- Business
- Brookfield Asset Management Ltd. is a leading global alternative asset manager that oversees investments in real estate, infrastructure, renewable power and transition, private equity, and credit across more than 30 countries. The firm, spun off from Brookfield Corporation in December 2022 and 73% owned by its former parent, offers a broad range of investment products including fee-bearing funds, perpetual strategies, and separately managed accounts to institutional investors such as pension plans, endowments, sovereign wealth funds, and insurance companies, as well as private wealth clients; its key segments encompass private credit with $349 billion in total assets under management, private equity at $151 billion, and real estate/real assets at $651 billion, supported by operational expertise in areas like renewable energy storage, sustainable solutions, and specialized capital for borrowers. Headquartered in New York City since its December 2024 relocation from Toronto, the firm traces its heritage to 1899 through Brookfield's origins. Recent developments include a record $30 billion fundraising in Q3 2025, an agreement to acquire the remaining 26% of Oaktree Capital Management for $3 billion to create a fully integrated global credit platform expected to close in H1 2026, completion of a majority stake in Angel Oak for specialty mortgage and consumer credit exposure, approval for Brookfield Wealth Solutions' acquisition of Just Group adding $36 billion to its portfolio with BAM as investment manager, a strategic U.S. government partnership for $80 billion in nuclear power deployment using Westinghouse technology, and issuance of $750 million in 30-year notes alongside revolver expansion.