Brookfield Corporation · NYSE:BN
Brookfield — Brookfield Asset Management — Ben Graham Centre's 2014 Value Investing Conference
15 slides from Brookfield's conference presentation, Apr 8, 2014
Slide 1: A Global Alternative Asset Management Company
Ben Graham Centre’s 2014 Value Investing Conference | April 8, 2014 Brookfield Asset Management Inc. A Global Alternative Asset Management Company Focused on Property, Renewable Energy, Infrastructure and Private Equity Note: Q4 2014 data Agenda Describe our business to you Try to explain how we inv
Slide 2: One of the largest global managers of Real Assets
Our operations include 100 offices across the globe with 700 investment professionals and 28,000 operating employees managing over $175 billion of assets Canada UK, Europe, Middle East Asia & Australia $25 billion AUM $9 billion AUM $16 billion AUM 3,000 employees 5,500 employees 2,500 employees Uni
Slide 3: Our business model is simple
And, our business model is simple Source equity from clients who are seeking exposure to property and infrastructure returns Utilize our global reach to identify and acquire high quality real assets on a value basis Finance them on a long-term, low risk basis Enhance the cash flows and value of thes
Slide 4: Our greatest advantage is investing in multiple types of Real Assets
Despite common stock market wisdom, our greatest advantage is that we invest in multiple types of Real Assets in multiple places ….which allows us to be value investors and pick our spots!! ***** “As there is always a Real Asset sector or country out of favour” 6 | Brookfield Asset Management Inc. I
Slide 5: Why? Real asset yields; 100 million sq. ft. of office
Why? 7% - 15% 8% 2% Bond Equity Real Asset Yields Yields Yields 8 | Brookfield Asset Management Inc. Which has enabled us to assemble – 100 million sq. ft. of office properties Brookfield Place, New York 9 | Brookfield Asset Management Inc.
Slide 6: Over 150 million sq. ft. of retail malls; 200 renewable plants
Over 150 million sq. ft. of retail malls Ala Moana, Honolulu 10 | Brookfield Asset Management Inc. Over 200 renewable energy plants Gartshore, Quebec 11 | Brookfield Asset Management Inc.
Slide 7: Wind farms and the largest metallurgical coal terminal
11 wind farms Prince Wind Farm, Ontario 12 | Brookfield Asset Management Inc. The largest metallurgical coal terminal in the world Dalrymple Bay Coal Terminal, Australia 13 | Brookfield Asset Management Inc.
Slide 8: Ports, rail, toll roads and transmission lines
And ports, rail, toll roads and transmission lines Brookfield Rail, Australia 14 | Brookfield Asset Management Inc. These high quality Real Assets are in demand by investors They offer favourable long-term, risk adjusted returns generating cash and capital returns, with lower volatility, and inflati
Slide 9: Our competitive advantage: source capital and acquire assets for value
And our competitive advantage is our ability to: (1) source capital, and (2) acquire assets for value 16 | Brookfield Asset Management Inc. Institutional clients’ assets are growing exponentially 1970s $ 5 Trillion 2000s $ 30 Trillion 2012 $ 45 Trillion 2020s $ 70 Trillion 17 | Brookfield Asset Mana
Slide 10: Long-term return for BAM shareholders
Which has enabled us to generate a solid long-term return for BAM shareholders Investment Performance Brookfield NYSE S&P 500 1 11% 32% 5 24% 18% 10 19% 7% 20 19% 9% But more importantly, returns for our clients have also been excellent 18 | Brookfield Asset Management Inc. And although the past doe
Slide 11: Brookfield Residential and Olympia & York Properties
1987 – Brookfield Residential Original Equity Invested: $400 million Compound IRR for 27 years: 24% Investment Multiple: 10x Realized Proceeds: $1.4 billion Unrealized Proceeds: $2.9 billion Note: As of Q4 2013 20 | Brookfield Asset Management Inc. 1989 – Olympia & York Properties Original Equity In
Slide 12: Brookfield Brazil Renewables and Longview Fibre
2003 – Brookfield Brazil Renewables Equity Invested: R$2.2 billion Compound IRR for 10 years: 35% Investment Multiple: 4x Realized Proceeds: R$1.6 billion Unrealized Proceeds: R$7.5 billion Note: As of Q4 2013 22 | Brookfield Asset Management Inc. 2007 – Longview Fibre Paper & Packaging Equity Inves
Slide 13: Babcock & Brown Infrastructure and General Growth Properties
2009 – Babcock & Brown Infrastructure Equity Invested: $2.6 billion Compound IRR for 4 years: 33% Investment Multiple: 2.2x Realized Proceeds: $1.6 billion Unrealized Proceeds: $4.1 billion Note: As of Q4 2013 24 | Brookfield Asset Management Inc. 2009 – General Growth Properties Equity Invested: $2
Slide 14: Utilizing our competitive advantages to find value
Which are all a result of utilizing our competitive advantages to find value… The scale of capital we possess The limited restrictions we have on our investment capital Our global operations which enable us to move capital to regions/sectors where it is scarce Our size which ensures we can redeploy
Slide 15: Thank You!
Thank You! 28 | Brookfield Asset Management Inc. Ben Graham Centre’s 2014 Value Investing Conference | April 8, 2014 Brookfield Asset Management Inc. A Global Alternative Asset Management Company Focused on Property, Renewable Energy, Infrastructure and Private Equity
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