The last part is a nod to Musk’s infamous 2018 tweet about his proposal to take Tesla Inc. private. 

The check is the largest ever for the venture capital arm and a little out of step from the late-stage funding it typically provides to private tech companies -- at much smaller sums, according to a person familiar with the matter. Brookfield raised US$500 million for the growth fund last November. 

A representative for Musk wasn’t immediately available for comment. 

Not only is Brookfield invested in Musk’s the Boring Co., but the two are partnered on a project to build a sustainable housing development in Austin, Texas. 

Brookfield, Musk’s Tesla Energy and real estate developer Dacra announced the partnership, known as SunHouse at Easton Park, last year. The group said at the time that Tesla’s solar panels would be installed at the homes being developed at Brookfield’s Easton Park residential community.