Brookfield Asset Management

Brookfield Asset Management Ltd. engages in the provision of alternative asset management services across renewable power and transition, infrastructure, private equity, real estate, and credit industry. It invests client capital for the long-term with a focus on real assets and essential service businesses. The company was founded on July 4, 2022 and is headquartered in Vancouver, Canada.

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Brookfield Asset Management excels in Q2, eyes monetization opportunities

Brookfield Asset Management's Q2 performance was marked by strong fundraising, notable investments, and positive market sentiment. The company is well-positioned to capitalize on opportunities in infrastructure, private equity, and insurance segments.

Brookfield Asset Management (BAM) reports record Q3 results and growth

Brookfield Asset Management (BAM) showcased robust performance and growth in Q3 2024.
Despite market uncertainties, the company remains well-positioned for continued success.
With a focus on attractive returns and strategic investments, Brookfield anticipates strong earnings growth.

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Brookfield Asset Management Ltd. provides alternative asset management services across renewable power and transition, infrastructure, private equity, real estate, and credit industry. It invests client capital for the long term with a focus on real assets and essential service businesses. The company was founded on July 4, 2022, and is headquartered in Vancouver, Canada.

Brookfield Renewable Partners

Cameco

CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--As announced earlier today, a consortium comprised of Brookfield Asset Management (NYSE: BAM, TSX: BAM), and alongside its publicly listed affiliate Brookfield Renewable Partners (NYSE: BEP; TSX: BEP.UN) and its institutional partners (“Brookfield”), and Cameco (NYSE: CCJ; TSX: CCO) completed its acquisition of Westinghouse Electric Company. The sale to Brookfield and Cameco cements the significant role that Westinghouse plays in enabling the world's cl.

Westinghouse Acquisition by Brookfield and Cameco Complete

Brookfield Asset Management Ltd. (NYSE:BAM ) Q3 2023 Earnings Conference Call November 6, 2023 11:00 AM ET Company Participants Jason Fooks - Investor Relations Bruce Flatt - Chief Executive Officer Connor Teskey - President, Brookfield Asset Management Bahir Manios - Chief Financial Officer Conference Call Participants Cherilyn Radbourne - TD Cowen Alex Blostein - Goldman Sachs Geoff Kwan - RBC Capital Markets Sohrab Movahedi - BMO Capital Markets Craig Siegenthaler - Bank of America Brian Bedell - Deutsche Bank Ken Worthington - JP Morgan Nik Priebe - CIBC World Markets Mario Saric - Scotiabank Operator Hello and welcome to Brookfield Asset Management's Third Quarter 2023 Conference Call and Webcast.

Brookfield Asset Management Ltd. (BAM) Q3 2023 Earnings Call Transcript

Brookfield Asset Management (TSX:BAM.A) on Monday reported higher profits for the third quarter on increased fee-related earnings.   For the quarter ended September 30, 2023, the Toronto-based alternative asset manager reported a profit of $494 million, up from $395 million in the year-ago quarter.

Brookfield Asset Management raises $26B during the third quarter

Strong Fundraising with $61 Billion of Capital Raised Year-to-Date; Remain on Track to Achieve Cap ital Raising Target of Close to $150 Billion

Brookfield Asset Management Announces Strong Third Quarter Results

BROOKFIELD, NEWS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its global infrastructure debt program, Brookfield Infrastructure Debt Fund III (“BID III” or the “Fund”). With capital commitments exceeding $6 billion, including over $400 million in discretionary co-investment capital, BID III is the world's largest private infrastructure debt fund.

Brookfield Raises Record $6 Billion For Global Infrastructure Debt Investments

Pension fund AustralianSuper on Thursday rejected the Brookfield consortium's best and final A$16.40 billion ($10.53 billion) takeover offer for Origin Energy , saying the sweetened offer remained "substantially" below its estimate.

Origin Energy's top shareholder rejects Brookfield's 'best and final' $10.5 bln bid

A Brookfield consortium on Thursday lifted its bid for Australian power producer Origin Energy by 8% to A$16.40 billion ($10.49 billion), its "best and final" offer after earlier opposition from the target's biggest investor.

Brookfield makes 'best and final' $10.5 bln bid for Australia's Origin Energy

Brookfield Asset Management is a stable asset management business with high margins and a large moat around its asset products. BAM's earnings multiple is below financial sector averages despite the better-than-average results, which presents a value discrepancy we think should be taken advantage of. Management's path to value creation is simple, as the underlying business model is straightforward.

Brookfield Asset Management: A Potential 'Forever Hold'

CHARLOTTE, N.C. , Oct. 25, 2023 /PRNewswire/ -- Deriva Energy, a leading operator and developer of clean power projects in the United States, made its debut today.

