Brookfield Asset Management

Brookfield Asset Management Ltd. was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation (formerly Brookfield Asset Management). The firm is a leading global alternative asset manager focusing on high-quality, long-life assets. Headquartered in New York City since late 2024, the company is 73 percent owned by Brookfield Corporation and manages over $1 trillion in assets for institutional and individual investors.

The firm's operations are diversified across several key investment sectors, including real estate, infrastructure, renewable energy, private equity, and credit. Since its inception as a standalone public entity, it has aggressively expanded its footprint through significant acquisitions and fund launches, such as the acquisition of Network International and the formation of Pinegrove Capital. It also maintains a strategic partnership with Oaktree Capital Management.

In recent years, the firm has faced scrutiny regarding its tax structures and carbon neutrality claims, particularly involving its former chairman, Mark Carney. Despite these challenges, the firm continues to be a dominant player in the global financial landscape, highlighted by massive capital raises and strategic renewable energy agreements with major corporations like Microsoft. In early 2026, the firm completed a leadership succession with Connor Teskey taking over as CEO from long-time leader Bruce Flatt.