Canadian Asset Giant Brookfield Pours Record $12 Billion Into European Deals
- Firm has seen Europe AUM grow more than 20-fold in last decade
- Brookfield wants to establish outposts in Germany, France
Brookfield is making plans to buy in sectors ranging from clean energy to technology.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Brookfield Asset Management Inc. is heading into Europe’s swelling market storm with its checkbook open.
As many of its rivals refrain from committing capital to the region amid an ever-growing list of risk factors, the $725 billion Canadian investment giant is making plans to buy in sectors ranging from clean energy to technology, open new offices and raise fresh money.