Brookfield Corporation

Brookfield Corporation stands as a financial titan rooted in Canada, managing over one trillion dollars in assets through a strategy built on direct control rather than passive ownership. The firm channels capital from global public pension funds into tangible sectors like real estate, renewable power, infrastructure, credit, and private equity. Its portfolio includes distressed securities handled by Oaktree Capital, an entity acquired in 2019 to expand its reach within the debt market. While the parent company maintains its headquarters in Toronto, its primary operating arm, Brookfield Asset Management, moved its base to New York City in 2024. The modern entity emerged from a significant corporate restructuring in December 2022, when the organization split its asset management business from its core holding company. This move followed a long evolution starting with the 1997 merger of Edper and Brascan, which briefly operated under the name EdperBrascan before adopting the Brascan moniker in 2000. After rebranding again as Brookfield Asset Management in 2005, the parent company finally settled on Brookfield Corporation, trading under the symbol BN. By mid-2024, its subsidiary secured the 24th spot among the world's largest private equity firms according to Private Equity International. As of 2026, Forbes listed the corporation at number 224 on its Global 2000 ranking.[edit]