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Bruce Flatt

πŸ‘€ Speaker
132 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Yes, yes.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Department of Commerce, like our transaction was done with Department of Energy and specifically Department of Commerce, Howard Ludnick, and they were very transactional and they focused on the right things and we got a transaction done.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

So we have two, I'm going to say this, we have two amazing brands.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Brookfield's an incredible brand, but Oak Tree's an amazing brand as well.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

And we plan on keeping both.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Behind the scenes, some of the things that we do will be we'll join them together and we'll do things to get cost synergies and benefits and all those kind of things.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

But the two brands are unbelievably valuable in our opinion, and they're going to stay.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

And, you know, for for opportunistic credit investing, which today is super important or more important this week than it was last week, the Oak Tree brand is an incredible franchise.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

And we're going to keep that.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

And it's really important to us.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Yeah.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

I don't comment on any other group's business.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

But what I would say is our business is focused on asset-backed finance, opportunistic credit, and lending to things we understand, lending to the real economy.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

And therefore, we have very little exposure to the types of things that are going on today.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

And that may be fortuitous.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

I'd say in our opportunistic business, it creates a big opportunity.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Because then when things sell off,

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Often they go way too far, and therefore opportunity comes about.

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

There might be something there?

Bloomberg Talks
Brookfield Asset Management CEO Bruce Flatt Talks Succession, AI and Strategy

Yes, yes.