Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Brookfield reportedly in talks to buy majority stake in credit manager Castlelake https://t.co/cvJcbokoUb
Brookfield Asset Management $BAM is currently in talks to buy a majority stake in private-credit manager Castlelake, according to people with knowledge of the matter. The potential deal would see Brookfield invest more than $1.5 billion...
Brookfield Asset Management is in advanced talks to buy a majority stake in private-credit manager Castlelake, according to people with knowledge of the matter https://t.co/y2njeTuXry
Brookfield Asset Management is reportedly in advanced talks to acquire a majority stake in Castlelake, a private credit manager with a portfolio valued at $22bn. This significant financial move, highlighted by multiple sources, indicates Brookfield's strategic investment in the credit sector. The potential deal, as reported, could involve Brookfield investing more than $1.5 billion.
