Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance's Acquisition of AEL
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2024
0mins
Source: newsfilter
- Acquisition Announcement: Brookfield Reinsurance and American Equity Investment Life Holding Company announced the expected closing of the acquisition on May 2, 2024.
- About AEL: American Equity Investment Life Holding Company works with independent agents to provide annuity products for retirement planning.
- About Brookfield Reinsurance: Brookfield Reinsurance Ltd. offers insurance and reinsurance services to individuals and institutions.
- Cautionary Notice: The press release includes forward-looking statements regarding the acquisition and potential risks involved.
- Important Factors: Various factors such as uncertain timing, business disruptions, legal proceedings, and integration risks are highlighted in the cautionary notice.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BN
Wall Street analysts forecast BN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BN is 49.91 USD with a low forecast of 36.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 44.310
Low
36.00
Averages
49.91
High
59.00
Current: 44.310
Low
36.00
Averages
49.91
High
59.00
About BN
Brookfield Corporation is a Canada-based global investment firm focused on building long-term wealth for institutions and individuals around the world. The Company has three core businesses: Alternative Asset Management, Wealth Solutions, and its Operating Businesses, which are in renewable power, infrastructure, business and industrial services, and real estate. Its Asset Management business includes managing long-term private funds, perpetual strategies and liquid strategies on behalf of its investors and itself. The Company's Wealth Solutions business includes its equity accounted interest in Brookfield Wealth Solutions Ltd. Its renewable power and transition business includes the ownership, operation and development of hydroelectric, wind, utility-scale solar power generating assets, distributed energy, and sustainable solutions. The Company’s infrastructure business includes the ownership, operation and development of utilities, transport, midstream, and data assets.
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.
Fundraising and Deal-Making to Drive Earnings for Private Asset Managers
Year-End Reporting: Big private asset managers are starting to report their year-end results.
Morgan Stanley Analysts' Focus: Analysts at Morgan Stanley will be particularly interested in two key aspects during these reports.
See More
Sather Financial Increases Stake in Paycom Software Amid Declining Valuation
- Increased Stake: Sather Financial Group disclosed in an SEC filing on January 26, 2026, that it purchased an additional 18,035 shares of Paycom Software for $3.20 million during Q4, although the total position value decreased by $9.32 million due to share price fluctuations, indicating market uncertainty.
- Ownership Proportion Change: As of December 31, 2025, Sather's stake in Paycom rose to 2.3%, representing a significant portion of its $1.86 billion reportable U.S. equity AUM, reflecting continued confidence in the company.
- Market Performance: As of January 23, 2026, Paycom's shares were priced at $152.29, down 25.3% over the past year and underperforming the S&P 500 by 38.3 percentage points, highlighting the growth challenges faced by the company.
- Valuation Attractiveness: Despite Paycom's stock price declining over 60% in the past five years, its current P/E ratio of about 19 is significantly lower than the pandemic peak of 150, potentially offering a more attractive entry point for long-term investors.
See More
Sather Financial Increases Stake in Paycom Software
- Share Increase: Sather Financial Group Inc disclosed in an SEC filing on January 26, 2026, that it purchased an additional 18,035 shares of Paycom Software during Q4, with an estimated trade size of $3.20 million, indicating ongoing confidence in the company.
- Position Value Decline: Despite the increase in shares, the total position value in Paycom fell by $9.32 million, reflecting the impact of share price movements and new purchases, suggesting market concerns about future growth.
- Market Performance: Paycom's stock is currently trading near a five-year low, with revenue growth declining from over 25% five years ago to around 10% in the first nine months of 2025, indicating a slowdown that may affect investor sentiment.
- Valuation Appeal: Despite challenges, Paycom's P/E ratio is approximately 19, significantly down from over 150 during the pandemic, making it appear more attractive in the current market environment and potentially offering opportunities for long-term investors.
See More
Brookfield Launches AI Infrastructure Fund Aiming for $100 Billion in Assets
- Massive Investment Opportunity: Brookfield Corporation anticipates a $7 trillion investment opportunity in AI infrastructure over the next decade, launching its inaugural Brookfield Artificial Intelligence Infrastructure Fund with a goal to acquire up to $100 billion in assets, highlighting its strategic positioning in the AI sector.
