Brookfield Investments Corporation
Brookfield Investments Corporation
Brookfield Place, 181 Bay Street Suite 300, PO Box 762 Toronto, ON M5J 2T3
416 369-4918
Sector: Financial
Description
Brookfield Investments Corporation invests in properties and forest products sectors. The parent company of the investment firm is Brookfield Asset Management Inc.
Brookfield trades its shares on the TSXV under BRN.PR.A. Brookfield Investments Corporation owns a portfolio of preferred shares issued by the parent company Brookfield Asset Management Inc.
Brookfield Asset Management holds the common shares of its subsidiary. Brookfield focuses on alternative asset management, private equity, renewable energy, and infrastructure.
Brookfield Asset Management has more than US$600 billion worth of assets under management across infrastructure, real estate, renewable power, private equity and credit. The company’s objective is to benefit its shareholders and clients by generating attractive long-term risk-adjusted returns.
The company manages a range of private and public investment products and services for retail and institutional clients by investing alongside them. The asset management company claims to have a strong balance sheet with US$59 billion worth of capital invested, primarily in the listed affiliates of the company -- Brookfield Property Partners, Brookfield Renewable Partners, Brookfield Infrastructure Partners, and Brookfield Business Partners.
The large-scale capital access enables Brookfield to make investments in premier and sizable assets and businesses across different geographies and asset classes. Brookfield Asset Management creates shareholder value in the following ways:
• By acting as an investor and capital allocator -- the company invests at attractive valuations, mainly in value-oriented situations creating opportunities for superior valuation profits and cash flow returns, or by monetizing businesses and assets at the appropriate time to realize value.
• As an operator and owner, Brookfield Asset Management works to increase the value of the assets or entities within its operating businesses and the generated cash flow through operating expertise, effective financing, and development capabilities.
• Brookfield Asset Management invests in its own capital as well as its investors’ capital, which enables the company to increase the scale of its operations and enhance the financial returns through performance-based income and base management fees.
On July 15, 2021, Brookfield Asset Management Incorporation and Oaktree Capital Management, L.P. announced an agreement under which the advisory role of Oaktree Real Estate Income Trust, Inc. will be transitioned into an affiliate of Brookfield. As per the transition, the REIT will be known by the name Brookfield Real Estate Income Trust Incorporation, distributed by Brookfield Oaktree Wealth Solutions, a wealth management platform offering institutional caliber alternative investment products to significant investors globally.
Peers
FFH
Fairfax Financial Holdings Ltd
EQB
Equitable Group Inc
ELXR
Elixxer Ltd.
MIT
The Mint Corporation.
LIF
Labrador Iron Ore Royalty Corporation
WTE
Westshore Terminals Investment Corp
DELX
Delphx Capital Markets Inc
CFP
Canfor Corp
NA
National Bank of Canada
URC
Uranium Royalty Corp.
HCG
Home Capital Group Inc
MPT
Midpoint Holdings Ltd.