Full-Time
Updated on 9/3/2026
Global investment firm managing long-term wealth
$90k - $110k/yr
Toronto, ON, Canada
In Person
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Brookfield is a global investment firm that pools capital from institutions and individuals to help them build long-term wealth. It invests across renewable power, infrastructure, real estate, private equity, and credit, typically deploying its own capital alongside partners. As owner-operators, it uses hands-on operational expertise to grow the businesses it owns. Its goal is to deliver durable, steady returns by focusing on high-quality assets and aligning interests with clients.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$69B
Headquarters
New York City, New York
Founded
1924
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Naver, Brookfield accelerate $9b AI factory in Korea. Naver, a South Korea-based internet and technology company, and Brookfield Asset Management, an asset manager, said that they were speeding up work on a 1-gigawatt AI factory. Brookfield agreed to invest up to US$9 billion in the initial 200-megawatt phase at Naver's Gak Sejong data center in Sejong City. Naver said it is working with Nvidia on the first phase, which was expanded from an original plan of 55 megawatts plan. The project is expected to use about 100,000 Nvidia graphics processing units based on the Vera Rubin and Blackwell platforms. Brookfield said it would also support equipment procurement and customer acquisition. Gak Sejong is Naver's hyperscale data center in Sejong City and part of a 270-megawatt campus that opened in November 2023. Recent Naver developments. Stay updated on the go with our mobile app. Get latest insights with smoother, more personalized experience through TIA mobile app. How would you feel if you could no longer use Tech in Asia? Share, tag us, and land on our Wall of!
HSBC joins PEs in race for Nuvama Wealth. , ET Bureau Last Updated: Sep 01, 2026, 05:30:00 AM IST Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the business after a year's gap. Non-binding bids also in from 6 funds for 54% worth $1.8 billion. Two more strategics expected to join. Mumbai: Europe's largest lender HSBC is competing with global private equity buyout groups to acquire Nuvama Wealth and Investment Ltd, said people in the know. Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the business after a year's gap. HSBC is competing with at least half a dozen PE competitors including Brookfield, Warburg Pincus, EQT, CVC Capital, Permira, Chrys Capital and General Atlantic (GA) for the asset, said the people cited above. Investors are queuing up to tap into India's growing appetite for investment and spending, joining an increasingly competitive field. You May Like At least two more strategic players are expected to join the fray this week after the aforementioned entities submitted non-binding offers last week in what's turning out to be a rerun of events in 2025. A run-in with the Securities & Exchange Board of India impacted Nuvama's stock price last August. Volatility in scrip. This involved Jane Street, one of its key clients in the capital markets custodian business, and the regulatory cloud eventually tripped up the sale process. PAG relaunched the divestment of Nuvama, formerly Edelweiss Wealth Management, last month, reappointing advisors Morgan Stanley and JP Morgan. At its current market value of Rs 32,116 crore, PAG's 53.98% stake-held via Pagac Ecstasy Pte Ltd (53.12%) and Asia Pragati Strategic Investment Fund-is worth Rs 17,336 crore ($1.8 billion). The transaction will also trigger an open offer for an additional 26% of the company. Nuvama's shares have been volatile over the past year. On a split-adjusted basis, the stock rose from around Rs 1,200 in late August 2025 to about Rs 1,805 by August 28 this year, a gain of about 50%. After trading in the Rs 1,100-1,500 range, it rallied in April, hitting a 52-week high of Rs 2,067 in July. It closed Monday at Rs 1,753, down 2.9% from Friday's close. Last November, the company announced a 1:5 stock split that saw the face value revised to Rs 2 from Rs 10, while the authorized share capital remained unchanged at Rs 799.54 crore. PAG invested $325 million to acquire a majority stake in Edelweiss Wealth Management in March 2021 with the firm getting listed in 2023. Industry observers said the large cheque size for a listed company buyout is likely to nudge contenders to form consortiums. Both Chrys Capital and EQT for example had teamed up to buy Credilla, the education loan business of HDFC Ltd. Some candidates are also open to carving out certain pieces of the business-wealth and capital markets-instead of picking up all the multiple pieces that also include verticals such as asset services (clearing and custody), capital markets including institutional equities (IE) and investment banking (IB), and asset management. General Atlantic, Brookfield, EQT, HSBC and Permira declined to comment. Warburg Pincus, ChrysCapital and CVC Capital didn't respond to queries. PAG remained unreachable. Wealth effect. "So far, most of the candidates are common from last time except a few," said an executive whose company is in the fray. "But it's an expensive buy even after its stock split. Since last September, the stock price is up 37.21%. Even though the Jane Street issue has been dealt with and the company has derisked client concentration, the hypercompetitive landscape of wealth management will weigh in." Nuvama's wealth management segment has become its mainstay with client assets growing to Rs 5.36 lakh crore as of June 30. The group largely caters to affluent and high-networth individuals (HNIs), ultra