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    Brookfield Asset Management Inc

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    $BAM
    Other Consumer Services
    Consumer Discretionary

    Brookfield Asset Management is a leading global alternative asset manager and one of the largest investors in real assets. Our investment focus is on real estate, renewable power, infrastructure and private equity assets. Our objective is to generate attractive long-term risk-adjusted returns for the benefit of our clients and shareholders. We manage a range of public and private investment products and services for institutional and retail clients. We earn asset management income for doing so and align our interests with our clients by investing alongside them. We have an exceptionally strong balance sheet, with over $30 billion of capital invested, primarily in our four listed partnerships: Brookfield Property Partners, Brookfield Infrastructure Partners, Brookfield Renewable Partners and Brookfield Business Partners. This access to large-scale capital enables us to make investments in sizeable, premier assets across geographies and asset classes that few managers are able to do. We create value for BAM shareholders in the following ways: As an asset manager – by investing both our own capital and that of our investors – this enables us to increase the scale of our operations, and enhances our financial returns through base management fees and performance-based income; as an investor and capital allocator – we strive to invest at attractive valuations, particularly in value-oriented situations that create opportunities for superior valuation gains and cash flow returns, or by monetizing assets at appropriate times to realize value; and as an owner-operator – we constantly work to increase the value of the assets within our operating businesses and the cash flows they produce through our operating expertise, development capabilities and effective financing.

    IPO Year: 2022

    Exchange: NYSE

    Website: brookfield.com

    Peers

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    Recent Analyst Ratings for Brookfield Asset Management Inc

    DatePrice TargetRatingAnalyst
    8/7/2025$58.00Buy → Hold
    Deutsche Bank
    7/29/2025$71.00Outperform
    National Bank Financial
    6/30/2025$60.00Neutral
    Piper Sandler
    6/18/2025$72.00Outperform
    RBC Capital Mkts
    4/10/2025Neutral → Buy
    BofA Securities
    2/14/2025Hold → Buy
    HSBC Securities
    12/16/2024Buy
    UBS
    8/2/2024$43.00Hold
    Jefferies
    5/15/2024$38.00 → $41.00Neutral
    JP Morgan
    2/1/2024Buy → Hold
    HSBC Securities
    See more ratings

    Brookfield Asset Management Inc Analyst Ratings

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    Brookfield Asset Mgmt downgraded by Deutsche Bank with a new price target

    Deutsche Bank downgraded Brookfield Asset Mgmt from Buy to Hold and set a new price target of $58.00

    8/7/25 7:33:16 AM ET
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    National Bank Financial initiated coverage on Brookfield Asset Mgmt with a new price target

    National Bank Financial initiated coverage of Brookfield Asset Mgmt with a rating of Outperform and set a new price target of $71.00

    7/29/25 7:39:06 AM ET
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    Piper Sandler initiated coverage on Brookfield Asset Mgmt with a new price target

    Piper Sandler initiated coverage of Brookfield Asset Mgmt with a rating of Neutral and set a new price target of $60.00

    6/30/25 7:58:40 AM ET
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    RBC Capital Mkts resumed coverage on Brookfield Asset Mgmt with a new price target

    RBC Capital Mkts resumed coverage of Brookfield Asset Mgmt with a rating of Outperform and set a new price target of $72.00

    6/18/25 7:56:46 AM ET
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    Brookfield Asset Mgmt upgraded by BofA Securities

    BofA Securities upgraded Brookfield Asset Mgmt from Neutral to Buy

    4/10/25 8:28:08 AM ET
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    Brookfield Asset Mgmt upgraded by HSBC Securities

    HSBC Securities upgraded Brookfield Asset Mgmt from Hold to Buy

    2/14/25 9:07:18 AM ET
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    UBS initiated coverage on Brookfield Asset Mgmt

    UBS initiated coverage of Brookfield Asset Mgmt with a rating of Buy

    12/16/24 10:38:47 AM ET
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    Jefferies initiated coverage on Brookfield Asset Mgmt with a new price target

    Jefferies initiated coverage of Brookfield Asset Mgmt with a rating of Hold and set a new price target of $43.00

