Brookfield Asset Management

Brascan acquires Quebec-Li properties in the James Bay Region of Northern Quebec (Cree First Nation Eeyou Istchee James Bay)

Retrieved on: 
Tuesday, February 7, 2023

VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Brascan Gold Inc. (CSE: BRAS) (“Brascan” or the “Company”) and is pleased to announce acquisition of 3,020 hectares of new claims prospective for lithium in the James Bay (Cree First Nation Eeyou Istchee James Bay) region of northern Quebec.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Brascan Gold Inc. (CSE: BRAS) (“Brascan” or the “Company”) and is pleased to announce acquisition of 3,020 hectares of new claims prospective for lithium in the James Bay (Cree First Nation Eeyou Istchee James Bay) region of northern Quebec.
  • Brascan purchased a 100% interest in the Quebec-Li properties with no back-in rights or royalties.
  • The claims are located approximately 130 km east of Patriot Battery Metals’ Corvette Lithium Property, and 20 to 40 kms northeast of Winsome Resources’ Adina spodumene (lithium) pegmatite.
  • We are excited to take this significant step to position Brascan (CSE:BRAS) in the rapidly expanding lithium sector."

California Homebuilding Foundation Announces 2023 Hall of Fame Inductees

Retrieved on: 
Wednesday, January 18, 2023

The California Homebuilding Foundation today announced its 2023 Hall of Fame honorees, comprising of homebuilding professionals who have exemplified the Foundation’s mission of forging a bright future for the next generation of homebuilders.

Key Points: 
  • The California Homebuilding Foundation today announced its 2023 Hall of Fame honorees, comprising of homebuilding professionals who have exemplified the Foundation’s mission of forging a bright future for the next generation of homebuilders.
  • “The Foundation is proud to place five honorees into our Hall of Fame in 2023, each of whom represent a gold standard in the homebuilding industry for innovation, leadership and philanthropy,” said Terri Brunson, Executive Director of the California Homebuilding Foundation.
  • “We are excited to honor these individuals, whose names and work will be added to our esteemed list of California homebuilding professionals in our Hall of Fame.”
    Since 1985, the Foundation has annually honored outstanding individuals in the homebuilding industry through its Hall of Fame.
  • The 2023 Hall of Fame honorees are Adrian Foley (Brookfield Properties), Michael Maples and Gregg Nelson (Trumark Homes), Leonard Miller (BrightSky Residential) and John Shea (J.F.

Centerview Partners Welcomes Fabio Gallia as Senior Advisor

Retrieved on: 
Wednesday, January 18, 2023

Centerview Partners, a leading independent investment banking advisory firm, announced today that Fabio Gallia has joined the firm as a Senior Advisor based in Paris.

Key Points: 
  • Centerview Partners, a leading independent investment banking advisory firm, announced today that Fabio Gallia has joined the firm as a Senior Advisor based in Paris.
  • Most recently, Gallia served as General Manager of Fincantieri, the world’s leading shipbuilding company with €7 billion of revenue and approximately 20,000 employees.
  • Gallia was senior advisor in Italy for Brookfield Asset Management (NYSE: BAM) and was on the firm’s Board of European Business Heads.
  • Gallia has also served in senior leadership roles at Capitalia Group and Ersel Asset Management.

EQS-News: DWS 2022: Solid Results and Increasing Management Fees in Extraordinarily Challenging Environment

Retrieved on: 
Thursday, February 2, 2023

Despite adverse market developments, DWS was able to generate revenues virtually at the level of the previous record year while maintaining a strict cost management.

Key Points: 
  • Despite adverse market developments, DWS was able to generate revenues virtually at the level of the previous record year while maintaining a strict cost management.
  • Despite the adverse environment, DWS achieved solid financial results in 2022.
  • The DWS Executive Board will propose an attractive and competitive dividend of EUR 2.05 per share for the 2022 financial year.
  • Thanks to strict cost management, DWS’ adjusted cost base rose only slightly by 3 percent y-o-y despite investments into growth and inflation pressure.

Brookfield Asset Management Announces Establishment of Normal Course Issuer Bid

Retrieved on: 
Monday, January 9, 2023

BROOKFIELD, NEWS, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Brookfield Asset Management of its intention to commence a normal course issuer bid to purchase up to 31,785,036 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management’s outstanding Class A Shares.

