Brookfield Asst - BAM STOCK NEWS

Brookfield Asset Management (NYSE: BAM), a leading global alternative asset manager with over $1 trillion in assets under management, has announced the appointment of Alper Daglioglu to lead its newly formed Investment Solutions Group (ISG). The group will focus on providing multi-asset portfolio solutions to institutional, private wealth, and family office clients globally.

Howard Marks, Co-Chairman of Oaktree Capital Management, will serve as Chair of ISG. The group will leverage Brookfield's investment capabilities across renewable power, infrastructure, private equity, real estate, and credit, along with strategies from partner firms including Oaktree, Castlelake, Primary Wave, and Pinegrove Capital Partners.

Daglioglu joins Brookfield after spending over two decades at Morgan Stanley, where he most recently served as Head of Portfolio and Investment Manager Solutions.

Brookfield Asset Management (NYSE: BAM, TSX: BAM), a leading global alternative asset manager with over $1 trillion of assets under management, has announced its first quarter 2025 earnings conference call schedule. The company will release its Q1 2025 results on Tuesday, May 6, 2025, before 7:00 a.m. ET, followed by a conference call and webcast at 11:00 a.m. ET.

The company specializes in managing alternative investments across various sectors including renewable power and transition, infrastructure, private equity, real estate, and credit. Their investment focus centers on real assets and essential service businesses that support the global economy, serving diverse clients including pension plans, endowments, sovereign wealth funds, and private investors.

Brookfield Asset Management (BAM) has announced an agreement to acquire a majority stake in Angel Oak Companies, integrating the firm into Brookfield's $317 billion credit business. Angel Oak, founded in 2008, manages over $18 billion in assets and specializes in U.S. non-agency residential mortgages through its integrated platform.

Angel Oak has demonstrated significant success, having originated more than $30 billion in residential mortgage loans and issued over 60 securitizations. The company combines its wholesale mortgage originator, Angel Oak Mortgage Solutions, with its asset management arm, Angel Oak Capital Advisors.

Under the partnership, Angel Oak will maintain operational independence, with current Co-CEOs Sreeni Prabhu and Mike Fierman continuing their leadership roles. The strategic alliance aims to accelerate growth in serving underserved borrower segments while expanding institutional investor relationships.

Brookfield Renewable Holdings SAS has announced the implementation of a squeeze-out procedure for Neoen SA shares and convertible bonds following a simplified tender offer. After the offer period (Feb 13 - Mar 13, 2025), Brookfield held 97.73% of Neoen's share capital and voting rights, along with 100% of 2020 OCEANEs and 95.76% of 2022 OCEANEs.

The squeeze-out will be executed on April 4, 2025, at €39.85 per share and €103,562.50 per 2022 OCEANE. The procedure will cover 3,676,935 remaining shares (2.27% of capital) and 27 outstanding 2022 OCEANEs. Trading of Neoen shares and OCEANEs remains suspended until the squeeze-out completion, after which they will be delisted from Euronext Paris and Euronext Access respectively.

Brookfield Asset Management has successfully completed its tender offer for Neoen, a leading renewable energy producer. Following the offer period from February 13 to March 13, 2025, Brookfield Renewable Holdings and its partners will hold 158,568,130 shares, representing 97.73% of Neoen's share capital and voting rights.

The acquisition also includes 100% of remaining OCEANEs 2020 convertible bonds and 95.76% of OCEANEs 2022. Given these conditions, Brookfield will initiate a squeeze-out procedure for the remaining shares at €39.85 per share and €103,562.50 per OCEANE 2022 bond.

Neoen, founded in 2008, operates nearly 200 renewable energy assets across four continents, with 8.9 GW capacity in operation or under construction. The company aims to reach 10 GW capacity during 2025. Trading of Neoen's shares and OCEANEs has been suspended pending the squeeze-out implementation, with settlement-delivery scheduled for March 24, 2025.

Brookfield Asset Management (NYSE: BAM, TSX: BAM), a leading global alternative asset manager with over $1 trillion of assets under management, has announced the completion of its 2024 annual report filing on Form 10-K with the Securities and Exchange Commission (SEC). This marks the company's first Form 10-K filing on EDGAR.

The company will continue to file quarterly reports on Form 10-Q and current reports on Form 8-K with the SEC. The Form 10-K has also been filed with Canadian securities authorities on SEDAR+ and is accessible through BAM's website. Shareholders can request physical copies of the report at no cost.

Walker & Dunlop has arranged a $176 million credit facility for seven single-family rental communities in the Atlanta, Georgia MSA. The portfolio encompasses 709 homes with 1.4 million rentable square feet across prime suburban locations including McDonough, Loganville, Cartersville, Hoschton, Dallas, and Jefferson.

The properties, situated within 30-55 miles from Atlanta's central business district, feature 3-, 4-, and 5-bedroom homes with premium amenities. The financing was secured through Brookfield Asset Management's Real Estate Credit group on behalf of institutional investors advised by J.P. Morgan Asset Management.

The deal highlights the growing demand for single-family rental properties in Atlanta's suburbs, driven by population growth, job creation, and a robust local economy. Walker & Dunlop's Capital Markets group has demonstrated significant activity, sourcing over $16 billion in non-Agency capital provider transactions in 2024.

Brookfield Asset Management (BAM), a global alternative asset manager with over $1 trillion AUM, has successfully closed its inaugural Brookfield Infrastructure Structured Solutions Fund (BISS) with approximately $1 billion in capital commitments.

The middle-market infrastructure fund aims to deploy Brookfield's capabilities in global infrastructure assets, partnering with sponsors, developers, and corporates. The fund will invest in both structured and common equity, focusing on sectors where Brookfield has established operations. Initial investments include Strategic Venue Partners and Origis Energy.

Notably, Brookfield affiliated entities contributed $150 million to the committed capital. With a significant portion already committed and a strong pipeline, Brookfield expects substantial growth in the Infrastructure Structured Solutions strategy. The fund targets sectors driven by decarbonization, digitalization, and deglobalization trends.

Strategic Venue Partners (SVP), a leading in-building wireless infrastructure provider, has completed a $120 million debt private placement through 4(a)2 notes with investment grade rating - the first long-term financing of its kind in the industry for an in-building wireless (IBW) portfolio.

The company, which operates under a wireless connectivity-as-a-service model, will use the proceeds to refinance existing wireless infrastructure across various locations. SVP has simultaneously refinanced its credit facility to support additional development projects.

The transaction follows a successful twelve-month period of customer expansion and infrastructure growth. Brookfield Asset Management (BAM), which manages over $1 trillion in assets, recently became a minority equity investor in SVP, while Tiger Infrastructure Partners maintains a controlling stake.