Brookfield AM managing partner calls time

A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm.

Len Chersky has left the firm this week. He joined Brookfield in January 2014 after a brief stint at Lendlease as executive director of resources infrastructure.

He began his career as a quantitative analyst at Zurich Financial Services Australia and served in senior positions at Moodys Corporation, Alinta Energy, and Babcock & Brown previously.

Brookfield declined to comment on his departure but noted clients and shareholders were informed Chersky would be leaving the company in July 2025.

Chersky's regional leadership role, overseeing Australia and east Asia, was taken over by Aditya Joshi, who was appointed head of Asia Pacific and Middle East private equity.

Additionally, Shiv Gupta was appointed head of Australia private equity in March 2026.

During the period, Chersky assisted with the transition of the role as well as the strategic review of La Trobe Financial, which resulted in a partial sale to Axight in April 2026 for $3 billion.

"It's been almost exactly 13 years since I met my partners, as the first dedicated private equity hire in APAC. It's been quite a journey," Chersky said in a post on LinkedIn.

"Looking back, what stands out isn't any single deal. It's the people. I've been lucky to work alongside colleagues, management teams and co-investors who were as generous with their time as they were sharp in their thinking. Together we backed great businesses, worked through some tough situations, and celebrated plenty of wins.

"To my Brookfield colleagues, our portfolio company leaders, and the investors and advisers who placed their trust in us: thank you! I've learned more from you than I could ever repay. I am fortunate to now call many of you my friends.

"I leave proud of what we built together and excited for what comes next. I'll be cheering the team on from close by."