Bloomberg Talks

Brookfield Asset Management CEO Connor Teskey Talks Private Credit

7 snips
Mar 3, 2026
Connor Teskey, CEO of Brookfield Asset Management, leads a global firm managing over $1 trillion across real assets. He discusses positioning capital in higher rates, the nuances of private credit versus direct lending, and why data centers and infrastructure remain attractive despite geopolitical volatility. Conversation also covers liquidity, vehicle structures, and Brookfield’s partnership moves and AI tailwinds.
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INSIGHT

Why Brookfield Sticks To Long Duration Essentials

  • Brookfield focuses on long-duration, essential assets that produce cash across cycles and are inflation linked.
  • Connor Teskey emphasizes downside protection and prioritizes people safety and asset operation amid short-term geopolitical headlines.
ANECDOTE

How Brookfield Reacted To Recent Middle East Tensions

  • Teskey says recent Middle East tensions did not change Brookfield's regional investments and their focus remains on people and operating assets.
  • He points to the region's significant growth and long-term fundamentals for data centers and energy.
INSIGHT

Distinguishing Private Credit From Direct Lending Stress

  • Credit markets broadly look healthy with strong corporate balance sheets, liquid capital markets, and solid banks.
  • Teskey separates private credit (asset-backed, real asset, opportunistic) from direct lending, noting stress is concentrated in the latter.
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