Brookfield Asset Management Voting Ord Shs Class A T.BAM

Alternate Symbol(s): T.BN.P.D | BAMKF | T.BN.P.R | BKFAF | T.BN.P.E | BXDIF | T.BN.P.T | BKAMF | T.BN.P.F | T.BN.P.X | BKFDF | T.BN.P.G | T.BN.P.Z | T.BN.P.H | BRCFF | BROXF | T.BN.P.I | T.BN.P.J | T.BN.P.K | BKFOF | T.BN.P.A | BAM | T.BN.P.L | BKFPF | T.BN.P.B | BRPSF | T.BN.P.M | BRFPF | T.BN.P.C | BAMGF | T.BN.P.N

Financial Services Asset Management

Brookfield Asset Management Ltd. is primarily engaged in providing alternative asset management services. The Company provides its services through an ownership interest in an alternative asset management business, which is carried on by Brookfield Asset Management Inc. (Brookfield) and its subsidiaries. Its products have three categories, which include long-term private funds, perpetual strategies and liquid strategies. The Company's wholly owned subsidiaries include 2451634 Alberta Inc. and Brookfield UK Employee Co Limited. Brookfield is a global alternative asset manager with assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. Brookfield offers a range of alternative investment products to investors around the world, including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

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Brookfield Asset Management Voting Ord Shs Class A

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Post by Betteryear2on May 06, 2024 1:34pm

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to Enter into Strategic Partnership T.BAM

BROOKFIELD NEWS, May 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Castlelake L.P. (“Castlelake”), an alternatives asset manager specializing in asset-based private credit including aviation and specialty finance, today announced that they have entered into an agreement whereby Brookfield will acquire a 51% stake in Castlelake’s fee-related earnings. The amount of capital to be invested will be approximately $1.5 billion, including capital to be invested in Castlelake’s investment strategies by Brookfield Reinsurance. The partnership will allow Castlelake and Brookfield to collaborate and expand Castlelake’s differentiated asset-based investment business.

Brookfield Asset Management and Castlelake to Enter into (globenewswire.com)

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