Question-and-Answer Session
Operator
Yes sir. We will now begin the question-and-answer session. [Operator Instructions].
Our first question today comes from Neil Downey of RBC Capital Markets.
Neil Downey - RBC Capital Markets
Hi good morning everyone. Maybe a question first Aaron or Sam. Could you address sort of strategically, how was determined the varying interests of Transelect, TBE, Island Timber et cetera, that are to be placed into the Infrastructure partnership?
John Stinebaugh - Chief Financial Officer, Brookfield Infrastructure Partners
This is John answering that. First of all, we took into account, agreements within our various consortium agreements with other shareholders. There were some constraints that we had to factor in. In addition, we also factored in tax considerations. And finally, we tried to balance the portfolio with an appropriate mix of timber versus transmission as well as geographically.
Neil Downey - RBC Capital Markets
Okay. As it pertains to Multiplex and the funding for that transaction, I believe you commented on your financing commitments. The cash portion, I believe will be give or take $2 billion. Can you just talk about where precisely that cash will be funded from in terms of when I look at your consolidated balance sheet? What line items or bucket does it come out of?
Brian D. Lawson - Chief Financial Officer, Brookfield Asset Management
Sure Neil, its Brian. First of all it’s little less than $2 billion because we already owned a chunk of the company, around 5% before we announced it. And that will come out of the combination of monetization of financial assets and just, I'll call it asset liquidity. And it will also come from utilizing in the near-term, some of our credit facilities, or issuing commercial paper into the market.
Neil Downey - RBC Capital Markets
Okay. And the recent acquisition of Longview, again when I look at your balance sheet, am I correct in understanding that the manufacturing assets have effectively been segregated and put into the restructuring bucket.
Brian D. Lawson - Chief Financial Officer, Brookfield Asset Management
No, you would actually find them within what we refer to as our private equity investments. And it's very similar Neil, to how we handled the Weyerhaeuser transaction, when we bought the Island Timberlands. What we did was we took, we bought the entire business, and then we separated? and we did that, I think by the end of May in the case of Longview, we separated the industrial from manufacturing operations from the Timberlands, so the Timberlands are set up discretely within our timber management operations. And then in the industrial assets, in our financial statements you will see within the investments category.
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