Brookfield Asset Management

Brookfield Asset Management

Office address: Brookfield Place, Suite 100 181 Bay Street, Toronto, ON M5J 2T3
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.

History of Brookfield Asset Management

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.

Products and Services of Brookfield Asset Management

Brookfield offers a wide range of products and services to its investors. These include:

  • real estate
  • infrastructure
  • private equity
  • credit
  • insurance solutions

Brookfield’s investments focus on 3 areas: infrastructure, transition and renewables, and direct lending.

Culture at Brookfield Asset Management

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.

About Brookfield Asset Management CEO Bruce Flatt

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.

Future at Brookfield Asset Management

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.

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