Brookfield 2024

It's a behemoth of a firm so depends on the team you're interviewing for but in NYC they have a presence in PE, special sits, Real Estate, insurance and green energy. For the PE team, returns have generally been fine despite a few misses here and there. They've started to enter more competitive processes and pay up for higher-quality assets (Medline was one ex. a few years back) and partner with other sponsors (Nielsen deal with Elliot). Fundraising momentum has been good with the most recent raise at $12B, albeit a portion of that comes from their parent, Brookfield Corp. They've also built up a special sits platform which seems to be growing that was formerly run by the guy now running Bain Cap's SS platform. Some interesting deals in that one, notably the Primary Wave music rights deal.

Culture is sweaty - 5 days in office but from friends who work(ed) there they mentioned that the ties mandate is largely abandoned. I wouldn't consider them MF level in terms of pedigree but certainly right up there as a highly reputable firm nonetheless where people are pretty sharp and hardworking. Comp is at street level up to Principal / MD and skewed more towards the base which is nice benefit, carry dollars are given starting at the associate level but european waterfall structure.