Brookfield
Coverage of Brookfield in the Nexus archive.
- Nvidia is teaming with Wall Street's biggest names on a $500 billion AI financing push
Nvidia signed MOUs with major financial institutions including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The collaboration aims to facilitate a $500 billion financing push by treating AI compute as a financeable asset class.
- Brookfield Buys Nine GLP Logistics Parks in Brazil
Brookfield, a global alternative-asset manager, acquired nine logistics parks in Brazil from GLP for approximately R$750 million (US$148 million), encompassing around 350,000 square meters of warehouse space.
- US nuclear reactor company Westinghouse files for IPO
Westinghouse, a US nuclear reactor company owned by Brookfield, has filed for an IPO. The company previously entered bankruptcy protection nine years ago due to cost overruns.
- Brookfield to turn former nuclear weapons site into AI campus
Brookfield, a Canadian investment group, plans to convert a former nuclear weapons site into an AI campus. The project involves partnering with utility company NextEra to build a data centre in Kentucky.
- PIF-backed $2B Gulf fund set to be one of the region's largest
Brookfield raised $2 billion for a Middle East-focused private equity fund backed by Saudi Arabia’s Public Investment Fund (PIF). The fund, with a first close including PIF and other investors, will allocate 50% to Saudi Arabia, supporting PIF’s goal to attract foreign capital. PIF also agreed with I Squared Capital to deploy up to $2 billion in the kingdom.
- Blackstone, KKR invest in Kuwait pipelines
Kuwait agreed to a $16 billion deal with Blackstone, Brookfield, and KKR, granting the investors a 49% stake in a joint venture with Kuwait Oil Company for a 20.5-year lease on the country's oil pipeline network. The investment is the largest foreign deal in Kuwait’s history and aligns with Gulf strategies to attract capital, with Blackstone also opening an office in Kuwait.
- Blackstone, KKR and Brookfield take Kuwait pipelines stake in $16bn deal
Blackstone, KKR, and Brookfield acquired a stake in Kuwait's pipelines through a $16 billion deal, marking the largest foreign investment in the Gulf state. The investment aims to secure capital amid challenges posed by Iranian attacks.
- Emergency crews battle house fire in Brookfield
Emergency crews are battling a house fire in Brookfield. The situation is described as a developing story with updates expected from WGN.
- Firefighters battling large house fire in Brookfield
Firefighters are battling a large house fire in Brookfield on Madison Avenue. The incident occurred in the 3200 block of the street, according to officials.
- Brookfield’s Data Center Firm Csquare Seeks $1.35 Billion in IPO
Brookfield’s data center firm Csquare is seeking $1.35 billion in an initial public offering (IPO). The company, a subsidiary of Brookfield, aims to raise significant capital through this financial move.
- Brookfield wants to build AI data centers in London’s answer to Wall Street
Brookfield plans to build AI data centers in London's Canary Wharf. The CEO cited rising demand for AI infrastructure in the U.K.
- Don’t let Donald Sinex anywhere near Burlington’s downtown
Ron Jacobs criticizes Donald Sinex's proposal to build an Amazon warehouse in Burlington's former Macy's building, citing his role in the failed CityPlace mall project and concerns about traffic, taxpayer burden, and Amazon's corporate practices.
- Private equity pushes insurance to get risky
Private equity's investment in life insurance companies has shifted risk profiles, pushing insurers toward alternative assets and creating 'zombie insurers' at risk of failure. Anant Bhalla, former CEO of American Equity, warns this trend prioritizes high-risk investments over traditional bonds, with AM Best data showing higher returns but increased risk for portfolios managed by Wall Street-backed insurers.
- Brookfield Sells Wembley Stadium Builder Multiplex for $650 Million
Brookfield has sold Multiplex, the builder of Wembley Stadium, for $650 million. The transaction involves a construction company associated with a worker depicted in Multiplex-branded attire.
- Brookfield, GIP Defy War to Advance $7.5 Billion Kuwait Deal
Brookfield and GIP are proceeding with a $7.5 billion deal in Kuwait despite ongoing war conditions. The deal involves Kuwait Petroleum Corp., led by Sheikh Nawaf Al-Sabah.
- Are humanoid robots now coming for retail jobs?
Figure AI and Catalyst Brands have partnered to deploy humanoid robots in warehouse operations at Catalyst's Reno, Nevada distribution center. The robots will handle repetitive sorting and packing tasks, aiming to modernize supply chain operations while allowing human workers to focus on higher-value work. Concerns about job displacement remain despite the focus on behind-the-scenes tasks.
- Brookfield Says It Amassed $2 Billion Bet on SpaceX Ahead of IPO
Brookfield has amassed a $2 billion bet on SpaceX ahead of its IPO. The investment is significant and indicates confidence in SpaceX's future. SpaceX is a private aerospace manufacturer and space transport services company.
- Brookfield's Brown Says Real Estate in Recovery Mode
Brookfield's Brown states that real estate is in recovery mode, indicating a potential upturn in the market. This statement suggests a positive outlook for the industry. The recovery mode may lead to increased investments and growth.
- Brookfield Bets on Dubai Real Estate, Defying War Concerns
Brookfield is investing in Dubai's real estate, specifically in the Dubai Hills district, despite concerns about war. This investment suggests confidence in Dubai's property market. The move may have implications for the local economy.
- Abu Dhabi’s Axight Adds to Gulf M&A Wave With Brookfield Deal
Abu Dhabi-based Axight has joined the Gulf's M&A wave by acquiring Brookfield. The deal highlights growing business activity in the region.