How Brookfield And Peers Make Money And How You Can Participate In 2023

Alexander Steinberg profile picture
Alexander Steinberg


  • Big alt managers include 6 companies but 7 stocks. Brookfield Asset Management Ltd. is now represented by two stocks - asset-heavy BN and asset-light BAM.
  • The industry is attractive because the capital supplied by clients remains locked for many years in private funds providing a stable stream of "sticky" and relatively high management fees.
  • The industry has grown at 20% for many years and is expected to continue similar growth at least for the next several years.
  • Due to its unique profile, BAM appears to be very appealing. BN seems less appealing as some of its capital is not efficiently allocated.

Financial Bull Market Concept with 100 US Dollar Banknotes

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I have authored quite a few posts on Brookfield Asset Management Ltd. (NYSE:BAM) and its related companies. But they are designated for people who are already familiar with the complex world of private equity and

Apollo funds' returns


Blackstone target markets


This article was written by

Alexander Steinberg profile picture
Ph. D. and MBA. I worked in executive/management positions for big US companies, then ran my own business for about 15 years, and upon exiting, turned to full-time investing. I primarily manage my own funds and consult a limited number of friends and clients.

Disclosure: I/we have a beneficial long position in the shares of BAM, BN, APO, BX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Due to the possible escalation of the war in Ukraine, stocks are riskier than usual.

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