Key Points: 
  • BROOKFIELD, NEWS, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Brookfield Asset Management of its intention to commence a normal course issuer bid to purchase up to 31,785,036 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management’s outstanding Class A Shares.
  • The period of the normal course issuer bid will extend from January 11, 2023 to January 10, 2024, or an earlier date should Brookfield Asset Management complete its purchases.
  • Brookfield Asset Management believes that, in such circumstances, the outstanding Class A Shares represent an attractive investment for Brookfield Asset Management, since a portion of its excess cash generated on an annual basis can be invested for an attractive risk adjusted return through the issuer bid.
  • Brookfield Asset Management also announced that it has entered into an automatic purchase plan in relation to the normal course issuer bid.

Brookfield Business Partners L.P. 2022 Fourth Quarter Conference Call and Webcast for Investors and Analysts

Retrieved on: 
Friday, December 23, 2022

BROOKFIELD NEWS, Dec. 23, 2022 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners’ 2022 Fourth Quarter Conference Call & Webcast on Friday, February 3, 2023 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.

Key Points: 
  • BROOKFIELD NEWS, Dec. 23, 2022 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners’ 2022 Fourth Quarter Conference Call & Webcast on Friday, February 3, 2023 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.
  • Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position.
  • Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership, or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation.
  • Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group.

Australia Data Center Market Investment Analysis Report 2022-2027: Focus on Sydney, Melbourne, Perth, Brisbane, Adelaide, Canberra, & Darwin - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 22, 2022

The Australia data center market is significantly growing, aided by government initiatives, expanding connectivity, technology innovations, adoption of HPC technologies, growing cloud presence, and increasing data center investments.

Key Points: 
  • The Australia data center market is significantly growing, aided by government initiatives, expanding connectivity, technology innovations, adoption of HPC technologies, growing cloud presence, and increasing data center investments.
  • The Australia data center market is rapidly growing with significant investments from local and global data center operators.
  • The Australia data center market has the presence of both local and global data center investors.
  • A detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the Australia data center market size during the forecast period.

Australia Data Center Market Investment Analysis Report 2022-2027: Growth Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

Retrieved on: 
Thursday, December 29, 2022

DUBLIN, Dec. 29, 2022 /PRNewswire/ -- The "Australia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 29, 2022 /PRNewswire/ -- The "Australia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The Australia data center market is significantly growing, aided by government initiatives, expanding connectivity, technology innovations, adoption of HPC technologies, growing cloud presence, and increasing data center investments.
  • The Australia data center market is rapidly growing with significant investments from local and global data center operators.
  • The Australia data center market has the presence of both local and global data center investors.

Brookfield Reinsurance successfully completes Special Distribution

Retrieved on: 
Friday, December 9, 2022

BROOKFIELD, NEWS, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BAMR) (“Brookfield Reinsurance” or the “Company”) today announced that it has completed the previously announced special distribution (the “Special Distribution”) of shares of Brookfield Asset Management Ltd. (the “Manager shares”) to the holders of our Company’s class A exchangeable limited voting shares (“class A exchangeable shares”) and class B limited voting shares.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BAMR) (“Brookfield Reinsurance” or the “Company”) today announced that it has completed the previously announced special distribution (the “Special Distribution”) of shares of Brookfield Asset Management Ltd. (the “Manager shares”) to the holders of our Company’s class A exchangeable limited voting shares (“class A exchangeable shares”) and class B limited voting shares.
  • The corporate name change to Brookfield Reinsurance Ltd. does not affect the rights of Brookfield Reinsurance’s shareholders and no action is required by shareholders with respect to the name change.
  • Brookfield Reinsurance Ltd. (NYSE, TSX: BNRE) operates a leading financial services business providing capital-based solutions to the insurance industry.
  • Each class A exchangeable limited voting share of Brookfield Reinsurance is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (formerly Brookfield Asset Management Inc.) (NYSE, TSX: BN).

Merex Investment Introduces J1 Beach – An Internationally-Renowned Beach Resort as Part of La Mer South Redevelopment

Retrieved on: 
Tuesday, December 13, 2022

Asset management firm Merex Investment has announced a redevelopment of La Mer South, which will be named J1 Beach, with the addition of three brand new seaside experiences Gigi Rigolatto, Boli and Sirene Beach by Gaia and 10 upscale restaurants that visitors can enjoy from sunrise to sunset.

Key Points: 
  • Asset management firm Merex Investment has announced a redevelopment of La Mer South, which will be named J1 Beach, with the addition of three brand new seaside experiences Gigi Rigolatto, Boli and Sirene Beach by Gaia and 10 upscale restaurants that visitors can enjoy from sunrise to sunset.
  • The new restaurants for the J1 Beach development will make their debut in the UAE and will be completely licensed with day-to-night trade.
  • The three new additions to J1 Beach will support the growth of local and global partners through the delivery of holistic, convenient and diverse lifestyle assets.
  • Merex Investment is firmly established as a partner of choice for local entrepreneurs as well as regional and global businesses.