Brookfield and Castlelake Complete Strategic Partnership Transaction
BNBrookfield Corporation(BN) Prnewswire·2024-09-17 20:00

Brookfield Asset Management acquires 51% interest in Castlelake and Brookfield Wealth Solutions commits to invest in the firm's funds and strategies, total capital amounting to 1.5BNEWYORKandMINNEAPOLIS,Sept.17,2024/PRNewswire/−− BrookfieldAssetManagement(NYSE:BAM,TSX:BAM)("Brookfield")andCastlelakeL.P.("Castlelake"),aglobalalternativeinvestmentmanagerspecializinginasset−basedprivatecreditincludingaviationandspecialtyfinance,todayannouncedtheclosingofa1.5BNEW YORK and MINNEAPOLIS, Sept. 17, 2024 /PRNewswire/ -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") and Castlelake L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit including aviation and specialty finance, today announced the closing of a 1.5 billion s ...