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    Brookfield Asset Management
    Financial Services, Asset Management

    Brookfield Asset Management

    "Global alternative asset manager with over $1 trillion in assets under management"

    Founded 1899 (predecessor); December 2022 (current entity) New York CEO: Connor Teskey
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    About

    Brookfield Asset Management Ltd. is a global alternative investment manager with over $1 trillion in assets under management as of 2025. The firm specializes in five core asset classes: infrastructure, renewable power and transition, real estate, private equity, and credit. It was spun off from Brookfield Corporation in December 2022 and is publicly traded on the NYSE under the ticker BAM. Brookfield Corporation retains a 73 percent controlling stake. The company moved its headquarters from Toronto to New York City in December 2024, reflecting a strategic shift toward deeper U.S. market integration.

    Brookfield's investment approach emphasizes real assets that generate stable, long-term cash flows. It typically takes controlling stakes in its portfolio companies and invests significant capital alongside its clients, often serving as the largest limited partner in its own funds. The firm has compounded shareholder returns at approximately 19 percent annually over the past two decades, outperforming the S&P 500's roughly 10 percent return.

    Led by CEO Connor Teskey since February 2026, Brookfield operates in over 30 countries with more than 700 investment professionals and approximately 30,000 operating employees. The firm's permanent capital base, 87 percent of fee-bearing capital is long-term or perpetual, gives it a distinct advantage in weathering market cycles and pursuing patient, value-oriented investments.

    Products & Sub-brands

    InfrastructureRenewable Power and TransitionReal EstatePrivate EquityCreditBrookfield Wealth SolutionsInsurance Solutions

    Frequently Asked Questions

    Who owns Brookfield Asset Management?
    Brookfield Asset Management Ltd. is a publicly traded company (NYSE: BAM) controlled by Brookfield Corporation (NYSE: BN, TSX: BN), which holds approximately 73 percent of the equity. Brookfield Corporation itself is publicly traded and widely held by institutional investors including pension funds and sovereign wealth funds.
    Who is the CEO of Brookfield Asset Management?
    Connor Teskey became CEO of Brookfield Asset Management in February 2026, succeeding Bruce Flatt who led the firm for over two decades. Teskey previously headed Brookfield's renewable power and transition business and was instrumental in building it into one of the world's largest clean energy platforms.
    How much is Brookfield Asset Management worth?
    Brookfield Asset Management Ltd. has a market capitalization of approximately $76.94 billion as of 2026. The parent company, Brookfield Corporation, has a market cap of roughly $104.8 billion. Brookfield Asset Management oversees over $1 trillion in assets under management globally.
    Brookfield Asset Management vs Blackstone: What's the difference?
    Both are among the world's largest alternative asset managers, but Brookfield focuses more on real assets like infrastructure, renewable energy, and real estate, while Blackstone has a broader private equity and credit platform. Brookfield operates with a more permanent capital base (87% long-term) and typically takes controlling stakes in assets.
    Is Brookfield Asset Management still in business?
    Yes, Brookfield Asset Management is very much in business and growing. As of 2025-2026, the firm manages over $1 trillion in assets, employs approximately 250,000 people globally, and continues to expand through major acquisitions like the $3.18 billion purchase of UK-based Just Group and strategic partnerships like the $5 billion Bloom Energy deal.

    Keywords

    alternative asset managementinfrastructurerenewable energyreal estateprivate equitycreditBrookfield CorporationBruce FlattConnor TeskeyNew YorkToronto

    Sources

    Company Info

    Founded
    1899 (predecessor); December 2022 (current entity)
    CEO
    Connor Teskey
    Headquarters
    New York
    Industry
    Financial Services, Asset Management
    Parent Company
    Brookfield Corporation
    Revenue
    4780000000
    Employees
    250000
    Assets Under Management
    $1 trillion (2025)
    Stock Ticker
    BAM (NYSE)
    Number of Employees
    250,000

    Official Website

    bam.brookfield.com/

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