Brookfield Asset Management

Brookfield Renewable Partners Amends Time for Conference Call and Webcast of 2020 Third Quarter Results

Tuesday, October 27, 2020 - 8:30pm

BROOKFIELD, News, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners announced today that it has changed the time of its 2020 third quarter results conference call from November 5 at 9:00 AM ET to November 4 at 9:00 AM ET.

Key Points: 
  • BROOKFIELD, News, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners announced today that it has changed the time of its 2020 third quarter results conference call from November 5 at 9:00 AM ET to November 4 at 9:00 AM ET.
  • For those who are unable to participate in the conference call, a taped rebroadcast will also be available until November 11, 2020.
  • Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately $550 billion of assets under management.

Altera Infrastructure Announces Third Quarter 2020 Earnings Results Conference Call

Monday, October 26, 2020 - 9:11pm

Accompanying Third Quarter 2020 Earnings Presentation will also be available at alterainfra.com in advance of the conference call start time.

Key Points: 
  • Accompanying Third Quarter 2020 Earnings Presentation will also be available at alterainfra.com in advance of the conference call start time.
  • Altera Infrastructure is a leading global energy infrastructure services partnership primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.
  • Affiliates of global asset manager Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) own 100 percent of Altera Infrastructures general partner.
  • Altera Infrastructures preferred units trade on the New York Stock Exchange under the symbols ALIN PRA, ALIN PRB and ALIN PRE, respectively.

Collection Sites Announces Agreement with Brookfield Properties to Launch Testing Sites at 73 Shopping Mall Locations Across the U.S.

Monday, October 26, 2020 - 11:30am

Collection Sites will lease 50 x 100 ft of space, for an initial 4-month term, in the parking lots of 75 shopping malls owned or managed by Brookfield Properties.

Key Points: 
  • Collection Sites will lease 50 x 100 ft of space, for an initial 4-month term, in the parking lots of 75 shopping malls owned or managed by Brookfield Properties.
  • With this agreement, effective October 14th, 2020, a network of pop-up COVID-19 testing sites will be rolled out across the United States.
  • The network of pop-up labs will be located across 73 Brookfield Properties shopping centers locations in 35 U.S. states, with California, Texas, and Arizona targeted initially.
  • Collection sites is setting up a series of COVID-19 testing sites across the United States with appointments and payments will be handled through the online portal www.testbeforeyougo.com .

Blackstone Real Estate Income Trust to Acquire Simply Self Storage for Approximately $1.2 Billion

Monday, October 26, 2020 - 10:30am

Blackstone Real Estate Income Trust, Inc. ("BREIT") today announced that BREIT has entered into a definitive agreement to acquire Simply Self Storage from a Brookfield Asset Management real estate fund for approximately $1.2 billion.

Key Points: 
  • Blackstone Real Estate Income Trust, Inc. ("BREIT") today announced that BREIT has entered into a definitive agreement to acquire Simply Self Storage from a Brookfield Asset Management real estate fund for approximately $1.2 billion.
  • Brookfield acquired Simply Self Storage in 2016 in one of its opportunistic real estate funds.
  • Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.
  • Blackstones real estate business was founded in 1991 and has approximately $167 billion in investor capital under management.

Brookfield Real Assets Income Fund Inc. Announces Portfolio Manager Update Webcast

Tuesday, October 20, 2020 - 9:27pm

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (PSG) will host a webcast for the Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the Fund) on Tuesday, October 27, 2020 at 4:30pm ET.

Key Points: 
  • NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (PSG) will host a webcast for the Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the Fund) on Tuesday, October 27, 2020 at 4:30pm ET.
  • Brookfield Public Securities Group LLC (PSG) is an SEC-registered investment adviser that represents the Public Securities platform of Brookfield Asset Management Inc., providing global listed real assets strategies including real estate equities, infrastructure equities, energy infrastructure equities, multi-strategy real asset solutions and real asset debt.
  • Brookfield Real Assets Income Fund Inc. is managed by Brookfield Public Securities Group LLC.
  • Brookfield Real Assets Income Fund Inc.

