$BAM

Copenhagen Infrastructure Partners (CIP) closed a US$3 billion energy fund targeting high-growth markets. The fund, GMF II, follows GMF I, which aims for 8.7GW of energy infrastructure. CIP manages 15 funds with US$49.9 billion raised. Separately, Brookfield and La Caisse completed the acquisition of Boralex, a Canadian IPP, for CA$37.25 per share, delisting it from the Toronto Stock Exchange.

Brookfield Asset Management has expanded in Asia Pacific by acquiring 50 multifamily residential properties in Japan's major cities. The company plans to grow its presence in India as well.

The Australian market is expected to open lower on Wednesday, with corporate earnings and RBA deputy governor Andrew Hauser's speech in focus. BHP reported a 9% profit increase, while CSL surged 17.3% despite a net loss. Energy stocks rose, and banks fell. US markets declined as tech stocks retreated, and European markets also fell due to bond yields and geopolitical concerns.

Brookfield Asset Management CEO Bruce Flatt told CNBC that AI’s bottleneck is infrastructure buildout, not investor capital. Flatt said Brookfield and Nvidia are funding shared computing in Korea, with Nvidia contributing $1 billion and Brookfield $9 billion. Brookfield also raised a record $77 billion and warned some capital may be poorly allocated during buildouts.

Carson Group hired Kevin Peterson, formerly Osaic’s senior VP of sales, to lead business development for its independent advisor channel. The firm said it manages $62 billion in assets and serves 60,000 client families via 165 offices. The move supports Carson’s push for independent advisors amid leadership turnover at Osaic and other recruiting networks.

The article says U.S. stocks were mixed last week, with the S&P 500 up about 0.5%, the Dow down about 0.6%, and the Nasdaq-100 up about 1.1%, citing hopes the Fed will keep rates unchanged in September. It notes July inflation cooled to 3.4% and core CPI rose 2.5% y/y. It highlights several leveraged ETFs with weekly gains, including Graniteshares 2X Long NBIS Daily (+107.3%) and Leverage Shares 2X Long SNDK Daily (+80.3%). It also mentions NVIDIA’s financing MoUs.

Brookfield Wealth Solutions said total assets rose to $205.7 billion at June 30 from $157.2 billion at end-2025 after completing its acquisition of UK insurer Just Group. Distributable operating earnings increased 23% to $488 million in Q2. Net income fell to $149 million due to mark-to-market losses. The firm reported $35 billion cash and $43 billion longer-term liquid investments.

Partners Value Split Corp. (TSX: PVS.PR.H etc.) reported income available for distribution of $50 million for the six months ended June 30, 2026, up from $48 million a year earlier. Net comprehensive loss was $729 million, mainly from unrealized mark-to-market losses on Brookfield Corp. (BN) and Brookfield Asset Management (BAM) shares. The company holds about 8% of BN and 2% of BAM.

Partners Value Investments L.P. (TSXV:PVF.UN, PVF.PR.U) reported Q2 2026 interim results. Net income was $15.3M for the three months ended June 30, 2026, versus a $6.2M loss a year earlier, and $46.2M for six months versus $18.5M. Results were driven by foreign currency translation gains and higher investment income, partly offset by valuation losses. The partnership holds Brookfield Corp (BN) and Brookfield Asset Management (BAM) shares.

Britam Asset Managers launched KidNest, a children’s investment account in Kenya, allowing parents or guardians to open an account in a child’s name with minimum contributions from Sh1,000. The professionally managed, long-term product aims to build savings for goals like education. The firm cited declining savings and low financial health and literacy, and said it has KSh 250 billion in assets under management.