Brookfield Corporation · NYSE:BN
Brookfield — Brookfield Asset Management — Investor Presentation (May 2015)
18 slides from Brookfield's investor presentation, May 2015
Slide 1: Corporate Profile
Corporate Profile May 2015 Brookfield Asset Management Inc. A Global Alternative Asset Management Company Focused on Real Estate, Renewable Energy, Infrastructure and Private Equity
Slide 2: Cautionary Note Concerning Forward-Looking Statements
Cautionary Note Concerning Forward-Looking Statements 2 This Corporate Profile contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 2
Slide 3: Experienced Investor and Asset Manager
Experienced Investor and Asset Manager 3 100 year history as a global investor, operator and leading asset manager of high quality alternative assets • Global manager of real assets with over $200 billion of assets under management ‒ Property ̶ Infrastructure ‒ Renewable Energy ̶ Private Equity • Mu
Slide 4: Current Profile
Current Profile 4 Property Assets Under Management – $207 Billion Renewable Energy • Focused on high quality real assets Infrastructure • ~30,000 employees Private Equity • Diversified by asset class and region Other Fee Bearing Capital – $93 Billion Listed Partnerships Property • Generates over $1.
Slide 5: Experienced Investor Focused on Real Assets
Experienced Investor Focused on Real Assets 5 Our global reach enables us to identify and acquire high quality Real Assets on a value basis INVESTMENT PRINCIPLES • Invest where we possess competitive advantages • Real Assets continue to gain institutional – Size market share as traditional equity an
Slide 6: Diversified Four Pillar Multi-Fund Strategy
Diversified Four Pillar Multi-Fund Strategy 6 Our clients have tremendous flexibility to invest with us through Listed Partnerships, Private Funds and Public Markets across our Real Asset platforms Brookfield Asset Management (BAM) 62%1 63% 29% 100% Listed Brookfield Brookfield Renewable Brookfield
Slide 7: Financial Performance
Financial Performance 7 Our asset management business, alongside our invested capital, continues to generate meaningful returns for our shareholders Fee Bearing Capital / Asset Manager IFRS Values FFO AS AT MAR. 31,2015 (LTM)1,2 Recurring long-term fees received Fee related earnings $ 401 from manag
Slide 8: Asset Management – Listed Partnerships Fee Structure and Performance
Asset Management – Listed Partnerships Fee Structure and Performance 8 Our Listed Partnerships provide us high growth, contractual fees and have a strong performance record that has created significant value for our shareholders Base Management Fees Incentive Distribution Rights Equity Return Fixed
Slide 9: Asset Management – Private Funds Fee Structure and Performance
Asset Management – Private Funds Fee Structure and Performance 9 Our Private Funds earn contractual base fees and have the opportunity to earn carried interest upon exceeding pre-determined return hurdles Base Fees Carried Target Return PRIVATE FUNDS (bps) Interest Return Hurdles Core Plus and Value
Slide 10: Asset Management Growth
Asset Management Growth 10 We continue to grow our fee bearing capital through our multi-fund platform and are currently marketing our follow-on flagship funds, seeking to raise more than $11 billion of capital FEE BEARING CAPITAL FEE REVENUES & UNDER MANAGEMENT FEE RELATED EARNINGS1 16% 29% CAGR CA
Slide 11: Invested Capital
Invested Capital 11 Over 80% of our Invested Capital is held through listed securities, BAM’s Invested Capital creating strong levels of financial flexibility and increased transparency $27 billion1 INVESTED CAPITAL • The majority of our invested capital ($19 billion) is held in our three flagship l
Slide 12: Capitalization and Liquidity
Capitalization and Liquidity 12 We are well positioned with a strong balance sheet and significant access to capital to maintain our growth momentum Significant Liquidity − Approximately $5 billion of core liquidity to fund growth − Over $2 billion at the corporate level and an additional $3 billion
Slide 13: Why invest in Brookfield now?
Why invest in Brookfield now? 13 Large Scale Capital Strong fundraising momentum and excellent track record High growth fee streams providing stable cash flows and upside potential through performance fees Global Strong levels of liquidity to fund future growth Presence Flexibility to alloca
Slide 14: Investor Relations Contacts
Investor Relations Contacts 14 Contact Title E-Mail Address Phone Number Brian Lawson Chief Financial Officer [email protected] (416) 363-9491 Derek Gorgi Senior Vice President, Finance [email protected] (416) 359-8590
Slide 15: Additional Information
Brookfield Additional Information a = em =_ Saas
Slide 16: Appendix – Private Funds
Appendix – Private Funds 16 Historical Historical Core Plus and Committed Capital Brookfield Year Opportunistic and Committed Capital Brookfield Year Value Add1 ($millions)2 Capital (%) Formed Private Equity1 ($millions) 2 Capital (%) Formed Real Estate Finance I $600 33% 2004 Real Estate Opportunit
Slide 17: Appendix – Deconsolidated Information
Appendix – Deconsolidated Information 17 Invested Capital Distributed AS AT AND FOR THE PERIODS ENDED MAR. 31, 2015 Per share Invested Capital FFO3 Cash Flow (MILLIONS) Price Distribution No. Units Quoted1 IFRS2 Three Months LTM (Annualized)4 Listed partnerships Brookfield Property Partners $ 24.25
Slide 18: Appendix – Notes, Assumptions, and Definitions
Appendix – Notes, Assumptions, and Definitions 18 Definitions and Notes • Fee Bearing Capital represents the capital committed, pledged or invested in our listed partnerships, private funds, and public markets that we manage which entitle us to earn fee revenues and/or carried interests. Fee bearing
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