Q: Hi, how much of BN's business is roughly in the real estate part of the corp? Can you provide a breakdown of how much of each business line makes up BN?
Also, is it correct that BN invests alongside investors in their funds? Or are they making private investments with just their own capital? If so how do they balance that ?
Also, is it correct that BN invests alongside investors in their funds? Or are they making private investments with just their own capital? If so how do they balance that ?
5i Research Answer:
On a revenue breakdown for 2022: Private equity $58.2B, Infrastructure $14.7B, Real estate $13.8B, Renewable power $5.2B, asset management $0.6B. Typically BN will invest its own capital in deals along with financial partners. It will also at times just take 100% of a deal itself (depending on size).