India Business Journal - Brookefield targets to more than triple its Indian AUM to $100 billion in 5 years

MONEY

Brookefield targets to more than triple its Indian AUM to $100 billion in 5 years

IBJ Bureau
May 23, 2025

Brookfield Asset Management, one of the world’s largest alternative investment firms, is aiming to more than triple its assets under management (AUM) in India to $100 billion over the next five years.

Connor Teskey, the president of the New York-headquartered global asset manager, has said that it expects the global AUM to double over the next five years from the present $1 trillion, and the growth in emerging markets like India would be higher.

At present, the AUM in India, where the firm has been investing for over 15 years, is $30 billion in assets across sectors like infrastructure, real estate, renewable power and also private equity.

“It is not unreasonable to suggest that in that same five-year time frame, we would triple or quadruple our business here. I very much expect our Indian platform will be a $100-billion business in the near term,” Mr Teskey has said.

Replying to a specific question on when he sees the $100-billion level being attained, Mr Teskey has said that it will be five years or lesser.

Mr Teskey has hinted that investments in India will not be impacted even if the real GDP growth were to fall to 5.5 per cent, pointing out that that level is also fantastic if we consider the size of the economy.