Brookfield Asset Management
Brookfield Asset Management is a global investment firm managing over $925 billion in assets across renewable power, infrastructure, private equity, real estate, and credit, with a strong commitment to sustainability and diversity.
Company History
Brookfield Asset Management has a history spanning over 100 years, originating from its early days in hydropower. The company has evolved significantly over the decades, expanding its operations and investment portfolio to become a global leader in asset management. Today, Brookfield operates in over 30 countries across five continents and manages more than $925 billion in assets. The company's growth has been marked by strategic diversification into various sectors, including renewable power, infrastructure, private equity, real estate, and credit.
Services and Investment Strategies
Brookfield Asset Management offers a broad range of services and investment strategies. The company invests in renewable power and transition, infrastructure, private equity, real estate, and credit. Brookfield's Renewable Power & Transition Group focuses on investments in renewable energy sources. The infrastructure division covers transportation, utilities, and data infrastructure. The private equity sector targets investments in technology, healthcare, and industrials. In real estate, Brookfield invests in office, retail, multifamily, and logistics properties. The company's credit business includes diverse credit strategies through Brookfield credit funds and insurance accounts.
Sustainability Initiatives
Brookfield Asset Management has a strong focus on sustainability. The company is committed to achieving net-zero greenhouse gas emissions by 2050. Brookfield is a signatory to the Net Zero Asset Managers initiative and supports the Task Force on Climate-related Financial Disclosures (TCFD). Additionally, the firm has a sustainability strategy that aims to foster business resilience and create value for investors and stakeholders. Brookfield is also a member of the IFRS Sustainability Alliance and supports the United Nations-supported Principles for Responsible Investment (PRI).
Diversity and Inclusion
Brookfield Asset Management places significant emphasis on diversity and inclusion. The company is a signatory to the ILPA Diversity in Action initiative, reflecting its commitment to fostering a diverse and inclusive workplace. Brookfield's internal initiatives aim to support and enhance a culture of diversity and inclusion across all levels of the organization. The company believes that diverse perspectives contribute to better decision-making and drive innovation within its global operations.
Brookfield Wealth Solutions
Brookfield Asset Management provides a variety of retirement savings products through Brookfield Wealth Solutions. This division is dedicated to offering investment expertise tailored to individual investors. Brookfield Oaktree Wealth Solutions, a dedicated team within the firm, focuses on delivering specialized investment strategies for retirement and wealth management. By leveraging insights from Brookfield's extensive global operations, the wealth solutions division aims to provide robust investment opportunities to meet the diverse needs of individual investors.