Brookfield Asset Management

Brookfield Asset Management is a prominent global alternative asset manager headquartered in Toronto, Canada, with a rich history spanning over 100 years. The firm specializes in real assets, including property, renewable power, infrastructure, and private equity, distinguishing itself from traditional venture capital firms that focus on early-stage startups. Brookfield's investment philosophy centers on acquiring and managing high-quality, long-life assets and businesses that provide essential products and services, often employing a value-oriented and contrarian approach.

Brookfield operates on a massive scale, managing assets under management (AUM) exceeding $900 billion as of late 2023. Their investment strategy involves deploying significant capital into large-scale projects and established operating companies rather than small, nascent ventures. For instance, their private equity group, Brookfield Business Partners, targets control investments in mature businesses across sectors like business services, industrials, and energy, where enterprise values typically range from hundreds of millions to tens of billions of dollars.

While not engaged in venture capital as commonly understood, Brookfield makes substantial direct equity commitments. Their infrastructure and renewable power groups, for example, invest in large-scale projects, exemplified by their $15 billion Global Transition Fund dedicated to accelerating decarbonization initiatives worldwide. Individual equity investments by Brookfield typically range from hundreds of millions to several billions of dollars, reflecting their focus on established, cash-generating assets and businesses that offer long-term value and operational upside.