Brookfield's Bold Move: A New Era for Angel Oak and Data Centers in Latin America
April 3, 2025, 5:32 am
In the world of finance and technology, change is the only constant. Recently, two significant developments have emerged, reshaping the landscape of mortgage lending and data center services. Brookfield Asset Management, a Canadian investment giant, has taken a controlling stake in Angel Oak Companies, while Ascenty has been recognized as a leader in Latin America's data center infrastructure. These moves signal a shift in strategy and ambition, setting the stage for future growth.
Brookfield Asset Management Ltd. is no stranger to bold investments. The firm has a knack for spotting opportunities in the market. Its latest venture involves acquiring a 50.1% stake in Angel Oak Companies, a holding company that manages over $18 billion in mortgage assets. This acquisition is not just a financial transaction; it’s a strategic partnership aimed at enhancing Brookfield’s credit offerings.
Angel Oak, founded in 2008, has carved a niche in the non-QM lending space. It specializes in lending to self-employed borrowers, a demographic often overlooked by traditional lenders. With over $30 billion in originated loans and more than 60 bond securitizations under its belt, Angel Oak has proven its mettle in the mortgage market. The firm’s co-founders, Sreeni Prabhu and Mike Fierman, will continue to lead the company, ensuring that its independent spirit remains intact.
Brookfield’s investment is a validation of Angel Oak’s business model. It opens new avenues for growth and innovation. The partnership aims to broaden relationships with institutional investors, a crucial step in a competitive market. As the mortgage landscape evolves, having a robust partner like Brookfield can provide Angel Oak with the resources needed to scale its operations.
The transaction is expected to close by the end of the third quarter of 2025. This timeline allows both companies to align their strategies and prepare for a future filled with potential. Brookfield’s previous acquisition of Divvy Homes, a rent-to-own startup, showcases its aggressive approach to expanding its portfolio. This latest move with Angel Oak is another piece of the puzzle in Brookfield’s quest for dominance in the financial sector.
Meanwhile, in the realm of data centers, Ascenty is making waves. Recognized by Frost & Sullivan as the 2024 Latin American Company of the Year, Ascenty is the largest provider of data center and connectivity services in the region. With 34 data centers across Brazil, Chile, Mexico, and Colombia, the company is well-positioned to meet the growing demand for digital infrastructure.
Ascenty’s proprietary fiber-optic network spans 5,000 kilometers, connecting its facilities and providing critical connectivity for local and global businesses. This extensive network is a lifeline for companies navigating the complexities of the digital economy. Ascenty’s focus on sustainability and customer service sets it apart in a crowded market. The company has operated 100% carbon-neutral data centers since 2021, a testament to its commitment to environmental responsibility.
The company’s colocation services are tailored to meet diverse client needs. Whether a business requires a single rack or an entire data center, Ascenty offers secure and adaptable solutions. Its infrastructure is designed for high performance, with features like liquid cooling and high-density racks. This attention to detail ensures that clients receive optimal service availability and support.
Ascenty’s partnerships with Brookfield Infrastructure Partners and Digital Realty bolster its position in the market. These alliances provide the resources and expertise needed to expand its operations and enhance service offerings. As businesses increasingly rely on cloud services and digital solutions, Ascenty is poised to capitalize on this trend.
The recognition from Frost & Sullivan is not just a badge of honor; it reflects Ascenty’s strategic vision and execution. The company’s commitment to innovation and customer satisfaction has earned it a reputation as a trusted partner in the data center industry. As the digital landscape continues to evolve, Ascenty’s proactive approach to cybersecurity and sustainability will be crucial in maintaining its competitive edge.
Both Brookfield’s investment in Angel Oak and Ascenty’s recognition as a market leader highlight a broader trend in the financial and technology sectors. Companies are increasingly seeking strategic partnerships to enhance their offerings and expand their reach. In a world where agility and adaptability are paramount, these moves are a testament to the power of collaboration.
As we look to the future, the implications of these developments are profound. For Angel Oak, the partnership with Brookfield could mean accelerated growth and innovation in the mortgage space. For Ascenty, the recognition as a leader in data center services positions it for long-term success in a rapidly changing market.
