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Showing 11 - 20 of 24 results for "Brookfield Asset Management"

Brookfield names leadership for asset management business

CASSANDRA BALDINI  |  FRIDAY, 12 AUG 2022
Former Bank of England governor Mark Carney will become chair of Brookfield Asset Management when it lists separately in November. Carney will take on the role in addition to his other responsibilities as head of transition investing. He is currently ...

Brookfield, Infratil sell mobile towers

JAMIE WILLIAMSON  |  MONDAY, 18 JUL 2022
Brookfield Asset Management and Infratil are offloading their stakes in Vodafone New Zealand's passive mobile tower assets. Brookfield and Infratil bought 49.5% each of the assets in 2019 for NZ$1 billion. Now, alongside Vodafone, which will continue ...

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
Following speculation, Brookfield Asset Management has announced an agreement to acquire La Trobe Financial for $1.5 billion. The valuation includes a contingent payment tied to the business achieving certain performance milestones. La Trobe Financial ...

AGL rejects another takeover bid

KARREN VERGARA  |  MONDAY, 7 MAR 2022
... the AGL board told the ASX this morning. Cannon-Brookes, together with his firm Grok Ventures and Brookfield Asset Management, made an initial offer of $7.50 per share in February, which was also instantly rejected by AGL. AGL chair Peter Botten said ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... spin off its asset management business into a separate public company. In a letter to shareholders, Brookfield Asset Management chief executive Bruce Flatt said the firm is weighing whether it would be better off "asset-light" rather than stay "asset-heavy" ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
... Further, the New York Post alleges Senator Jim Inhofe dumped as much as $690,000 in Apple, PayPal and Brookfield Asset Management. Criticising the Senators, Democratic congresswoman Alexandria Ocasio-Cortez tweeted: "It is stomach-churning that the first ...

Brookfield acquires 62% of Oaktree Capital

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
Brookfield Asset Management is set to acquire 62% of Oaktree Capital, creating a $672 billion alternative investment behemoth. The 120-year-old Canadian firm will pay roughly $6.8 billion for the stake in Oaktree Capital. Following the transaction ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... HSO on April 26 at $2.36 per share. About three weeks later on May 14, Canadian private equity firm Brookfield Asset Management threw its hat in the ring, upping the consortium's offer at $2.50 cash per share. The stock soared close to its present 52-week ...

AMP Capital takes stake in Sydney development

ALEX BURKE  |  THURSDAY, 28 SEP 2017
... US asset manager. AMP Capital's Wholesale Office Fund (AWOF) agreed to purchase a 25% interest in Brookfield Asset Management's Wynyard Place development. UniSuper has acquired a 24.9% interest. The development is mixed-use, comprising a 27-level commercial ...

New CFO for Charter Hall

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
... financial officer. Russell Proutt has more than 25 years of finance experience, including 11 years at Brookfield Asset Management - a Canadian listed diversified real asset investment manager. He served as a managing partner within the Brookfield Infrastructure ...