Brookfield Asset Management

Brookfield Asset Management Ltd. was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation. The firm operates as a major global investment entity, managing a diverse portfolio that includes real estate, infrastructure, renewable power, and private equity. While originally headquartered in Toronto, the company moved its headquarters to New York City in late 2024 to facilitate inclusion in American stock market indexes.

The company has expanded rapidly through significant acquisitions and large-scale fundraising, recently surpassing $1 trillion in assets under management. Notable activities include major partnerships for renewable energy development and the acquisition of various international entities in the credit and property sectors. The firm remains 73 percent owned by its parent, Brookfield Corporation, following a restructuring designed to consolidate its asset management operations.