![Brookfield is one of the world’s largest alternative asset managers, but it is complex and less well-known than its peers. We untangle the secret sauce behind this behemoth and describe why its leader is an exceptional capital allocator. <br /><br />To break down Brookfield, I’m joined by Nima Shayegh from Rumi Capital Partners. <br /> <br /> For the full show notes, transcript, and links to the best content to learn more, check out the episode page here: https://www.joincolossus.com/episodes/48001359/shayegh-brookfield-asset-management<br /> <br /> -----<br /> <br /> This episode is brought to you by Tegus. Tegus is the new digital hub for market intelligence. The Tegus platform empowers Investors and Corporate Development teams to invest smarter by pairing best-in-class technology with the highest quality user-generated content and data. Find out why a majority of the top firms are using Tegus on a daily basis. If you're ready to go deeper on any company and you appreciate the value of primary research, head to tegus.co/breakdowns for a free trial.<br /> <br /> -----<br /> <br /> Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes.<br /> <br /> Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.<br /> <br /> Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt<br /> <br /> Show Notes<br /> [00:00:00] - Introduction<br /> [00:02:19] - [First question] - The size and scale of Brookfield and what they do<br /> [00:04:52] - How they invest through their balance sheet<br /> [00:06:54] - How Brookfield achieved the scale it has today <br /> [00:10:36] - What differentiates Brookfield from their competitors in alternative assets<br /> [00:14:31] - Their unique employee compensation strategy <br /> [00:18:19] - The various segments of their business that helped them achieve their scale<br /> [00:21:05] - Breaking down the economic structure of their revenue streams<br /> [00:25:50] - Percentage of revenue generated by performance and management fees<br /> [00:27:13] - Complex corporate structure and getting comfortable with it as an investor<br /> [00:29:33] - Overview of their ownership structure and its prior scrutiny <br /> [00:32:32] - Brookfield’s philosophy on debt writ large <br /> [00:36:04] - Their strategy and approach to capital allocation<br /> [00:40:11] - Important growth metrics they track most closely <br /> [00:45:57] - Insights and benefits behind merging with other alternative managers<br /> [00:47:23] - How interest rates impact an asset manager like Brookfield<br /> [00:50:12] - Correlation between rising inflation and dividend stock selloffs <br /> [00:52:38] - Other major risks that might pose a threat to Brookfield’s growth <br /> [00:53:51] - Major lessons from intimately studying Brookfield<br /><br />#Businessbreakdowns #Brookfield](https://media.thebusinessprofessor.com/wp-content/plugins/youtube-feed-pro/img/placeholder.png)
Brookfield is one of the world’s largest alternative asset managers, but it is complex and less well-known than its peers. We untangle the secret sauce behind this behemoth and describe why its leader is an exceptional capital allocator.
Show Notes
[00:00:00] – Introduction
[00:02:19] – [First question] – The size and scale of Brookfield and what they do
[00:04:52] – How they invest through their balance sheet
[00:06:54] – How Brookfield achieved the scale it has today
[00:10:36] – What differentiates Brookfield from their competitors in alternative assets
[00:14:31] – Their unique employee compensation strategy
[00:18:19] – The various segments of their business that helped them achieve their scale
[00:21:05] – Breaking down the economic structure of their revenue streams
[00:25:50] – Percentage of revenue generated by performance and management fees
[00:27:13] – Complex corporate structure and getting comfortable with it as an investor
[00:29:33] – Overview of their ownership structure and its prior scrutiny
[00:32:32] – Brookfield’s philosophy on debt writ large
[00:36:04] – Their strategy and approach to capital allocation
[00:40:11] – Important growth metrics they track most closely
[00:45:57] – Insights and benefits behind merging with other alternative managers
[00:47:23] – How interest rates impact an asset manager like Brookfield
[00:50:12] – Correlation between rising inflation and dividend stock selloffs
[00:52:38] – Other major risks that might pose a threat to Brookfield’s growth
[00:53:51] – Major lessons from intimately studying Brookfield