Finance

Brookfield and Castlelake completes strategic partnership transaction

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Brookfield and Castlelake completes strategic partnership transaction

Brookfield Asset Management and Castlelake closed a $1.5bn strategic partnership in which Brookfield acquired a 51% stake in Castlelake's fee-related earnings and Brookfield Wealth Solutions has committed to invest into Castlelake's investment strategies and private funds. "Castlelake and Brookfield...

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