Office address: Brookfield Place, Suite 100 181 Bay Street, Toronto, ON M5J 2T3
Website: https://bam.brookfield.com
Year established: 1997
Company type: asset management, infrastructure, real estate, renewable power, private equity, alternative assets
Employees: approx. 2,000
Expertise: finance, investment management
Parent company: Brookfield Corporation
CEO and key people: Bruce Flatt, CEO
Financing status: N.A.
Brookfield Asset Management is a top global alternative asset manager with over $825 billion in assets under management. The company’s head office is in Toronto with branches in New York, London, Sydney, São Paolo, Dubai, Mumbai, and Shanghai. Brookfield invests in a wide range of assets, including real estate, infrastructure, private equity, and credit.
Brookfield Asset Management was established in 1997 as the asset management business of Brookfield Corporation. Brookfield quickly expanded its business and began investing in other asset classes, such as infrastructure and private equity.
Brookfield is focused heavily on renewable energy and power. In 2021, the company launched the Brookfield Global Transition Fund which targets businesses that can help achieve a net-zero economy.
Today, Brookfield is one of the fastest-growing alternative asset managers in the world. Its focus on renewable energy grows stronger each year with a goal of achieving net-zero emissions by 2050. They aim to do this through operational change and investments in decarbonization technologies.
Brookfield offers a wide range of products and services to its investors. These include:
Brookfield’s investments focus on 3 areas: infrastructure, transition and renewables, and direct lending.
Part of Brookfield’s business principles is attracting the best talent for long-term growth. The company also supports its employees in cultivating an “owner’s mindset,” empowering them to think and act like owners.
The company has also made strides in diversity, equity, and inclusion (DEI). According to Brookfield’s 2022 sustainability report, there are more women executives now. In fact, 32% of SVPs are women. As of 2022, staff from various ethnicities make up 40% of the workforce.
Bruce Flatt is the CEO of Brookfield Asset Management and has been with the company since 1990. Since he became CEO in 2002, Brookfield has expanded its reach to over 30 countries worldwide.
He is a visionary leader who has a deep understanding of the alternative asset management industry. He is also a strong advocate for sustainability and responsible investing.
Bruce Flatt was part of Wealth Professional’s Hot List in 2018.
Brookfield Asset Management is well positioned for future growth. The company has a strong track record of success and a diversified portfolio of assets. Brookfield is also committed to innovation and sustainability, which will help the company to continue to grow in the years to come.
Investment is held in a blind trust, but opponents want full disclosure
Conservatives press carney on financial disclosures as he prepares to be sworn in as prime minister
Next PM promises to be tough on Trump, scrap carbon tax, capital gains tax changes
Supply still lagging far behind demand despite recent immigration crackdown
Warren Buffet's conglomerate is a coveted model
Shopify lists a US address in its 10-K filing, sparking debate on potential index eligibility and relocation
Federal election could happen as soon as May with Conservatives ahead in the polls
Former central bank governor could announce decision in days
Pressure has been mounting since finance minister exited government
Catalytic Transition Fund aims for US$5bn, with major investors backing Brookfield's climate strategy
