Family Office
Mortgage-backed advisory gets a new name
Real-estate manager Brookfield puts its mark on 2005 acquisition.
Brookfield Asset Management has changed Hyperion Capital
Management’s name to “Hyperion Brookfield Asset Management” in an
effort to stamp its brand on a firm it acquired last spring.
“Our name change to Hyperion Brookfield reflects a continuation
of our integration with Brookfield Asset Management and the
strength of our platform for growth,” says Clifford Lai, Hyperion
Brookfield’s president and CEO.
Brookfield, a real-estate and infrastructure asset manager based
in Toronto, Ontario, acquired Hyperion, a New York-based
investment advisory that provides retail and institutional
clients with fixed-income and specialized mortgage-backed
security strategies, in April 2005. Hyperion also provides asset
and liability management, tax optimization and asset allocation
services to insurance companies.
Brookfield Asset Management and its affiliates have about $50
billion in assets under management. –FWR
.