    8/2/24 7:25:24 AM ET
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    JP Morgan resumed coverage on Brookfield Asset Mgmt with a new price target

    JP Morgan resumed coverage of Brookfield Asset Mgmt with a rating of Neutral and set a new price target of $41.00 from $38.00 previously

    5/15/24 7:30:34 AM ET
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    Brookfield Asset Mgmt downgraded by HSBC Securities

    HSBC Securities downgraded Brookfield Asset Mgmt from Buy to Hold

    2/1/24 6:16:42 AM ET
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    Brookfield Asset Management Inc Press Releases

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    Brookfield Asset Management Announces Strong Second Quarter Results

    Announced Over $55B of Asset Sales to Date in 2025 Quarterly Fee-Related Earnings Up 16% Year-Over-Year and 18% Over the Last Twelve Months $22B of Capital Raised in the Quarter and $97B Raised Over the Last Twelve Months NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) ("BAM"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the quarter ended June 30, 2025. Connor Teskey, President of Brookfield Asset Management, stated, "Our second quarter results highlight the continued momentum and strength of our business. Fee-related earnings

    8/6/25 6:45:00 AM ET
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    First National Financial Corporation agrees to be acquired by Birch Hill Equity Partners and Brookfield, with existing shareholders Stephen Smith and Moray Tawse maintaining minority ownership

    TORONTO, July 27, 2025 /CNW/ - First National Financial Corporation (the "Company" or "First National") (TSX:FN) (TSX:FN) (TSX:FN) today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Regal Bidco Inc. (the "Purchaser"), a newly-formed acquisition vehicle controlled by private equity funds managed by Birch Hill Equity Partners Management Inc. ("Birch Hill") and private equity funds managed by Brookfield Asset Management ("Brookfield"), whereby the Purchaser will acquire all of the outstanding common shares (the "Shares") of the Company, other than the Rollover Shares (as defined below) (the "Transaction"), for $48.00 per Share in cash

    7/27/25 9:31:00 PM ET
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    Brookfield and Google Sign Hydro Framework Agreement to Deliver up to 3,000 MW of Homegrown Energy in the United States

    The World's Largest Framework Agreement for the Purchase of Hydroelectricity Over $3 Billion of Contracts Signed Today for 670 MW Holtwood and Safe Harbor Facilities in Pennsylvania NEW YORK and PITTSBURGH, July 15, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM), together with Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC)) ("Brookfield") and Google today announced a first-of-its-kind Hydro Framework Agreement ("HFA") to deliver up to 3,000 megawatts (MW) of carbon-free hydroelectric capacity across the United States – the world's largest corporate clean power deal for hydroelectricity. The first contracts executed under the HFA are for Brookfield's Holtw

    7/15/25 6:30:00 AM ET
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    Brookfield Asset Management to Host Second Quarter 2025 Results Conference Call

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, will host its second quarter 2025 conference call and webcast on Wednesday, August 6, 2025, at 10:00 a.m. ET. Results will be released that morning prior to 7:00 a.m. ET and will be available on our website at www.bam.brookfield.com/news-events/press-releases. Participants can join by conference call or webcast: Conference Call Please pre-register by conference call: https://register-conf.media-server.com/register/BI14639c34eb77456797cac242a7553ac1 Upon registering, yo

    7/14/25 6:45:00 AM ET
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    Crusoe Secures $750 Million Credit Facility from Brookfield to Accelerate the Development of Energy-First AI Factories

    DENVER, June 11, 2025 (GLOBE NEWSWIRE) -- Crusoe, the industry's first vertically integrated AI infrastructure provider, today announced it has secured a $750 million credit facility from Brookfield Asset Management, through its infrastructure debt platform. This significant financing will primarily be deployed to fuel the continued growth and scaling of Crusoe's development of AI factories, including purpose-built AI data centers and Crusoe's AI cloud platform. It further solidifies Crusoe's position as a leader in providing energy-first AI infrastructure. "The demand for AI infrastructure is growing exponentially, and this new credit facility from Brookfield provides us with the capital

    6/11/25 1:00:00 PM ET
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    Brookfield To Advance AI Infrastructure in Sweden Through SEK 95 Billion Investment

