Brookfield Asset Management Acquires Majority Ownership of Angel Oak Companies
New York, April 1, 2025 – Brookfield Asset Management (BAM), a leading global alternative asset manager with over $650 billion in assets under management, and Angel Oak Companies (Angel Oak), a prominent asset manager specializing in innovative mortgage and consumer products, have announced a new partnership. Under the terms of the agreement, Brookfield will acquire a significant stake in Angel Oak, granting its investors access to the firm’s residential mortgage credit strategies.
A New Chapter for Angel Oak
Founded in 2012, Angel Oak has made a name for itself in the financial industry by delivering unique mortgage and consumer credit solutions. With this acquisition, Angel Oak will join Brookfield’s expansive credit business, which currently manages $317 billion in assets. The partnership aligns with Brookfield’s broader strategy to collaborate with top-tier credit managers, complementing its direct investment platform.
What Does This Mean for Investors?
For investors seeking exposure to the residential mortgage credit market, this partnership between Brookfield and Angel Oak presents an opportunity to tap into Angel Oak’s expertise and innovative strategies. By joining forces, the two firms aim to create a powerful platform that combines Brookfield’s resources and scale with Angel Oak’s nimble and agile approach to credit investing.
Impact on the Wider Financial World
The acquisition of Angel Oak by Brookfield Asset Management is expected to have a ripple effect on the financial industry. By bringing together two prominent players in the asset management landscape, the deal may lead to increased competition and innovation in the mortgage credit space. Additionally, it could potentially attract more institutional investors to the sector, further bolstering the market.
Conclusion
In summary, the partnership between Brookfield Asset Management and Angel Oak Companies marks an exciting new chapter for both firms, as well as the residential mortgage credit market. By combining their respective strengths and expertise, they aim to create a powerful platform that delivers innovative investment opportunities and drives growth in the sector. As the industry continues to evolve, this deal is likely to have a significant impact on the financial world.
- Brookfield Asset Management acquires majority ownership of Angel Oak Companies.
- Angel Oak’s residential mortgage credit strategies to be offered to Brookfield investors.
- Collaboration aligns with Brookfield’s broader strategy to partner with top-tier credit managers.
- Impact on investors: potential access to innovative mortgage credit strategies and increased competition in the sector.
- Impact on the financial world: potential for increased institutional investment in the residential mortgage credit market and increased competition and innovation.
