Brookfield Asset Management

Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

Retrieved on: 
Tuesday, June 14, 2022

Brookfield Renewable Corporation and Brookfield Renewable Partners L.P., together Brookfield Renewable, operate one of the worlds largest publicly traded, pure-play renewable power platforms.

Key Points: 
  • Brookfield Renewable Corporation and Brookfield Renewable Partners L.P., together Brookfield Renewable, operate one of the worlds largest publicly traded, pure-play renewable power platforms.
  • Our portfolio consists of hydroelectric, wind, solar and storage facilities inNorth America,South America,EuropeandAsia, and totals approximately 21,000 megawatts of installed capacity and an approximately 69,000-megawatt development pipeline.
  • 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 over$725 billionof assets under management.

Fundamental Income Acquires Tao Chicago; 126-Year-Old Historical Building

Retrieved on: 
Wednesday, May 25, 2022

Fundamental Income , a Phoenix- based net lease real estate platform, announces its acquisition of Tao Chicago a 34,000 square foot restaurant and nightclub leased to the Tao Group in River North.

Key Points: 
  • Fundamental Income , a Phoenix- based net lease real estate platform, announces its acquisition of Tao Chicago a 34,000 square foot restaurant and nightclub leased to the Tao Group in River North.
  • Fundamental Income acquired the property subject to a long-term lease to Tao Group.
  • On behalf of Sterling Bay, wed like to congratulate Alexi Panagiotakopoulos and the entire Fundamental Income Team on their acquisition of 632 N. Dearborn.
  • Fundamental Income Properties is a Phoenix-based net lease real estate platform backed by Brookfield Asset Management (NYSE: BAM) .

CrescoNet Announces Brookfield Investment

Retrieved on: 
Thursday, May 19, 2022

CrescoNet today announced that Brookfield has taken a stake in the company.

Key Points: 
  • CrescoNet today announced that Brookfield has taken a stake in the company.
  • The equity investment will be used to accelerate CrescoNets product and market expansion into North American water, gas, and electric utilities.
  • John Stafford, President for CrescoNet North America, commented: We value the Brookfield partnership and view it as clear confirmation of our strategy, execution, and market opportunity.
  • Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A, respectively.

CERTARUS APPOINTS NEW CFO

Retrieved on: 
Tuesday, May 24, 2022

CALGARY, AB, May 24, 2022 /PRNewswire/ -Certarus Ltd. ("Certarus" or the "Corporation") is pleased to announce the appointment of Ms. Robin Kooyman as Chief Financial Officer of the Corporation.

Key Points: 
  • CALGARY, AB, May 24, 2022 /PRNewswire/ -Certarus Ltd. ("Certarus" or the "Corporation") is pleased to announce the appointment of Ms. Robin Kooyman as Chief Financial Officer of the Corporation.
  • "We are very excited to have Robin join the Certarus team," said Curtis Philippon, President and CEO of Certarus.
  • Certarus safely delivers clean burning fuels to energy, utility, agricultural and industrial customers not connected to a pipeline.
  • By displacing more carbon intensive fuels, Certarus is leading the energy transition and helping customers lower operating costs and improve environmental performance.

THE LEELA PALACES, HOTELS AND RESORTS EMBARKS ON A JOURNEY OF HOLISTIC WELLBEING WITH 'AUJASYA BY THE LEELA'

Retrieved on: 
Monday, May 16, 2022

MUMBAI, India, May 16, 2022 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts today announced the launch of their signature wellness programme - Aujasya by The Leela aimed at redefining the road to holistic wellbeing. A unique blend inspired by traditional and modern practices, Aujasya by The Leela encompasses a collection of authentic experiences that build vivacity and promote the vigour of life, built around the 2Rs of Wellbeing – Restore (Food) and Renew (Mindfulness). Taking origin from the Sanskrit word, Aujasya - translated as beneficial to strengthening vitality or energy, this initiative will truly allow guests to embrace an enriching and healthy lifestyle.

Key Points: 
  • The brand has launched the first pillar, Restore (Food), in collaboration with renowned nutritionist and food consultant, Dr. Ankita Jalori.
  • The Leela has re-imagined culinary experiences across the country by improving the nutritional profile of food menus and offering healthy alternatives.
  • WithAujasya by The Leela,we are embarking on a lifelong commitment to holistic wellbeing.
  • The brand has a marketing alliance with US-based Preferred Hotels & Resorts and is a member of the Global Hotel Alliance.

