Brookfield Overview BF3067 BF_Private_Fund_Overview_v3 10/19/16 page A
brookfield.com
Private Funds OVERVIEW
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“We remain committed to putting the capital entrusted to us to work in high-quality assets that earn a solid cash return on equity, while emphasizing downside protection.” – Bruce Flatt, CEO, Brookfield
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A GLOBAL LEADER
in
Alternatives
Brookfield is a global alternative asset manager with 115 years of experience owning, operating and investing in real assets. Our private funds provide institutional investors with access to this considerable expertise and a broad range of investment opportunities.
250B
~$
UNDER MANAGEMENT GLOBALLY
55,000
OPERATING EMPLOYEES 1
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700
INVESTMENT PROFESSIONALS 1
30+
COUNTRIES
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Our Private
Funds
We offer institutional investors a range of private fund investment opportunities across the risk-return spectrum, focused on real estate, infrastructure and private equity. We foster alignment of interest with our investors by investing alongside them: over 30% of the capital under management across our private funds is our own and we are typically the largest investor. Our goal is simple: to generate growth and attractive long-term risk-adjusted returns for our investors, all while providing the highest level of service.
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Real Estate We are one of the largest owners, developers and operators of real estate globally, providing institutional investors with diversified exposure to some of the world’s most dynamic and resilient markets. We have built a compelling global property portfolio that is significant in scale, positioning us well to capitalize on large investment opportunities. Our collaborative and disciplined approach to investing has been successful through ever-changing market cycles.
SEC TORS
Office
Hospitality
Retail
Alternative Real Estate
Multifamily Industrial
PRIVATE FUND STR ATEGIES
Global Opportunistic Real Estate U.S. Multifamily Value-Add Real Estate U.S. Open-End Core-Plus Real Estate U.S. Real Estate Debt
TOP LEFT: CANARY WHARF, LONDON, UK; TOP RIGHT: POTSDAMER PLATZ, BERLIN, GERMANY BOTTOM: BROOKFIELD PLACE TORONTO, CANADA
$146B ASSETS UNDER MANAGEMENT 2
400M
>
SQUARE FEET GLOBALLY
1,300
~
PROPERTIES UNDER MANAGEMENT
70M
~
SQUARE FEET OF DEVELOPMENT POTENTIAL
brook fi el d pr i vat e f u n ds
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Infrastructure We are one of the largest private sector investors, owners and operators of infrastructure assets globally across the transportation, renewable power, utilities, energy and sustainable resources sectors. Our portfolio provides diversified exposure to scarce, high-quality businesses that have significant barriers to entry. We are recognized for our ability to invest capital throughout business cycles, execute multifaceted transactions and enhance value. Our long-term objective is to generate steady and growing returns for our investors.
SEC TORS
Transportation
Energy
Renewable Power
Sustainable Resources
Utilities
PRIVATE FUND STR ATEGIES
Global Infrastructure Sustainable Resources Infrastructure Debt
TOP: HIGH FALLS HYDROELECTRIC FACILITY, QUEBEC, CANADA; BOTTOM LEFT: VLI RAIL, BRAZIL; BOTTOM RIGHT: DBCT, QUEENSLAND, AUSTRALIA
$61B ASSETS UNDER MANAGEMENT 2
4
160
>
DEDICATED PROFESSIONALS 1
13,000
~
OPERATING EMPLOYEES 1
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Private Equity We are a leading private equity investor focused on platform opportunities, opportunistic buyouts and under-performing businesses. As value investors, we are targeting high-quality businesses that benefit from high barriers to entry and/or low production costs. We pursue opportunities in out-of-favor sectors, leveraging our real asset and related business groups to source proprietary transactions. Post-acquisition, our focus is on creating sustainable profitability through operational improvements, surfacing value from hidden assets and executing accretive add-on acquisitions.
SEC TORS
Business Services
Metals & Mining
Industrials & Manufacturing
Energy Building Products
Packaging & Specialty Paper
Construction & Engineering Land Development & Home Building
PRIVATE FUND STR ATEGY
Global Private Equity
TOP LEFT: NORTH AMERICAN PALLADIUM, THUNDER BAY, CANADA; TOP RIGHT: GRAFTECH, OHIO, UNITED STATES; BOTTOM: QUADRANT ENERGY, DAMPIER, WESTERN AUSTRALIA
28K
~
EMPLOYEES
20B
>
CAPITAL DEPLOYED
100
>
COMMITTED FINANCINGS & INVESTMENTS
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The
Brookfield Advantage
GLOBAL PRESENCE
OPERATIONAL EXPERTISE
CAPITAL PRESERVATION
With a presence in over 30 countries, our global network provides extraordinary access to proprietary deal flow.
We started as owners and operators of real assets, and continue to use our operational expertise to enhance cash flows, increase the value of underlying assets and produce solid long- term returns.
Protecting the capital entrusted to us is at the forefront of how we think about risk, which means that we pursue a prudent and disciplined approach to investing and financing.
