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Brookfield Business Partners is led by Chief Executive Officer Anuj Ranjan who joined Brookfield Asset Management in 2006, and leads its global private equity group, and is a managing partner of the parent company. [4] [5] Cyrus Madon, who joined Brookfield in 1998, is executive chairman. [6] [7] [8]
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Brookfield Corporation then spun-off 25% interest in their asset management business into the new publicly listed Brookfield Asset Management Ltd. [39] [40] In 2024, Brookfield Asset Management entered into an agreement with Microsoft to develop around 10.5 gigawatts of new renewable energy capacity to build new wind and solar farms. [41]
“We had a good quarter, achieving solid financial results and generating over $350 million of proceeds from distributions and announced monetizations, including the sale of a significant portion of our offshore oil services operation,” said Anuj Ranjan, CEO of Brookfield Business Partners.
In this analysis, my focus will be on developing a perspective on Brookfield Business Partners LP.’s (TSX:BBU.UN) latest ownership structure, a less discussed, but important factor. The impact ...
BBU earnings call for the period ending December 31, 2018.
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