Duke Energy Renewables Rebrands as Deriva Energy under Brookfield Ownership

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Appointment underscores Brookfield's commitment to investing in financial infrastructure Appointment underscores Brookfield's commitment to investing in financial infrastructure

Brookfield Announces Appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure

Royalty Pharma

Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Royalty Pharma (RPRX) and Brookfield Asset Management (BAM). But which of these two stocks presents investors with the better value opportunity right now?

RPRX vs. BAM: Which Stock Is the Better Value Option?

BROOKFIELD, NEWS, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the third quarter 2023 on Monday, November 6, 2023, prior to 7:00 am (ET). These results will be made available on our website at: https://bam.brookfield.com/news-events/press-releases.

Brookfield Asset Management Ltd. Sets Third Quarter 2023 Results Conference Call

BROOKFIELD, NEWS, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management announced today the closing of its latest flagship global private equity program, Brookfield Capital Partners VI (“BCP VI” or the “Fund”). With $12 billion in total capital raised for the strategy, BCP VI is the largest private equity fund raised by Brookfield.

Brookfield Raises $12 Billion for Flagship Global Private Equity Program

Canada's Brookfield Asset Management (TSX:BAM.A) is set to acquire eleven onshore wind farms in the UK through the purchase of Banks Group's renewables wing for roughly US$1 billion. Made up of over 100 turbines, Bank's wind farms in northern England and Scotland will be taken on by Brookfield as part of the deal, alongside its solar and battery assets.

Brookfield eyes up British onshore wind in one billion dollar deal

Canada's Brookfield Asset Management has entered its second joint venture with Axis Energy Ventures to establish a renewable energy development platform targeting growth in India, the companies said in a joint statement on Thursday.

Brookfield enters second renewable energy joint venture with Axis Energy

NEW YORK--(BUSINESS WIRE)---- $BAM #NAIC--UNITE HERE Releases Report on $4.7b in related-party investments made by Brookfield's newly-acquired insurance affiliate American National.

UNITE HERE Releases Real Estate Runaround: How Brookfield's Insurance Venture Offers Reward for Investors, Risk for Retirees

Brookfield Asset Management stock has rebounded sharply from its March 2023 lows as investors look past the regional banking crisis. The company's well-diversified business model and predictable fee-based earnings stream provide substantial earnings visibility for investors. Management's focus on bolstering "sticky fee streams" and its solid debt-free balance sheet position the company well for significant earnings growth moving ahead.

Brookfield Asset Management: Well-Poised For A Spectacular Growth Recovery

Brookfield Asset Management expects to double its fee-bearing capital over the next five years. That positions it to grow its earnings and dividend at a 15% to 20% annual rate.

Growth in Financials: This Stock Can Double by 2030

American Equity Investment Life has agreed to sell itself to BNRE. AEL shareholders will receive a mix of cash and BAM stock. AEL shares are currently trading below the offer price, creating an arbitrage opportunity for investors interested in a long position in BAM. BAM has released a new five-year plan with a target to generate $5 billion in distributable earnings by 2028, potentially leading to a 9% pro forma dividend yield.

Buy Brookfield Asset Management At A 14% Discount Via The American Equity Buyout

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Commercial real estate market is just beginning to experience the pain of the correction, according to billionaire investor Jeff Greene. Office buildings are expected to be the hardest hit, with declining leasing volume and potential defaults on loans. Retail, industrial, and residential real estate are expected to fare better, with little risk of oversupply and high occupancy rates.

Billionaire Commercial Real Estate Investor Says 'The Worst Is Yet To Come'

BROOKFIELD, NEWS, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that it will host an Investor Day on Tuesday, September 12, 2023. The event will run from 10:30 a.m. (ET) until 1:30 p.m. (ET).

Brookfield Asset Management to Host Investor Day on September 12, 2023

Grupo Financiero Banorte SAB de CV

Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Grupo Financiero Banorte SAB de CV (GBOOY) and Brookfield Asset Management (BAM). But which of these two stocks presents investors with the better value opportunity right now?

GBOOY or BAM: Which Is the Better Value Stock Right Now?

Brookfield Asset Management is a top pick for a buy-and-hold forever stock due to its strong growth potential and track record. BAM is the second-largest alternative asset manager globally and focuses on hard assets, such as global infrastructure and private credit, two of the largest megatrends in history. The company has a robust risk management profile, and management says it can grow 15% to 20% for the next 20 years, delivering Buffett-like returns for decades to come.

Brookfield Asset Management: If I Could Own Just One Company This Would Be It

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News for Brookfield Asset Management Stock (BAM)