Brookfield Asset Management to buy majority stake in mortgage lender Angel Oak
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Should l Buy BAM?
Source: SeekingAlpha
Brookfield Asset Management Acquires Stake: Brookfield Asset Management has agreed to purchase a 50.1% stake in Angel Oak Companies, enhancing its private credit business and providing investors access to Angel Oak's residential mortgage credit strategies while allowing Angel Oak to operate independently.
Growth Potential in Mortgage Sector: The acquisition is expected to complement Brookfield's credit offerings and capitalize on anticipated growth in mortgage and consumer products due to the current interest rate environment, with Angel Oak managing over $18 billion in assets and having originated $30 billion in residential mortgages over the past decade.
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Analyst Views on BAM
Wall Street analysts forecast BAM stock price to rise
9 Analyst Rating
5 Buy
4 Hold
0 Sell
Moderate Buy
Current: 48.830
Low
56.59
Averages
64.98
High
74.46
Current: 48.830
Low
56.59
Averages
64.98
High
74.46
About BAM
Brookfield Asset Management Ltd. is a global alternative asset manager. The Company invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Its products have three categories, which include long-term private funds, permanent capital vehicles and perpetual strategies, and liquid strategies. These are invested across five principal strategies: renewable power and transition, infrastructure, real estate, private equity, and credit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Optimized Debt Management: Cameco successfully paid off $200 million of its U.S. term loan, resulting in cash and cash equivalents of $1.2 billion, significantly exceeding its total debt of $1 billion, demonstrating a robust financial position.
- Strategic Acquisition Moves: By acquiring a 49% stake in Westinghouse, Cameco not only strengthened its uranium mining capabilities but also achieved vertical integration through high-margin services and fuel fabrication, further solidifying its leadership in the nuclear energy market.
See More
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