    NEW YORK and STOCKHOLM, June 04, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management ("Brookfield") today announced up to SEK 95 billion ($10 billion) of investment to support the development of artificial intelligence ("AI") infrastructure in Sweden. This investment represents one of Brookfield's largest AI investments in Europe and extends the partnership with the Swedish government, its public authorities, academia and businesses in the region. The Brookfield investment will be centered on a new large AI center in Strängnäs, Sweden, creating a strategic infrastructure asset to support the country's national AI strategy. Brookfield will sign a land allocation agreement for c.350,000 sq

    6/4/25 6:56:24 AM ET
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    Brookfield's TerraForm Power Accelerates U.S. Development with Acquisition of Sun Tribe Development

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- TerraForm Power, an affiliate of Brookfield Asset Management and a leading developer, builder and operator of renewable power, today closed on its acquisition of Sun Tribe Development, a mid-sized utility-scale solar and storage developer based in Virginia. With the transaction, TerraForm Power is initiating a new growth strategy, more than doubling its development pipeline to over 6,000 MW of solar and battery energy storage and strengthening its capabilities. Mark Noyes, CEO & President, TerraForm Power: "I'm excited by today's news welcoming Sun Tribe Development into the fold to deliver on TerraForm Power's new high-growth strategy in the U.

    5/15/25 8:30:00 AM ET
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    Brookfield Asset Management Announces Record First Quarter Results

    Quarterly Fee-Related Earnings up 26% Year-Over-Year to Nearly $700 Million $25 Billion of Capital Raised in the Quarter and Over $140 Billion Raised in the Past Year Closed $6 Billion in the First Quarter for Real Estate Flagship—Currently at $16 Billion; Now Set to Be Our Largest Real Estate Strategy NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) ("BAM"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the quarter ended March 31, 2025. Connor Teskey, President of Brookfield Asset Management, stated, "Our earnings momentum contin

    5/6/25 6:45:00 AM ET
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    Brookfield Asset Management Announces Results of Annual Meeting of Shareholders

    NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) --  Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) today announced that all 12 nominees proposed for election to the board of directors by holders of Class A Limited Voting Shares ("Class A Shares") and Class B Limited Voting Shares ("Class B Shares") were elected at the company's annual meeting of shareholders held on May 5, 2025 in New York, NY, with the option to attend virtually. Detailed results of the vote for the election of directors are set out below. Management received the following proxies from holders of each of the Class A Shares and Class B Shares in regard to the election of the 12 directors nominated: Director Nominee        V

    5/5/25 5:15:00 PM ET
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    Brookfield Asset Management Announces Pricing of Inaugural Offering of Senior Notes

    NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. ("BAM") (NYSE:BAM, TSX:BAM) today announced the pricing of its inaugural public offering of senior notes. BAM has agreed to issue $750 million principal amount of senior notes due 2035 (the "notes"), which will bear interest at a rate of 5.795% per annum. The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on April 24, 2025, subject to the satisfaction of customary closing conditions. The notes are being offered under BAM's existing amended and restated base shelf prospectus filed in the United States and Canada. In the United States, the no

    4/22/25 5:15:49 PM ET
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    Brookfield Asset Management Inc Insider Trading

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    Amendment: Large owner Brookfield Asset Management Ltd. disposed of 25,766,840 units of Class I Common Stock, disposed of 2,173,520 units of Class E Common Stock and acquired 660,286 units of Class C Common Stock (SEC Form 4)

    4/A - Brookfield Asset Management Ltd. (0001937926) (Reporting)

    11/27/24 1:00:05 PM ET
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    Large owner Brookfield Asset Management Ltd. disposed of 25,766,840 units of Class I Common Stock, disposed of 2,173,520 units of Class E Common Stock and acquired 660,286 units of Class C Common Stock (SEC Form 4)

    4 - Brookfield Asset Management Ltd. (0001937926) (Reporting)

    11/13/24 9:56:24 PM ET
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    Large owner Oaktree Acquisition Holdings Iii Ls, Llc converted options into 33,981 units of Class A ordinary shares (SEC Form 4)

