It was a takeover big enough to transform Brookfield Asset Management into a behemoth. Behind this company is an ambitious young manager, obsessed with details, who makes a good impression on his superiors and who puts him on the path to the CEO position.
Connor Teskey was supposed to be handling renewable energy investments when he pitched his superiors the idea of taking a majority stake in Oaktree Capital ManagementHe studied his industries, read every letter the founder Howard Marks Investors were briefed, the numbers were crunched and the subscription was arranged. The roughly $5 billion deal announced in 2019 helped propel Brookfield to the world’s second-largest alternative asset manager.
News Source : www.bloomberg.com
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