JCPenney Files Draft Asset Purchase Agreement

Tuesday, October 20, 2020 - 5:28pm

J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that it has filed a draft asset purchase agreement (APA), which tracks the terms of the previously announced letter of intent, to sell JCPenney.

Key Points: 
  • J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that it has filed a draft asset purchase agreement (APA), which tracks the terms of the previously announced letter of intent, to sell JCPenney.
  • Key terms of the draft APA are as follows:
    Brookfield Asset Management, Inc (Brookfield) and Simon Property Group (Simon) will acquire substantially all of JCPenneys retail and operating assets (OpCo) through a combination of cash and new term loan debt.
  • JCPenneys operating assets will then conduct business outside of the Chapter 11 process under the JCPenney banner with Simon and Brookfield as its owners.
  • As previously announced, JCPenney entered into a restructuring support agreement with lenders of its first lien debt to reduce the Companys outstanding indebtedness and strengthen its financial position.

Brookfield Announces Strategic Partnership with American Equity Life

Sunday, October 18, 2020 - 8:00pm

BROOKFIELD, NEWS, Oct. 18, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (NYSE: BAM, TSX: BAM.A) today announced a strategic partnership with American Equity Investment Life Holding Company (AEL) (NYSE: AEL), a leading retirement planning annuity provider.

Key Points: 
  • BROOKFIELD, NEWS, Oct. 18, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (NYSE: BAM, TSX: BAM.A) today announced a strategic partnership with American Equity Investment Life Holding Company (AEL) (NYSE: AEL), a leading retirement planning annuity provider.
  • Brookfield will receive one seat on American Equitys Board of Directors following the initial equity investment.
  • American Equity Investment Life Holding Company, through its wholly-owned subsidiaries, is a leading issuer of fixed index annuities through independent agents, banks and broker-dealers.
  • American Equity Investment Life Holding Company, a New York Stock Exchange listed company (NYSE: AEL), is headquartered in West Des Moines, Iowa.

American Equity Announces Strategic Partnership With Brookfield Asset Management to Accelerate AEL 2.0 Value-Creation Strategy

Sunday, October 18, 2020 - 8:00pm

American Equity will receive access to Brookfield investments in targeted asset classes as part of the strategic partnership.

Key Points: 
  • American Equity will receive access to Brookfield investments in targeted asset classes as part of the strategic partnership.
  • As part of this strategic partnership, Brookfield will acquire a 19.9% ownership interest in the common shares of American Equity.
  • Brookfield will also receive one seat on American Equitys Board of Directors following the initial equity investment.
  • We look forward to supporting American Equity in advancing its AEL 2.0 strategy which is well-positioned to create value for all stakeholders.

Center Coast Brookfield MLP & Energy Infrastructure Fund Announces Portfolio Manager Update Webcast

Tuesday, October 13, 2020 - 9:04pm

NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (PSG) will host a webcast for the Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE: CEN) (the Fund) on Tuesday, October 20, 2020 at 2:00pm ET.

Key Points: 
  • NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Brookfield Public Securities Group LLC (PSG) will host a webcast for the Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE: CEN) (the Fund) on Tuesday, October 20, 2020 at 2:00pm ET.
  • PSG will provide an update on the Fund and on general market conditions.
  • Center Coast Brookfield MLP & Energy Infrastructure Fund is managed by Brookfield Public Securities Group LLC.
  • The Fund uses its website as a channel of distribution of material information about the Fund.

Brookfield Asset Management 2020 Third Quarter Results Conference Call and Webcast

Tuesday, October 13, 2020 - 2:16pm

You are invited to participate in Brookfield Asset Managements 2020Third Quarter Conference Call & Webcast on Thursday, November 12, 2020 at 11:00a.m.

Key Points: 
  • You are invited to participate in Brookfield Asset Managements 2020Third Quarter Conference Call & Webcast on Thursday, November 12, 2020 at 11:00a.m.
  • The Conference Call will also be Webcast live on our website, where it will be archived for future reference.
  • Brookfield Asset Management is a leading global alternative asset manager with approximately US$550 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.
  • Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbols BAM and BAM.A, respectively.