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$BAM (BROOKFIELD ASSET MANAGEMENT) — 8-K: Brookfield wins UK Nuclear Liabilities Fund mandate with initial $1bn commitment

BAM
$51.53
+0.23%
Brookfield has been selected by the Nuclear Liabilities Fund to manage a long-term, multi-asset investment mandate with an initial $1bn commitment. The portfolio will invest globally across Brookfield’s infrastructure, energy, private equity, real estate and private credit strategies. The mandate is structured around NLF’s multi-decade liabilities for decommissioning eight UK nuclear power stations, with investment proceeds expected to be reinvested to support long-term compounding. Brookfield’s Investment Solutions Group, chaired by Howard Marks and led by Alper Daglioglu, will manage the mandate.
Brookfield has been selected by the Nuclear Liabilities Fund to manage a long-term, multi-asset investment mandate with an initial $1bn commitment. The portfolio will invest globally across Brookfield
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