    4 - Brookfield Asset Management Ltd. (0001937926) (Reporting)

    10/31/24 4:15:11 PM ET
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    SEC Form 4: L.P. Organics, Oaktree converted 10,581,759 units into Common Stock

    4 - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Reporting)

    2/22/21 5:40:19 PM ET
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    SEC Form 4: L.P. Ii, Fund Investment Huntington Oaktree converted 2,051,668 units into Common Stock

    4 - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Reporting)

    2/22/21 5:33:27 PM ET
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    SEC Form 3: Ltd Partners claimed ownership of 10,789,117 units of Common Stock

    3 - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Reporting)

    2/19/21 5:41:08 PM ET
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    SEC Form 4: L.P. Holdings, (Delaware) Iv Fund Opportunities Power Oaktree was granted 81,977,751 units of Class A Common Stock, decreasing ownership by 100% to 0 units

    4 - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Reporting)

    1/29/21 9:56:59 PM ET
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    SEC Form 3: L.P. Holdings, (Delaware) Iv Fund Opportunities Power Oaktree claimed ownership of 1,000 units of Common Stock

    3 - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Reporting)

    1/26/21 7:44:11 PM ET
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    SEC Form 4 filed by L.P. Holdings, Acquisition Oaktree

    4 - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Reporting)

    1/22/21 8:39:39 PM ET
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    Brookfield Asset Management Inc SEC Filings

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    SEC Form 10-Q filed by Brookfield Asset Management Inc

    10-Q - Brookfield Asset Management Ltd. (0001937926) (Filer)

    8/7/25 6:58:19 PM ET
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    Brookfield Asset Management Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - Brookfield Asset Management Ltd. (0001937926) (Filer)

    8/6/25 6:45:29 AM ET
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    Brookfield Asset Management Inc filed SEC Form 8-K: Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics, Financial Statements and Exhibits

    8-K - Brookfield Asset Management Ltd. (0001937926) (Filer)

    6/26/25 5:16:12 PM ET
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    SEC Form F-X filed by Brookfield Asset Management Inc

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    5/20/25 5:29:02 PM ET
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    SEC Form F-X filed by Brookfield Asset Management Inc

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    5/20/25 5:28:12 PM ET
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    Amendment: SEC Form SCHEDULE 13D/A filed by Brookfield Asset Management Inc

    SCHEDULE 13D/A - Brookfield Asset Management Ltd. (0001937926) (Subject)

    5/16/25 4:05:31 PM ET
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    Amendment: SEC Form SCHEDULE 13G/A filed by Brookfield Asset Management Inc

    SCHEDULE 13G/A - Brookfield Asset Management Ltd. (0001937926) (Subject)

    5/13/25 11:44:13 AM ET
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    Brookfield Asset Management Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - Brookfield Asset Management Ltd. (0001937926) (Filer)

    5/6/25 6:45:10 AM ET
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    Brookfield Asset Management Inc filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation

    8-K - Brookfield Asset Management Ltd. (0001937926) (Filer)

    4/24/25 9:02:18 AM ET
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    SEC Form SUPPL filed by Brookfield Asset Management Inc

    SUPPL - Brookfield Asset Management Ltd. (0001937926) (Filer)

    4/23/25 9:00:29 AM ET
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    Brookfield Asset Management Inc Financials

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    Brookfield Asset Management Announces Strong Second Quarter Results

    Announced Over $55B of Asset Sales to Date in 2025 Quarterly Fee-Related Earnings Up 16% Year-Over-Year and 18% Over the Last Twelve Months $22B of Capital Raised in the Quarter and $97B Raised Over the Last Twelve Months NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) ("BAM"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the quarter ended June 30, 2025. Connor Teskey, President of Brookfield Asset Management, stated, "Our second quarter results highlight the continued momentum and strength of our business. Fee-related earnings

    8/6/25 6:45:00 AM ET
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    Brookfield Asset Management to Host Second Quarter 2025 Results Conference Call

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, will host its second quarter 2025 conference call and webcast on Wednesday, August 6, 2025, at 10:00 a.m. ET. Results will be released that morning prior to 7:00 a.m. ET and will be available on our website at www.bam.brookfield.com/news-events/press-releases. Participants can join by conference call or webcast: Conference Call Please pre-register by conference call: https://register-conf.media-server.com/register/BI14639c34eb77456797cac242a7553ac1 Upon registering, yo

