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Brookfield Asset Management (BAM) delivers essential updates through this centralized news hub for investors tracking alternative asset management developments. Access verified press releases, strategic partnership announcements, and operational updates from one of the world's largest managers of renewable power and infrastructure assets.
This resource provides institutional-grade insights into BAM's global investments across real estate, private equity, and credit markets. Key updates include earnings reports, sustainability initiatives, and portfolio company developments, all critical for assessing long-term investment strategies in real assets.
Regular content features acquisition announcements, leadership updates, and market position analyses. Our curation emphasizes BAM's unique position at the intersection of essential services and alternative investments, particularly in renewable energy transitions and digital economy infrastructure.
Bookmark this page for streamlined access to BAM's evolving investment landscape. Combine strategic oversight with operational updates to inform your analysis of this global asset manager's market movements.
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Brookfield Asset Management (NYSE: BAM) announced that as of November 1, 2021, holders of 8,202 Series 8 Preferred Shares and 853,503 Series 9 Preferred Shares have opted to convert their shares into the other series. Post-conversion, there will be 3,321,486 Series 8 and 4,670,680 Series 9 Preferred Shares outstanding. Brookfield manages over US$625 billion in assets globally, focusing on real estate, infrastructure, renewable power, private equity, and credit.
BROOKFIELD, NEWS, Oct. 12, 2021 - Brookfield Asset Management (NYSE: BAM) has set the fixed dividend rate for its Class A Preference Shares, Series 9 at an annual rate of 2.75% ($0.171875 per share per quarter) for five years, starting November 1, 2021. This dividend is 218% of the interpolated yield based on Canadian government bonds. The first dividend will be paid on February 1, 2022. Shareholders can convert their Series 9 shares to Series 8 shares and vice versa until October 18, 2021. Brookfield manages over $625 billion in assets globally.
GrafTech International Ltd. (NYSE:EAF) is set to hold its Third Quarter 2021 Conference Call on November 5, 2021, at 10:00 a.m. EDT. The call will cover financial results for Q3 and the nine months ending September 30, 2021. Results will be released before market open on the same day and can be accessed on their investor relations website.
GrafTech produces high-quality graphite electrodes crucial for electric arc furnace steel production, benefiting from vertical integration into petroleum needle coke.
Brookfield Asset Management will host its third quarter 2021 conference call and webcast on November 11, 2021, at 9:30 a.m. (ET). Results will be available prior to the call at 7:00 a.m. (ET) on the company’s website. Participants can register for the conference call here for a direct connection, or join via webcast here.
The company manages over US$625 billion in assets across diverse sectors.
Brookfield Asset Management (BAM) and Elion Partners announced a $1 billion strategic partnership to enhance Brookfield's Real Estate Secondaries logistics portfolio. This involves the recapitalization of Elion Logistics Park 55 in Chicago, which includes five existing 100% leased Class A industrial assets totaling 4 million square feet and a potential for 15 million square feet of further development. The investment also includes an $80 million equity commitment to Elion's Fund V, which closed at $500 million.
GrafTech International Ltd. (NYSE:EAF) will have its President and CEO, David Rintoul, speak at the virtual 2021 RBC Capital Markets Global Industrials Conference on September 10, 2021, at 10:00 a.m. (EDT). The event will be available for live streaming from the company's Investor Relations webpage. An archived version will be accessible until September 9, 2022. GrafTech is a premier manufacturer of graphite electrode products, crucial for electric arc furnace steel production, and is notably vertically integrated into petroleum needle coke supply.
Brookfield Asset Management (NYSE: BAM) reported strong Q2 2021 financial results with $2.4 billion in net income, a significant turnaround from a loss of $1.5 billion in Q2 2020. Distributable earnings reached $1.2 billion, marking a 14% year-over-year increase. The company raised $24 billion in capital, including $9 billion for its flagship real estate fund and $7 billion for the Global Transition Fund. Fee-related earnings grew by 49%, while unrealized carried interest reached $6.2 billion. A quarterly dividend of $0.13 per share was declared, payable on September 29, 2021.
Brookfield Asset Management announced the closing of its Brookfield Global Transition Fund (BGTF) with an initial capital of US$7 billion, marking it as the largest fund aimed at a net-zero economy. The hard cap is set at US$12.5 billion. Founding partners include Ontario Teachers’ and Temasek, both committing significant capital. The Fund will leverage Brookfield’s expertise in renewable power to drive investments in decarbonization and sustainable solutions, aligning with the Paris Agreement to achieve net-zero emissions by 2050 or sooner.
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