THE LEELA PALACES, HOTELS AND RESORTS EMBARKS ON A JOURNEY OF HOLISTIC WELLBEING WITH 'AUJASYA BY THE LEELA'

Retrieved on: 
Monday, May 16, 2022

MUMBAI, India, May 16, 2022 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts today announced the launch of their signature wellness programme - Aujasya by The Leela aimed at redefining the road to holistic wellbeing. A unique blend inspired by traditional and modern practices, Aujasya by The Leela encompasses a collection of authentic experiences that build vivacity and promote the vigour of life, built around the 2Rs of Wellbeing – Restore (Food) and Renew (Mindfulness). Taking origin from the Sanskrit word, Aujasya - translated as beneficial to strengthening vitality or energy, this initiative will truly allow guests to embrace an enriching and healthy lifestyle.

Key Points: 
  • The brand has launched the first pillar, Restore (Food), in collaboration with renowned nutritionist and food consultant, Dr. Ankita Jalori.
  • The Leela has re-imagined culinary experiences across the country by improving the nutritional profile of food menus and offering healthy alternatives.
  • WithAujasya by The Leela,we are embarking on a lifelong commitment to holistic wellbeing.
  • The brand has a marketing alliance with US-based Preferred Hotels & Resorts and is a member of the Global Hotel Alliance.

As Digital-Transformation for HR Services Unfolds, The Gig Economy is Poised for Huge Growth in Years to Come

Retrieved on: 
Friday, May 13, 2022

 PALM BEACH, Fla., May 13, 2022 /PRNewswire/ -- In a recent Forbes Insights report: "Digital HR didn't just suddenly arrive at organizations' doorsteps. It has been a gradual journey, incorporating or automating various functions and capabilities over the course of the past two decades. As organizations transform to meet the realities and opportunities of today's global economy, "CEOs and HR leaders are focused on understanding and creating a shared culture, designing a work environment that engages people, and constructing a new model of leadership and career development," states the Global Human Capital Trends 2016 report from Deloitte. "In competition for skilled people, organizations are vying for top talent in a highly transparent job market and becoming laser-focused on their external employment brand. Executives are embracing digital technologies to reinvent the workplace, focusing on diversity and inclusion as a business strategy, and realizing that, without a strong learning culture, they will not succeed." As the world of technology advances, we also see significant changes in the way people use it to improve their lives. One such change is extremely evident in the way people relate to their workplace and their expectations from employers and collaborators everywhere. New technologies and better communications helped people everywhere during the pandemic, but it also taught them that there's a different way of earning a living. The so-called gig economy includes independent contractors, freelancers, entrepreneurs, influencers, YouTubers, and other professionals who prefer a flexible work schedule and a chance to better work-life balance. The gig economy is commonly defined as digital platforms that allow freelancers to connect with potential clients for short-term jobs, contracted work, or asset-sharing. A report from Statista projected that the gross volume of the gig economy is expected to reach 455.2 billion U.S. dollars in 2023. Another report from onrec, an industry insider for HR Directors, Personnel Managers, Job Boards and Recruiters, said that According to recent data, the gig economy grew by 33% in 2020, which meant it registered an 8.25x faster expansion than the US economy. As a result, around 34% of the US workers are now participants in this growth. Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ: PIXY), WeWork (NYSE: WE), Upwork Inc. (NASDAQ: UPWK), 51job, Inc. (NASDAQ: JOBS), Fiverr International Ltd. (NYSE: FVRR).