    7/14/25 6:45:00 AM ET
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    Brookfield Asset Management Announces Record First Quarter Results

    Quarterly Fee-Related Earnings up 26% Year-Over-Year to Nearly $700 Million $25 Billion of Capital Raised in the Quarter and Over $140 Billion Raised in the Past Year Closed $6 Billion in the First Quarter for Real Estate Flagship—Currently at $16 Billion; Now Set to Be Our Largest Real Estate Strategy NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) ("BAM"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the quarter ended March 31, 2025. Connor Teskey, President of Brookfield Asset Management, stated, "Our earnings momentum contin

    5/6/25 6:45:00 AM ET
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    Brookfield Asset Management to Host First Quarter 2025 Results Conference Call

    NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, will host its first quarter 2025 conference call and webcast on Tuesday, May 6, 2025, at 11:00 a.m. ET. Results will be released that morning prior to 7:00 a.m. ET and will be available on our website at www.bam.brookfield.com/news-events/press-releases. Participants can join by conference call or webcast: Conference Call Please pre-register by conference call:https://register-conf.media-server.com/register/BIb8ac4850404142c6a7c14f2e66c0e822Upon registering, you will be

    4/7/25 6:45:00 AM ET
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    Brookfield Asset Management Announces Record 2024 Results and 15% Dividend Increase

    Over $135 Billion of Capital Inflows; $48 Billion of Capital Deployed in 2024 Quarterly Fee-Related Earnings up 17% Year-Over-Year to a Record $677 Million NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) ("BAM"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the year ended December 31, 2024. Connor Teskey, President of Brookfield Asset Management, stated, "2024 was another strong year for our business. We raised over $135 billion of capital, including a record $29 billion of organic fundr

    2/12/25 6:45:00 AM ET
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    Brookfield Completes Acquisition of Chemelex

    NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) through one of its private equity funds, together with its listed affiliate Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC)), today announced that it has completed the acquisition of Chemelex ("the business") from nVent Electric Plc for a purchase price of $1.7 billion. Chemelex is a global leader in the design and manufacturing of electric heat trace systems, the specialized wiring systems that regulate the temperature of pipes in industrial plants and commercial buildings. With high barriers to entry and strong brand recognition as the inventor of electric heat tracing in 1972, the b

    2/3/25 6:45:26 AM ET
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    Brookfield Asset Management to Host Fourth Quarter 2024 Results Conference Call

    NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) will host its fourth quarter 2024 conference call and webcast on Wednesday, February 12, 2025 at 9:00 a.m. ET. Results will be released that morning prior to 7:00 a.m. ET and will be available on our website at www.bam.brookfield.com/news-events/press-releases. Participants can join by conference call or webcast: Conference Call Please pre-register by conference call: https://register.vevent.com/register/BIab487036b2504e888095438937381bb3Upon registering, you will be emailed a dial-in number, and unique PIN. This process will bypass the operator and avoid the queue.

    1/15/25 6:45:00 AM ET
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    Brookfield Asset Management Announces Record Third Quarter Results

    Fee-Related Earnings up 14% Year-Over-Year to $644 Million $135 Billion of Capital Raised Over LTM, Growing Fee-Bearing Capital 23% to $539 Billion Brookfield Takes Initial Steps to Enhance Shareholder Ownership and Index Inclusion NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) today announced financial results for the quarter ended September 30, 2024. Connor Teskey, President of Brookfield Asset Management, stated, "We delivered record results in the third quarter, driven by the substantial increase in fee-bearing capital due to strong fundraising, deployment and additional strategic partnerships over the past year. This resulted in 1

    11/4/24 6:45:00 AM ET
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    Brookfield Announces Steps to Enhance Corporate Structure and Broaden Shareholder Ownership of Brookfield Asset Management

    NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) and Brookfield Corporation (NYSE:BN, TSX:BN) today announced steps towards enhancing BAM's corporate structure and positioning BAM for broader equity index inclusion, particularly those in the U.S. As part of this effort, BAM has now changed its head office to New York. In addition, BAM and BN have entered into an agreement whereby BAM would own and reflect 100% of the asset management business (the "Arrangement"), and BN's current 73% interest in the asset management business would be held directly through ownership of approximately 73% of the publicly traded shares of BAM. The Arrangement w

    10/31/24 7:00:00 PM ET
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    Brookfield Acquires Share of Four UK Offshore Wind Farms from Ørsted

    Two leading renewable energy players partner on operational U.K. offshore wind farms. Brookfield to acquire a 12.45% stake in 3.5 GW offshore wind portfolio under long-term contracts LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ørsted (CPH: ORSTED) has signed a partnership agreement with Brookfield (NYSE:BAM, TSX:BAM), its institutional partners and its listed affiliate Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC)), who will acquire 12.45% minority stakes in four of Ørsted's operational U.K. offshore wind farms: Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension, which have a combined total capacity of approximately 3.5 GW. The enterprise value of the transaction is $2

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    Brookfield Asset Management Inc Leadership Updates

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    Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management

    NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management ("Brookfield"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, announced today the appointment of Bruce Flatt as Chair of the Board of Directors, in addition to his role as Chief Executive Officer. He replaces Mark Carney, who today announced his candidacy for the leadership of the Liberal Party of Canada. Concurrent with the launch of Mr. Carney's campaign, Brookfield has accepted his resignation from the company. In discussing Mark Carney's decision, Mr. Flatt said, "Mark has been a tremendous partner to the firm since he joined nearly five year

    1/16/25 3:55:36 PM ET
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    TerraForm Power Names Mark Noyes as CEO

    NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- TerraForm Power, a leading developer, builder, and operator of renewable power, announced today that it has named Mark Noyes as Chief Executive Officer and President to further the company's strategy across existing and new opportunities for growth. Mr. Noyes brings with him over 30 years of experience in the energy sector and joins TerraForm Power from RWE Clean Energy's leadership team where he was the Chief Executive Officer. Under his leadership, RWE Clean Energy grew significantly through both development and acquisition, ending 2023 with 10,000 megawatts of operating assets and a 30,000-megawatt pipeline. Prior to his role at RWE Clean E

    11/19/24 12:03:39 PM ET
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    CDPQ acquires 25% of UK's First Hydro Company from Brookfield

    Investment in a critical national infrastructure providing 76% of the United Kingdom's total pumped hydro storage capacityMONTRÉAL and LONDON, Sept. 24, 2024 /PRNewswire/ - CDPQ, a global investment group, today announced it has entered into an agreement with Brookfield Asset Management (NYSE:BAM) (TSX:BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE:BEP) (NYSE:BEPC) (TSX:BEP) (TSX:BEPC) (together "Brookfield"), to acquire its 25% stake in First Hydro Company, a critical electricity generation and storage facility in the United Kingdom. Engie is the majority shareholder who owns the remaining 75% of the company. Responsible for the management an

    9/24/24 4:01:00 AM ET
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    Scout Clean Energy Brings on Renewables Leader Kris Cheney as new Chief Development Officer

    Former EDP Renewables Executive Further Strengthens Scout's Ability to Execute on 19 GW Pipeline BOULDER, Colo., Aug. 21, 2024 /PRNewswire/ -- Today, Scout Clean Energy ("Scout"), a leading national renewable energy developer-owner-operator, announced the addition of Kris Cheney as Chief Development Officer, further fortifying Scout's established development capabilities. Cheney brings more than a decade of leadership experience developing wind, solar, and storage projects to Scout as it continues its significant growth trajectory to execute on its 19 GW pipeline of renewable energy assets.

