Brookfield Asset Management is currently negotiating to acquire a majority stake in global private investment firm Castlelake with an investment of more than $1.5bn, reports the Financial Times, according to people briefed on the matter. Castlelake has previously provided financing for a number of airlines including Scoot, Condor, IndiGo and United Airlines; the latter provided through Castlelake’s Aviation Lending Program and secured by four Boeing 787-9 aircraft with an appraised value of more than $540 million. Canadian multinational alternative investment management company Brookfield Assert Management has over $850bn in assets under management, noting that it puts its ‘own capital to

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In