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Canada's Brookfield Asset Management names former Goldman executive as CFO
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Canada's Brookfield Asset Management names former Goldman executive as CFO
Mar 19, 2024 6:27 AM

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)

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