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LARGE-SCALE CAPITAL
CONTRARIAN INVESTORS
ALIGNMENT OF INTERESTS
Our strong balance sheet and ready access to largescale capital enable us to do transactions of a size that sets us apart.
Our experience shows us that the best opportunities are often found in out-offavor regions or sectors.
Ensuring alignment of interests with our private fund investors is a priority for us: over 30% of the capital under management across our private funds is our own.
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Contact Us For more information, please visit brookfield.com/privatefunds or contact us through one of our offices.
UNITED S TATES
CHINA
KOREA
Brookfield Place
Suite 1903, Shui On Plaza
26/F, Samsung Life Insurance
250 Vesey Street, 15th Floor
No. 333 Huaihai Road
Seocho Tower
New York, NY 10281-1023
Shanghai 200021, China
4 Seocho-daero 74-gil
+1.212.417.7000
+86.21.2306.0710
Seocho-gu, Seoul 00620
Century Plaza Towers
HONG KONG
2029 Century Park East, 14th Floor Los Angeles, CA 90067 +1.310.867.2747
+82.2.597.2030
Suite 2302, Prosperity Tower
SINGAPORE
39 Queens Road Central
Brookfield Singapore Pte Limited
Central, Hong Kong
#24-01, Income at Raffles
CANADA
+852.2143.3003
16 Collyer Quay
Brookfield Place, Suite 300
INDIA
Bay Wellington Tower 181 Bay Street, Box 762
Unit 203, 2nd Floor
Singapore 049318 +65.6750.4486
Tower A, Peninsula Business Park
UNITED AR AB EMIR ATES
Senapati Bapat Marg, Lower Parcel
Level 1, Al Manara Building
Mumbai – 400013
Sheikh Zayed Road
AUSTR ALIA
+91.22.6600.0400
PO Box 212975
Level 22
JAPAN
Toronto, ON M5J 2T3 +1.416.363.9491
135 King Street Sydney, NSW 2001 +61.2.9322.2000 BR AZIL
Av Abelardo Bueno, 600 Bl.2, 2° andar – Barra da Tijuca CEP
NBF Hibiya Building, 25th Floor
Dubai, UAE +971.4.3158.500
1-1-7 Uchisaiwaicho
UNITED KINGDOM
Chiyoda-ku
99 Bishopsgate
Toyko 100-0011, Japan
2nd Floor
+813.6457.9660
London EC2M 3XD +44.20.7659.3500
22775-040, Rio de Janeiro, RJ +55.21.3527.7800
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ENDNOTES 1 Investment professionals include investment and operating professionals across all of Brookfield’s business groups (e.g., private funds and listed entities) and investment sectors (e.g., real estate, infrastructure and private equity). Investment and operating professionals include all personnel involved in the investment and related processes, including research, investment analysis, risk analysis, performance measurement analysis, and other personnel. Operating employees include employees across all Brookfield’s business lines (e.g., private funds, listed entities and public securities vehicles) and investment sectors (e.g., real estate, infrastructure and private equity). 2 Real estate, infrastructure and private equity AUM discussed above excludes public securities managed by Brookfield Public Securities Group totaling ~$17 billion and cash, financial assets and other assets totaling ~$1 billion. NOTICE This document is confidential and is intended solely for the information of the person to whom it has been delivered to provide an update regarding recent developments with respect to Brookfield. It may not be reproduced or transmitted, in whole or in part, to third parties except as agreed in writing by Brookfield. In addition, if the recipient is subject to section 552(a) of Title 5 of the United States Code (commonly known as the “Freedom of Information Act”) or any other public disclosure law, rule or regulation of any governmental or non-governmental entity, it is acknowledged that the information contained herein is confidential, proprietary and a trade secret. Brookfield Private Advisors LLC, a wholly owned subsidiary of BAM, is a registered broker dealer with the SEC and a FINRA Member. Certain employees of Brookfield’s Private Funds Group may be registered with Brookfield Private Advisors LLC. Brookfield Private Capital (UK) Limited, a wholly owned subsidiary of BAM, is authorized and regulated by the United Kingdom’s Financial Conduct Authority (authorization number 730073). None of Brookfield, its officers, employees, agents or affiliates makes any express or implied representation, warranty or undertaking with respect to this document. This document has been prepared for institutional and qualified investors only. It has not been filed with FINRA and may not be reproduced, shown, quoted to, or used with members of the public. Brookfield is not making any offer or invitation of any kind by communication of this document to the recipient and under no circumstances is it to be construed as a prospectus or an advertisement. The information set forth herein does not purport to be complete. Nothing contained herein should be deemed to be a prediction or projection of future performance of a fund. Except where otherwise indicated herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and will not be updated or otherwise revised to reflect information that subsequently becomes available or circumstances existing or changes occurring after the date hereof. All data as of June 30, 2016. © 2016 Brookfield Asset Management Inc.
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