- Cloud Services Expansion: By supporting the launch of cloud services company Radiant, Brookfield is further expanding its investments in AI, aiming to meet the growing demand for computing power and thereby enhancing its competitive edge in the market.
- Data Center Development: Prologis has initiated $2 billion in data center development projects since 2023, with the potential to develop over 10 GW of power capacity in the future, which could create $7.5 billion to $25 billion in value for shareholders, underscoring its critical role in the rising AI demand.
- Clean Energy Collaboration: NextEra Energy has signed 2.5 GW of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment, showcasing its leadership in securing power supplies for AI data centers.
See More
Brookfield Corporation to Acquire Over $100 Billion in AI Infrastructure Assets Through First Fund
- AI Infrastructure Investment: Brookfield Corporation aims to acquire over $100 billion in assets through its inaugural AI infrastructure fund, positioning itself to capitalize on a projected $7 trillion opportunity in AI infrastructure over the next decade, highlighting its strong investment potential in this sector.
- Data Center Development: Prologis has initiated $2 billion in data center development projects since 2023, with current projects representing 300 megawatts of power capacity, and estimates it can invest $30 billion to $50 billion over the next decade, potentially creating $7.5 billion to $25 billion in shareholder value by leveraging its logistics facility expertise.
- Clean Energy Contracts: NextEra Energy has signed 2.5 gigawatts of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment, including plans to restart a dormant 615-megawatt nuclear power plant by early 2029, showcasing its leadership in supporting AI data centers.
- Collaborative Data Center Development: NextEra Energy is working with Google and ExxonMobil to develop multiple gigawatt-scale data center campuses and a 1.2-gigawatt gas plant, further solidifying its market position in clean energy and data center infrastructure.
See More
Brookfield Corporation (NYSE:BN) Price Target Raised to $49, Strong Growth Prospects
- Rating Reaffirmed and Price Target Raised: On December 17, BMO Capital reiterated an Outperform rating on Brookfield Corporation and raised the price target from $46 to $49, reflecting strong confidence in the company's future growth potential.
- Distributable Earnings Growth: Brookfield Corporation boasts a 12% compound annual growth rate in distributable earnings, indicating significant progress in asset management contributions, scaling of Wealth Solutions earnings, and improving carried interest realizations.
- Medium-Term Notes Issuance: On December 8, Brookfield Corporation confirmed the pricing of C$1 billion in medium-term notes, including C$350 million at 4.388% and C$650 million at 5.399%, aimed at redeeming its 4.82% notes due soon and for general corporate purposes.
- Market Position and Investment Potential: As a major global investment firm, Brookfield demonstrates strong capital management capabilities by investing in tangible assets such as infrastructure, renewable power, real estate, and private equity, although some AI stocks are viewed as having greater upside potential.
See More
Fundraising and Deal-Making to Drive Earnings for Private Asset Managers
Year-End Reporting: Big private asset managers are starting to report their year-end results.
Morgan Stanley Analysts' Focus: Analysts at Morgan Stanley will be particularly interested in two key aspects during these reports.
See More
Sather Financial Increases Stake in Paycom Software Amid Declining Valuation
- Increased Stake: Sather Financial Group disclosed in an SEC filing on January 26, 2026, that it purchased an additional 18,035 shares of Paycom Software for $3.20 million during Q4, although the total position value decreased by $9.32 million due to share price fluctuations, indicating market uncertainty.
- Ownership Proportion Change: As of December 31, 2025, Sather's stake in Paycom rose to 2.3%, representing a significant portion of its $1.86 billion reportable U.S. equity AUM, reflecting continued confidence in the company.
- Market Performance: As of January 23, 2026, Paycom's shares were priced at $152.29, down 25.3% over the past year and underperforming the S&P 500 by 38.3 percentage points, highlighting the growth challenges faced by the company.
- Valuation Attractiveness: Despite Paycom's stock price declining over 60% in the past five years, its current P/E ratio of about 19 is significantly lower than the pandemic peak of 150, potentially offering a more attractive entry point for long-term investors.
