Brookfield’s infra, private equity arms involved in AGL buying

Brookfield’s infra, private equity arms involved in AGL buying

AGL Australia is revealing its former suitor Brookfield Asset Management had popped up with a 2.56% stake in the company. AGL said 123456789 4 Pty Ltd, a subsidiary of Brookfield Asset Management, was sitting on 17.2 million shares as at June 24. “AGL become aware of...
Succession planning at PE firms reveals risks of leadership change

Succession planning at PE firms reveals risks of leadership change

Private equity is ushering in a new era of leadership. Firms that are often concerned with running smooth succession plans inside their portfolio companies have been busy lately planning for the departures of their own founders. In the last year, some of the biggest...