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BAM meaning in Business Management ?

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Answer: What is Brookfield Asset Management mean?

Brookfield Asset Management Inc. is one of the world’s largest alternative asset management company with US$626bn of AUM. It focuses on direct control investments in real estate, renewable power, infrastructure, credit and private equity. The Company invests in distressed securities through Oaktree Capital, which it bought in 2019. The firm also launched a reinsurance business in 2020. Brookfield’s headquarters is located in Toronto, and it also has corporate offices in New York City, London, São Paulo, Mumbai, Shanghai, Dubai, and Sydney.

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