Investing - Brookfield Asset Management

Role of Private Funds
• We are placing considerable emphasis on establishing very large capitalization listed funds
which h will own a substantial ti part of the capital in our major businesses
• Private funds, however, will continue to be an important part of our business, for the
following reasons
– Better suited for more sophisticated investment strategies. Our listed funds
have been positioned as lower volatility, high payout cash flow entities
– Fee economics are likely better for certain investment strategies
– They allow us to have deep relationships with major global investment partners
– Capital can be drawn down over a committed period of time
• Accordingly, we remain committed to establishing large flagship sector private funds,
as well as selected niche strategies
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