Key Points: 
  • A report from Statista projected that the gross volume of the gig economy is expected to reach 455.2 billion U.S. dollars in 2023.
  • As a result, around 34% of the US workers are now participants in this growth.
  • The lifestyle of a gig worker is flexible and mostly relaxed (if he/she has enough customers to pay the bills).
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

As Digital-Transformation for HR Services Unfolds, The Gig Economy is Poised for Huge Growth in Years to Come

Retrieved on: 
Friday, May 13, 2022

PALM BEACH, Fla., May 13, 2022 /PRNewswire/ -- In a recent Forbes Insights report: "Digital HR didn't just suddenly arrive at organizations' doorsteps. It has been a gradual journey, incorporating or automating various functions and capabilities over the course of the past two decades. As organizations transform to meet the realities and opportunities of today's global economy, "CEOs and HR leaders are focused on understanding and creating a shared culture, designing a work environment that engages people, and constructing a new model of leadership and career development," states the Global Human Capital Trends 2016 report from Deloitte. "In competition for skilled people, organizations are vying for top talent in a highly transparent job market and becoming laser-focused on their external employment brand. Executives are embracing digital technologies to reinvent the workplace, focusing on diversity and inclusion as a business strategy, and realizing that, without a strong learning culture, they will not succeed." As the world of technology advances, we also see significant changes in the way people use it to improve their lives. One such change is extremely evident in the way people relate to their workplace and their expectations from employers and collaborators everywhere. New technologies and better communications helped people everywhere during the pandemic, but it also taught them that there's a different way of earning a living. The so-called gig economy includes independent contractors, freelancers, entrepreneurs, influencers, YouTubers, and other professionals who prefer a flexible work schedule and a chance to better work-life balance. The gig economy is commonly defined as digital platforms that allow freelancers to connect with potential clients for short-term jobs, contracted work, or asset-sharing. A report from Statista projected that the gross volume of the gig economy is expected to reach 455.2 billion U.S. dollars in 2023. Another report from onrec, an industry insider for HR Directors, Personnel Managers, Job Boards and Recruiters, said that According to recent data, the gig economy grew by 33% in 2020, which meant it registered an 8.25x faster expansion than the US economy. As a result, around 34% of the US workers are now participants in this growth. Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ: PIXY), WeWork (NYSE: WE), Upwork Inc. (NASDAQ: UPWK), 51job, Inc. (NASDAQ: JOBS), Fiverr International Ltd. (NYSE: FVRR).

Key Points: 
  • A report from Statista projected that the gross volume of the gig economy is expected to reach 455.2 billion U.S. dollars in 2023.
  • As a result, around 34% of the US workers are now participants in this growth.
  • The lifestyle of a gig worker is flexible and mostly relaxed (if he/she has enough customers to pay the bills).
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

WATERMARK ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of BHVN and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, May 11, 2022

On May 6, 2022, Watermark announced that it had entered into an agreement to be acquired by Brookfield in a deal valued at approximately $3.8 billion.

Key Points: 
  • On May 6, 2022, Watermark announced that it had entered into an agreement to be acquired by Brookfield in a deal valued at approximately $3.8 billion.
  • Pursuant to the merger agreement, Watermark stockholders will receive $6.768 per Class A share and $6.699 per Class T share of Watermark common stock owned.
  • Bragar Eagel & Squire is concerned that Watermarks board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Brookfield Infrastructure Corporation Exchange Limited Partnership Announces Three-for-Two Unit Split

Retrieved on: 
Wednesday, May 4, 2022

BROOKFIELD, NEWS, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation Exchange Limited Partnership (BIPC Exchange LP), a subsidiary of Brookfield Infrastructure Partners L.P., today announced that, in connection with the announcement by Brookfield Infrastructure Corporation (BIPC) of a three-for-two split of its class A exchangeable subordinate voting shares, the board of directors of BIPC Exchange LP has approved a three-for-two unit split (the Unit Split) of the outstanding exchangeable units of BIPC Exchange LP (Exchangeable Units).

Key Points: 
  • BROOKFIELD, NEWS, May 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation Exchange Limited Partnership (BIPC Exchange LP), a subsidiary of Brookfield Infrastructure Partners L.P., today announced that, in connection with the announcement by Brookfield Infrastructure Corporation (BIPC) of a three-for-two split of its class A exchangeable subordinate voting shares, the board of directors of BIPC Exchange LP has approved a three-for-two unit split (the Unit Split) of the outstanding exchangeable units of BIPC Exchange LP (Exchangeable Units).
  • Any fractional Exchangeable Units to be issued to registered BIPC Exchange LP unitholders as a result of the Unit Split will be rounded to the nearest whole Exchangeable Unit, with each half unit being rounded to the next higher unit.
  • Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.
  • Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager withapproximately $725 billion of assets under management.