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Search resuls for: "Bruce Flatt"


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Inflation was last year's story, says Brookfield CEO Bruce Flatt
  + stars: | 2024-05-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation was last year's story, says Brookfield CEO Bruce FlattBruce Flatt, Brookfield Asset Management CEO, joins 'Money Movers' to discuss the state of the economy, the Fed, and commercial real estate.
Persons: Bruce Flatt Bruce Flatt Organizations: Brookfield, Brookfield Asset Management Locations: Brookfield
Brookfield’s energy M&A loss is teachable moment
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +2 min
MELBOURNE, Dec 4 (Reuters Breakingviews) - Brookfield Asset Management (BAM.TO), has some wounds to lick. On Monday the Canadian investment firm’s joint $13 billion offer with MidOcean Energy for Australian power generator and retailer Origin Energy (ORG.AX)failed after the bidders secured backing from 69% of voted shares, below the required 75% threshold. It could target smaller local energy firms, like Alinta Energy and EnergyAustralia, owned by Hong Kong-based Chow Tai Fook Enterprises and CLP (0002.HK) respectively. Brookfield has made other investments from its $15 billion global transition fund, including to co-buy Westinghouse Electric. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Bruce Flatt, Chow, Brookfield, Antony Currie, Neiman Marcus, Una Galani, Thomas Shum Organizations: MELBOURNE, Reuters, Brookfield Asset Management, MidOcean Energy, Origin Energy, Alinta, Chow Tai Fook Enterprises, CLP, HK, Westinghouse, X, Saks, Thomson Locations: Brookfield, Hong Kong
Global fundraising for alternative investments, which include private equity, dropped 21% to $972 billion in the year to Nov. 1 from the same period a year earlier, according to research firm Preqin. As their money becomes more vital, Gulf funds are encouraging private equity firms to invest locally in plans for a post-oil future. "Building a partnership based on reciprocity is nowadays necessary to succeed in the Gulf," said Francois Aissa-Touazi, co-global head of investor relations at private equity fund Ardian. Private equity funds are getting the message. In turn private equity funds can use these pools of capital to fund large private debt or equity transactions, according to Tikehau Capital's Deputy CEO, Frédéric Giovansili.
Persons: Amr Alfiky, Francois Aissa, Ardian, Touazi, Brookfield, Bruce Flatt, thronged, Flatt, Mohammed Al Jadaan, Anthony Diamandakis, Rishi Kapoor, Investcorp, Tikehau, Frédéric Organizations: United, United Arab Emirates, REUTERS, Rights, Global, Investment Initiative, Public Investment Fund, Brookfield, Tikehau, CVC, Reuters, Thomson Locations: Abu Dhabi, United Arab, Rights RIYADH, LONDON, Davos, Saudi, Saudi Arabia, Riyadh, Dubai, Brookfield, Bahrain
Watch CNBC's full interview with Brookfield CEO Bruce Flatt
  + stars: | 2023-09-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Brookfield CEO Bruce FlattCNBC's David Faber sits down with Brookfield Asset Management CEO Bruce Flatt to talk about the company's business ahead of Investor Day and outlook for the economy.
Persons: Bruce Flatt CNBC's David Faber, Bruce Flatt Organizations: Brookfield, Brookfield Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrookfield CEO on renewable business, Inflation Reduction Act and economic outlookBruce Flatt, Brookfield Asset Management CEO, joins 'Squawk on the Street' to discuss the company, renewable business and Inflation Reduction Act.
Persons: Bruce Flatt Organizations: Brookfield, Brookfield Asset Management Locations: Brookfield
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrookfield CEO on economy: Growth slowing around the world but we focus on long-term businessesBruce Flatt, Brookfield Asset Management CEO, joins 'Squawk on the Street' to discuss Flatt's overall viewpoint on the economy, the story behind Brookfield's commercial real estate business and parting thoughts on the San Francisco market.
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