HNIs (UHNIs), family offices and institutional clients, with products covering investment advisory and management, estate planning, lending and broking services. The asset services business, the second largest portfolio for the group at 30%, was pegged at Rs 1.59 lakh crore as of June 30. Three-fourths of these were assets under custody with the rest under clearing. It is also a prominent player in the institutional equities and investment banking businesses with a leading position in public debt issuances. However, the asset management business is at a relatively nascent stage, comprising alternate investment funds (AIFs) and portfolio management schemes (PMS). This business had an AUM of about Rs 13,261 crore as of June 30-up 12% from a year ago. Robust growth. "The wealth management business continues to see robust flows in the recurring revenue-earning segment," said Prayesh Jain, analyst at Motilal Oswal, earlier this month, following first-quarter results. India represents a significant long-term opportunity for wealth managers as rapid economic growth, rising incomes, entrepreneurship and financialisation of savings create a larger pool of investable wealth. Long seen as the number one player in Hong Kong, HSBC is keen to project its private banking brand into mainland China and neighbouring Asian countries to attract young entrepreneurs and wealthy clients. Most bulge-bracket PE funds - Blackstone, Bain, Carlyle, Advent, and KKR - have written large cheques to back companies in this space. General Atlantic was a major investor in 360 One WAM Ltd (formerly IIFL Wealth Management), a key competitor of Nuvama Wealth, owning a minority 21.6% stake before exiting in 2023. Last year, 360 One acquired UBS's onshore Indian wealth management business in a deal that also saw the Swiss financial giant take a minority 5% stake in the firm. According to a recent PwC report, India's asset and wealth management industry is projected to reach $1.7 trillion in assets under management by 2030, implying a compound annual growth rate of 11.6% since 2024.
Investments by PE/VC funds jump to $4.1 billion in July: Report. Representative image for private equity and venture capital funds' investments Private equity and venture capital funds' investments in India increased 3 per cent year-on-year to USD 4.1 billion in July, as per a report released on Monday. The investments were up from USD 4 billion recorded in July last year, and 52 per cent higher than USD 2.7 billion invested in the preceding month, the report by the consultant EY and industry grouping IVCA said. The number of deals in July 2026 at 111 was 7 per cent lower than the 119 transactions in July 2025, indicating a jump in ticket sizes, and were much higher than the 80 deals in June 2026, the report said. "India's macroeconomic fundamentals remain supportive of investment activity. With significant dry powder available across PE/VC (Private equity and venture capital) funds, deal-making is expected to accelerate further as geopolitical conditions stabilise," the consultancy firm's partner Vivek Soni said. July 2026 recorded 10 large deals totaling USD 2.8 billion or around 68 per cent of the total activity, it said, adding that Brookfield's USD 600 million bet in Lumara was the highest. Buyout investments accounted for the largest share of PE/VC activity in July 2026, with USD 1.4 billion deployed, which was a 176 per cent jump from the USD 511 million in July 2025 while credit investments ranked second, witnessing over USD 880 million getting invested. Investments into startups jumped 90 per cent on-year to USD 805 million in July 2026, the report noted. From a sectoral perspective, infrastructure led with USD 1.5 billion in investments, followed by financial services at USD 649 million and food and agriculture with USD 335 million, as per the report. There were 17 exits worth USD 1.6 billion compared to USD 9.2 billion across 26 exits in July 2025, the report said, reminding that the year-ago period saw Temasek's USD 6.4 billion exit from Schneider Electric. PE and VC funds raised USD 2.5 billion across eight fund raises in July as against USD 1.5 billion in the year-ago period. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
This Canadian dividend stock is down 15%: i'm holding forever. Brookfield stock has pulled back, but distributable earnings are up 15% a year. Here's why this Canadian dividend stock stays in my portfolio. Published August 25, 9:30 pm EDT [You're reading a Fool.ca free article. Go to your Premium Motley Fool experience to see member-only content.] Key Points * Brookfield generated $6 billion in distributable earnings over the past year and returned $1.5 billion to shareholders through buybacks and dividends. * Management is targeting more than 20% annual earnings growth through 2030, with distributable earnings per share expected to nearly triple from $2.54 to $6.95. * Shareholders just approved combining Brookfield Corporation with Brookfield Wealth Solutions, a move designed to simplify the structure and open the door to broader index inclusion. Long-term Canadian investors should consider buying quality dividend stocks on every major dip. One such TSX dividend stock is Brookfield Corp (TSX:BN), down more than 15% from its all-time highs. Here is why long-term Canadian dividend investors should pay attention. The bull case of investing in this TSX dividend stock. Brookfield is a global investment firm built around three core businesses: asset management, wealth solutions, and operating businesses in real estate, infrastructure, and renewable power. Valued at a market cap of $128 billion, Brookfield is among the largest companies in Canada. Despite