    8/21/24 12:00:00 PM ET
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    Brookfield Asset Management Completes Annual Filings and Announces Management Changes

    BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) --  Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) announced that it has filed its 2023 annual materials on Form 40-F, including its audited financial statements and management's discussion and analysis for the year ended December 31, 2023, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR. These documents are also available at www.bam.brookfield.com and a hardcopy will be provided to shareholders free of charge upon request. Appointment of Hadley Peer Marshall as Chief Financial Officer The Board of Brookfield Asset Management is pleased to announce the appointment of Hadley Peer Marshall as Chief Fi

    3/19/24 7:30:00 AM ET
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    Brookfield Announces Appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure

    BROOKFIELD, NEWS, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management ("Brookfield") announced today the appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure investments. Ron brings a wealth of experience to his role at Brookfield, including over two decades of building and transforming businesses in the global payments space, and as a Non-Executive Director of the Bank of England's Court of Directors. Brookfield's financial infrastructure strategy focuses on identifying opportunities in digital assets and services that form the backbone of the global financial economy. The strategy typically seeks mature, high-quality companies that are integral comp

    10/23/23 7:00:00 AM ET
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    Brookfield Reinsurance Reports Second Quarter Results and Announces Regular Distribution

    BROOKFIELD, NEWS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BAMR) today announced financial results for the quarter ended June 30, 2022. Sachin Shah, CEO of Brookfield Reinsurance, stated, "With the closing of American National, we now manage over $40 billion of assets, a substantial portion of which are in cash and short-dated liquid securities. Our focus now shifts to investing these assets for value in a rising rate environment." UnauditedAs at and for the periods ended June 30(US$ millions, except per share amounts)Three Months Ended Six Months Ended 2022  2021  2022  2021Total Assets$41,019 $2,640 $41,019 $2,640Adjusted equity1 3,767  1,252  3,767  1,252Dis

    8/11/22 6:55:00 AM ET
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    Brookfield Reinsurance Announces Third Quarter Results, Regular Distribution and Appointment of Directors

    BROOKFIELD, NEWS, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Reinsurance Partners Ltd. ("Brookfield Reinsurance") ((NYSE, TSX:BAMR) today announced financial results for the quarter ended September 30, 2021. Sachin Shah, CEO of Brookfield Reinsurance, stated, "We continue to make significant progress in advancing our priorities with a focus on executing our previously announced transactions. Since we last reported, we have closed on a number of reinsurance and pension risk transfer opportunities, increasing our assets under management to $8 billion. Through our strategic partnership with Brookfield, we have successfully redeployed a significant portion of th

    11/11/21 6:55:00 AM ET
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    Brookfield Appoints Michael McRaith Vice Chairman of Insurance Solutions Business

    BROOKFIELD NEWS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Brookfield today announced the appointment of Michael McRaith as Vice Chair of its Insurance Solutions business. In this newly created role, Mr. McRaith will participate in all aspects of Brookfield's global insurance operations. Brookfield's Insurance Solutions business is focused on providing capital and investment solutions that match assets and liabilities for the benefit of policyholders and other stakeholders. Leveraging Brookfield's extensive expertise and capacity across real estate, infrastructure, renewable power and private credit, Insurance Solutions partners with leading insurers to develop portfolios with high-quality inve

    10/28/21 9:00:00 AM ET
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    Brookfield Asset Management Announces Appointment of Hutham Olayan to Board of Directors

    BROOKFIELD NEWS, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“Brookfield” or the “Corporation”) (TSX: BAM.A, NYSE: BAM) announced today the appointment of Hutham Olayan to its board of directors. Ms. Olayan is Chair of The Olayan Group, a multinational investment enterprise as well as a leading operator of businesses in Saudi Arabia, where the group originated in 1947. Ms. Olayan has decades of experience as a long-term investor in various asset classes in global markets. Frank McKenna, Chair of the Board of Directors of Brookfield, stated, “We are thrilled to welcome Ms. Olayan to Brookfield. As an accomplished business leader and skilled director, she brings vast

    1/5/21 6:55:00 AM ET
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    Brookfield Asset Management Inc Large Ownership Changes

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    SEC Form SC 13D/A filed

    SC 13D/A - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Filed by)

    3/11/21 8:00:52 AM ET
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    SEC Form SC 13D/A filed

    SC 13D/A - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Filed by)

    2/26/21 9:32:52 PM ET
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    SEC Form SC 13D filed

    SC 13D - BROOKFIELD ASSET MANAGEMENT INC. (0001001085) (Filed by)

    2/2/21 12:37:28 PM ET
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