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Writer's pictureJosh Rovner

Why Brookfield Asset Management for Private Equity? / Overview of Brookfield Asset Management

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course, which help thousands of candidates land top jobs every year.



Overview

Brookfield Asset Management is an asset manager with operations across 30+ countries and an AUM of over $900B.

Brookfield invests in a variety of asset classes and investment strategies, including Private Equity, Real Estate, Infrastructure, Credit & Insurance Solutions, and Renewable Power & Transition. In June 2022, the firm raised $15B for its inaugural Global Transition Fund focused on carbon-neutral projects. Brookfield has historically been one of the world's most prominent investors in real estate and infrastructure but has continued to expand its presence in private equity.

Headquartered in Toronto, Brookfield is the only major Canadian non-pension investment fund.


Brookfield Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Brookfield, you should make sure you know:


  • 1 deal that the investment team you are recruiting with has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.



Big 3 Qualitative Questions




Selected Transaction


Brookfield acquired CDK Global, a leading provider of tech solutions to auto dealerships. The company's software is key to connecting dealers' operations and providing growth solutions.

  • Transaction Description: Brookfield Business Partners L.P. (NYSE:BBU) entered into a definitive agreement to acquire CDK Global, Inc. (NASDAQ:CDK). Brookfield’s investment was funded with $3.5 billion of equity.

  • Transaction Value: US$8.3B

  • Transaction Date: Closed July 2022

  • Press Release


Fact Sheet


Brookfield Logo


  • Company Name: Brookfield Asset Management

  • Description: Brookfield is a leading global alternative asset manager with over $750 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit

  • Firm Category: Private Equity / Asset Manager

  • Ticker: NYSE:BAM and TSE:BAM.A

  • Founded: 1997

  • Employees: 200,000

  • Assets Under Management: $900B+

  • Flagship Fund Size: Brookfield Capital Partners VI ($12.1B raised in 2023)

  • Chief Executive Officer: Bruce Flatt

  • Headquarters: Toronto, Canada


Resources


Brookfield Glassdoor



Brookfield Salary


Based on the H1B Database, the average base salary for an Analyst at Brookfield is $108k - $120k. We note that this salary information may be dated and not reflective of their current pay.

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