March 19 (Reuters) - Canada's Brookfield Asset
Management ( BAM ) said on Tuesday former Goldman Sachs
executive and insider Hadley Peer Marshall will succeed chief
financial officer Bahir Manios, effective May 31.
Marshall joined Brookfield Asset Management ( BAM ) in New York in
2015 and most recently co-headed infrastructure debt and
structured solutions.
She has previously served as vice president at Goldman Sachs ( GS )
and worked at Citigroup ( C/PN ) and Credit Suisse,
according to her LinkedIn profile.
CFO Manios has served in the role since the company was spun
out of Brookfield Corp ( BN ) in 2022. Manios had joined
Brookfield in 2004 and has served in a variety of senior roles.
The appointment comes at a time Brookfield is actively
raising money for its infrastructure focused funds as demand for
such investments has increased, since these funds offer better
protection from market volatility and economic turbulence.
In December, it raised a record $28 billion for its
largest-ever fund. The company, which manages over $900 billion
in assets, is already exploring a new infrastructure fund,
according to a media report.
(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by
Shounak Dasgupta and Shinjini Ganguli)