See More
Sather Financial Increases Stake in Paycom Software
- Share Increase: Sather Financial Group Inc disclosed in an SEC filing on January 26, 2026, that it purchased an additional 18,035 shares of Paycom Software during Q4, with an estimated trade size of $3.20 million, indicating ongoing confidence in the company.
- Position Value Decline: Despite the increase in shares, the total position value in Paycom fell by $9.32 million, reflecting the impact of share price movements and new purchases, suggesting market concerns about future growth.
- Market Performance: Paycom's stock is currently trading near a five-year low, with revenue growth declining from over 25% five years ago to around 10% in the first nine months of 2025, indicating a slowdown that may affect investor sentiment.
- Valuation Appeal: Despite challenges, Paycom's P/E ratio is approximately 19, significantly down from over 150 during the pandemic, making it appear more attractive in the current market environment and potentially offering opportunities for long-term investors.
See More
Brookfield Launches AI Infrastructure Fund Aiming for $100 Billion in Assets
- Massive Investment Opportunity: Brookfield Corporation anticipates a $7 trillion investment opportunity in AI infrastructure over the next decade, launching its inaugural Brookfield Artificial Intelligence Infrastructure Fund with a goal to acquire up to $100 billion in assets, highlighting its strategic positioning in the AI sector.
- Cloud Services Expansion: By supporting the launch of cloud services company Radiant, Brookfield is further expanding its investments in AI, aiming to meet the growing demand for computing power and thereby enhancing its competitive edge in the market.
- Data Center Development: Prologis has initiated $2 billion in data center development projects since 2023, with the potential to develop over 10 GW of power capacity in the future, which could create $7.5 billion to $25 billion in value for shareholders, underscoring its critical role in the rising AI demand.
- Clean Energy Collaboration: NextEra Energy has signed 2.5 GW of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment, showcasing its leadership in securing power supplies for AI data centers.
See More
Brookfield Corporation to Acquire Over $100 Billion in AI Infrastructure Assets Through First Fund
- AI Infrastructure Investment: Brookfield Corporation aims to acquire over $100 billion in assets through its inaugural AI infrastructure fund, positioning itself to capitalize on a projected $7 trillion opportunity in AI infrastructure over the next decade, highlighting its strong investment potential in this sector.
- Data Center Development: Prologis has initiated $2 billion in data center development projects since 2023, with current projects representing 300 megawatts of power capacity, and estimates it can invest $30 billion to $50 billion over the next decade, potentially creating $7.5 billion to $25 billion in shareholder value by leveraging its logistics facility expertise.
- Clean Energy Contracts: NextEra Energy has signed 2.5 gigawatts of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment, including plans to restart a dormant 615-megawatt nuclear power plant by early 2029, showcasing its leadership in supporting AI data centers.
- Collaborative Data Center Development: NextEra Energy is working with Google and ExxonMobil to develop multiple gigawatt-scale data center campuses and a 1.2-gigawatt gas plant, further solidifying its market position in clean energy and data center infrastructure.
See More
Brookfield Corporation (NYSE:BN) Price Target Raised to $49, Strong Growth Prospects
- Rating Reaffirmed and Price Target Raised: On December 17, BMO Capital reiterated an Outperform rating on Brookfield Corporation and raised the price target from $46 to $49, reflecting strong confidence in the company's future growth potential.
- Distributable Earnings Growth: Brookfield Corporation boasts a 12% compound annual growth rate in distributable earnings, indicating significant progress in asset management contributions, scaling of Wealth Solutions earnings, and improving carried interest realizations.
- Medium-Term Notes Issuance: On December 8, Brookfield Corporation confirmed the pricing of C$1 billion in medium-term notes, including C$350 million at 4.388% and C$650 million at 5.399%, aimed at redeeming its 4.82% notes due soon and for general corporate purposes.
- Market Position and Investment Potential: As a major global investment firm, Brookfield demonstrates strong capital management capabilities by investing in tangible assets such as infrastructure, renewable power, real estate, and private equity, although some AI stocks are viewed as having greater upside potential.
See More
