- Constellation Software Inc. (CSU)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Thank You
Peter
BN invests largely in long-duration assets that have a solid competitive position such as key infrastructure assets including utility, pipelines, renewable energy plants, etc.. These assets are quite capital-intensive but generate stable cash flow to support the debt that BN usually uses to acquire the asset.
CSU focuses on acquiring vertical market software, that serves a market that is typically so small that large software players do not enter. These niche market software companies are capital-light, with strong price power and solid organic growth profiles.