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Non-Tech : Income Investing

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From: brehm233	4/1/2025 5:04:47 PM
	of 52115

Brookfield Asset Management and Angel Oak to Enter into Strategic Partnership Brookfield Asset Management and Angel Oak to Enter into Strategic Partnership April 01, 2025 08:00 ET \| Source: Brookfield Asset Management Ltd Share NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Angel Oak Companies (“Angel Oak”), a leading asset manager delivering innovative mortgage and consumer products, today announced that they have entered into an agreement in which Brookfield will acquire a majority ownership stake in Angel Oak and offer its investors access to the firm’s residential mortgage credit strategies. Angel Oak joins Brookfield as part of the firm’s $317 billion credit business, aligning with Brookfield’s broader strategy to partner with best-in-class credit managers alongside its direct investment platform.

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