In conclusion, the landscape of finance and technology is shifting. Brookfield’s acquisition of Angel Oak and Ascenty’s accolades are just the beginning. As these companies navigate their respective paths, they will undoubtedly shape the future of their industries. The interplay between investment and innovation will continue to drive growth, creating new opportunities for businesses and consumers alike. The future is bright, and those who adapt will thrive.
Brookfield Asset Management Ltd. is no stranger to bold investments. The firm has a knack for spotting opportunities in the market. Its latest venture involves acquiring a 50.1% stake in Angel Oak Companies, a holding company that manages over $18 billion in mortgage assets. This acquisition is not just a financial transaction; it’s a strategic partnership aimed at enhancing Brookfield’s credit offerings.
Angel Oak, founded in 2008, has carved a niche in the non-QM lending space. It specializes in lending to self-employed borrowers, a demographic often overlooked by traditional lenders. With over $30 billion in originated loans and more than 60 bond securitizations under its belt, Angel Oak has proven its mettle in the mortgage market. The firm’s co-founders, Sreeni Prabhu and Mike Fierman, will continue to lead the company, ensuring that its independent spirit remains intact.
Brookfield’s investment is a validation of Angel Oak’s business model. It opens new avenues for growth and innovation. The partnership aims to broaden relationships with institutional investors, a crucial step in a competitive market. As the mortgage landscape evolves, having a robust partner like Brookfield can provide Angel Oak with the resources needed to scale its operations.
The transaction is expected to close by the end of the third quarter of 2025. This timeline allows both companies to align their strategies and prepare for a future filled with potential. Brookfield’s previous acquisition of Divvy Homes, a rent-to-own startup, showcases its aggressive approach to expanding its portfolio. This latest move with Angel Oak is another piece of the puzzle in Brookfield’s quest for dominance in the financial sector.
Meanwhile, in the realm of data centers, Ascenty is making waves. Recognized by Frost & Sullivan as the 2024 Latin American Company of the Year, Ascenty is the largest provider of data center and connectivity services in the region. With 34 data centers across Brazil, Chile, Mexico, and Colombia, the company is well-positioned to meet the growing demand for digital infrastructure.
Ascenty’s proprietary fiber-optic network spans 5,000 kilometers, connecting its facilities and providing critical connectivity for local and global businesses. This extensive network is a lifeline for companies navigating the complexities of the digital economy. Ascenty’s focus on sustainability and customer service sets it apart in a crowded market. The company has operated 100% carbon-neutral data centers since 2021, a testament to its commitment to environmental responsibility.
The company’s colocation services are tailored to meet diverse client needs. Whether a business requires a single rack or an entire data center, Ascenty offers secure and adaptable solutions. Its infrastructure is designed for high performance, with features like liquid cooling and high-density racks. This attention to detail ensures that clients receive optimal service availability and support.
Ascenty’s partnerships with Brookfield Infrastructure Partners and Digital Realty bolster its position in the market. These alliances provide the resources and expertise needed to expand its operations and enhance service offerings. As businesses increasingly rely on cloud services and digital solutions, Ascenty is poised to capitalize on this trend.
The recognition from Frost & Sullivan is not just a badge of honor; it reflects Ascenty’s strategic vision and execution. The company’s commitment to innovation and customer satisfaction has earned it a reputation as a trusted partner in the data center industry. As the digital landscape continues to evolve, Ascenty’s proactive approach to cybersecurity and sustainability will be crucial in maintaining its competitive edge.
Both Brookfield’s investment in Angel Oak and Ascenty’s recognition as a market leader highlight a broader trend in the financial and technology sectors. Companies are increasingly seeking strategic partnerships to enhance their offerings and expand their reach. In a world where agility and adaptability are paramount, these moves are a testament to the power of collaboration.
As we look to the future, the implications of these developments are profound. For Angel Oak, the partnership with Brookfield could mean accelerated growth and innovation in the mortgage space. For Ascenty, the recognition as a leader in data center services positions it for long-term success in a rapidly changing market.
In conclusion, the landscape of finance and technology is shifting. Brookfield’s acquisition of Angel Oak and Ascenty’s accolades are just the beginning. As these companies navigate their respective paths, they will undoubtedly shape the future of their industries. The interplay between investment and innovation will continue to drive growth, creating new opportunities for businesses and consumers alike. The future is bright, and those who adapt will thrive.