Brookfield Asst Stock Price, News & Analysis

Brookfield Asset Management (NYSE: BAM, TSX: BAM) held its annual meeting of shareholders on May 5, 2025, in New York with a virtual attendance option. All 12 nominated directors were successfully elected to the board by holders of Class A and Class B Limited Voting Shares. The election results showed strong shareholder support, with most nominees receiving over 98% approval. Notable directors include Bruce Flatt who received 99.01% approval and Angela F. Braly who received the highest approval rate at 99.98%.

Brookfield Asset Management (BAM) has announced the pricing of its inaugural public offering of senior notes. The company will issue $750 million in senior notes due 2035, bearing an interest rate of 5.795% per annum. The offering is expected to close on April 24, 2025.

The net proceeds from the notes sale will be utilized for general corporate purposes. The notes are being offered under BAM's existing amended and restated base shelf prospectus filed in the United States and Canada, with the U.S. offering made pursuant to an effective registration statement on Form F-10.

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.