Company
Brookfield Asset Management is a global alternative investment firm managing assets in real estate, infrastructure, renewable power, private equity, and credit.
Brookfield CEO Connor Teskey says AI compute and power demand will exceed supply through the decade, with the US needing about 100 GW of extra power. Brookfield is also the one raising a flagship fund to meet it.
Perspective Coverage
4 publishersReality
Blackstone's Digital Infrastructure Trust trades about 16% below its $20 May IPO price, CNBC reported. The REIT has yet to invest its proceeds, so the loss so far reflects interest rates and the market's view of Blackstone's buying plan, before any moratorium or tenant has touched an asset it owns.
Reality
Nvidia is lining up Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to raise over $500 billion with its GPUs as collateral. The plan works only if that hardware keeps its value for as long as the debt it secures stays outstanding.
Reality
Brookfield is pooling money with Apollo, Blackstone and KKR in a $500 billion Nvidia-arranged consortium, alongside its own $100 billion Nvidia venture. Fully raised, the two would cover under a tenth of the $7 trillion Brookfield expects the AI buildout to cost over the next decade.
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Nvidia's $500 billion plan to finance AI buildouts against its own GPUs had closed no deals by early October. The first transactions will show whether lenders are pricing the chips or the customers renting them.
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The CA$2 billion splits evenly and BMO books roughly 15 basis points of capital, but the referral fees that are the whole of what the two banks kept carry no disclosed rate or term, so nobody outside can value them.
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Index pays crowd contributors for first-person household video. Figure's own figures put contributor spend near $3.75m a month, and they do not reconcile into an hourly wage.
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Blackstone, Brookfield and KKR each took a third of a 49% minority in Kuwait's crude pipeline network. What they bought is a 20.5-year tariff stream, with no operational control.
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