the ongoing pullback, the TSX stock has returned more than 300% to shareholders in the past decade. Tired of guessing which stocks to buy? When its analyst team has a stock tip, it can pay to listen. After all, Stock Advisor Canada's total average return is 98% - a market-crushing outperformance compared to 88% for the S&P/TSX Composite Index. They revealed what they believe are 10 stocks for investors to buy right now, available when you join Stock Advisor Canada. * Returns as of July 30th, 2026 Over the last 12 months, Brookfield generated US$5.7 billion in distributable earnings. Its asset management arm raised US$108 billion of new capital, pushing fee-bearing capital up to US$672 billion. Its wealth solutions business, which includes insurance, grew total insurance assets to $190 billion after integrating the recently completed acquisition of Just Group in the U.K. Over the past year, Brookfield returned $1.5 billion to shareholders, split between $900 million in opportunistic share buybacks and $600 million in dividends. The company also completed $170 billion of financing across its businesses, which indicates how easily it can access capital even in a choppy market. The track record behind this top dividend stock. Distributable earnings per share sit at US$2.54, up from US$1.29 five years ago. Comparatively, the annual dividend per share is around $0.28, indicating a payout ratio of around 15%. Thus, Brookfield can easily double its dividend and still have enough cash to reinvest in growth and acquisitions. Brookfield has increased distributable EPS by 15% annually in the last five years. On the July call, Brookfield President and Chief Financial Officer Nicholas Goodman told shareholders the company is "exceptionally well positioned to continue scaling our earnings at more than 20% annually over the next 5 years," pointing to US$2.54 per share growing to US$5.85 per share by 2030 from the core business alone, and US$6.95 per share once capital allocation is factored in. Given the 15% payout ratio, BN could increase its annual dividend to more than US$1 per share by 2030, which should increase the yield-at-cost to 2.5%. Brookfield ended Q2 with a strong balance sheet, which carries an A- credit rating and US$188 billion of deployable capital. Brookfield also just cleared a major structural milestone. Shareholders approved a transaction to combine Brookfield Corporation with Brookfield Wealth Solutions under a single publicly traded company. Management framed this as a move to simplify the corporate structure, give the insurance business direct access to Brookfield's permanent capital base, and open a path toward broader index inclusion over time. The deal is expected to close in late 2026, pending court approval and other customary conditions. What this means for your dividend portfolio. None of this guarantees the stock will not fall further in the short term. But when I weigh a temporary price drop against a business compounding distributable earnings at double-digit rates, growing its capital base, and simplifying its structure to unlock more value, I know which side of that trade I want to be on. Since 1995, the company says its shareholders have earned an 18% annualized compound return, compared to roughly 11% for the S&P 500 over the same stretch. For Canadian dividend investors building a portfolio meant to last decades, a dip in a well-run compounder like Brookfield can be a massive buying opportunity.
Rockpoint, Urby land $277M financing for big Jersey City project. Truist provided debt backing 748-unit development on waterfront Rockpoint and Urby wasted no time securing construction financing for a Jersey City project weeks after acquiring the waterfront site. A joint venture between the two developers landed $277 million in debt from Truist for the project at 201 Hudson Street in the city's Paulus Hook neighborhood, the Commercial Observer reported. The loan will support the second phase of the 201 Hudson - by Urby development. "This financing reflects Truist's continued commitment to supporting premier sponsors pursuing transformative multifamily developments in high-growth urban markets," Truist executive Rebecca Cox said in a statement. A Newmark team including Jordan Roeschlaub, Chris Kramer and Holden Witkoff arranged the debt. Rockpoint and Urby did not return requests for comment from the publication. Boston-based Rockpoint and local developer Urby formed their joint venture last month, teaming up to acquire the site from Brookfield for an undisclosed price. The project will include 748 market-rate units, 102 parking spaces, 10,000 square feet of retail space and a range of amenities. The property is close to the local PATH stations, the NJ Transit line and the ferry, meaning residents will be able to quickly get into Manhattan. The development is expected to take three years to complete. Urby already has one building complete as part of a larger three-building development, according to Rockpoint chief operating officer Dan Domb. The third building doesn't include Rockpoint's involvement. Rockpoint's other activity in Jersey City includes the acquisition of Embankment House in 2023 and the purchase of Morgan Provost Square on the waterfront last year. There's no shortage of capital floating around Jersey City's booming multifamily market. Two weeks ago, Spitzer Enterprises and partner Arden Group secured $109.5 million in financing from Northwestern Mutual for their 390-unit multifamily development at 425 Summit Avenue in Jersey City's Journal Square neighborhood. The 27-story property, which features amenities such as a fitness center, coworking lounge, golf simulator and pet spa, is 98 percent leased.