Asset Allocation
Brookfield, CPP Investments Partner On $5.2B Take-Private Deal
The asset manager and the Canadian pension fund will acquire warehouse and logistics company LXP in an all-cash transaction.
Tag: Brookfield Asset Management
Corporate Moves
Brookfield Moves Into Annuities by Acquiring Just Group
The asset manager’s wealth solutions arm announced it will acquire the defined benefit insurer for $3.17 billion.
Asset Allocation
CDPQ Acquires 25% Stake in Engie-Owned UK Hydroelectricity Provider
The C$452 billion pension fund bought the stake in a deal with Brookfield Asset Management.
Saltwater to Freshwater: A Panacea That Travels Rough Seas
Desalination, a seeming godsend for parched areas, also could be profitable for investors. But the process is not always easy to pull off.
UAE Plans $30B Climate Fund With Partners BlackRock, Brookfield, TPG
The Alterra fund aims to invest $250 billion by the end of the decade, focusing on ‘global climate solutions’ in emerging markets and less-developed economies.
Corporate Moves
Brookfield Asset Management Unit Closes Deal to Sell 49% of Westinghouse to Cameco
Brookfield Business Partners bought the nuclear tech company out of bankruptcy in 2018 for $4.6 billion, while this deal values the company at $8.2 billion.
Alternatives
Brookfield Raises $12B for Private Equity Program
Brookfield Capital Partners VI is the largest private equity fund in the firm’s history.
Asset Allocation
Fidelity, Brookfield Partner to Offer Private Canadian Real Estate Exposure
The alts manager will invest in a new portfolio of real estate assets in Canada.
Asset Allocation
Commercial Real Estate Faces ‘Staring Contest’
Even if interest rates stop going up, CRE investors face years of fine margins and crucial risk calculations.
Research
500 Largest Asset Managers Increase Assets by 10.2% in Past Year
The Thinking Ahead Institute’s report found that assets at the Top 500 asset managers hit $131 trillion in assets under management in 2021.
Asset Allocation
New York State Pension Invests Over $2.6 Billion in Alts in December
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Asset Management Culture
J.C. Penney Completes Pension Liabilities Transfer to PBGC
The long-beleaguered American retailer is offloading its obligations as part of a sale to mall operators Brookfield and Simon Property.
Asset Allocation
Abu Dhabi Pension Fund and ADQ to Invest $2.1 Billion in Gas Pipelines
The state investors have taken a 20% stake in the energy firm.