Brookfield and Investment Corporation of Dubai Announce Appointment of Douglas Kirkman in Dubai

Dubai, February 26, 2013 – Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) (Euronext: BAMA) and Investment Corporation of Dubai announced today that they have appointed Douglas Kirkman, Senior Vice President of the Brookfield Property Group, as chief executive officer of ICD-Brookfield Management Limited, which will be the manager of the ICD-Brookfield Dubai Real Estate Fund (under formation). He will be based in Dubai.

Prior to assuming his current position, Mr. Kirkman worked for the Blackstone Group, where he helped set up their Indian real estate business and led their drive into Turkey, among his other responsibilities in their European principal investing activities.

The ICD-Brookfield Dubai Real Estate Fund, once formed, will pursue opportunities in the Dubai real estate sector with a particular focus on development opportunities. The manager of the Fund is jointly owned by Brookfield Asset Management and Investment Corporation of Dubai.

Investment Corporation of Dubai is the investment arm of the government of Dubai and holds stakes in more than 30 companies, including Emaar Properties, developer of the world’s largest mall and tallest tower, and Emirates Airlines.

ICD contact:
Abdulla Al Qubaisi
Operations Director
Tel: +97147071344
Fax: +97147071444
Email: abdulla.alqubaisi@icd.gov.ae

Brookfield Asset Management Inc. is a global alternative asset manager with over $175 billion in assets under management. The company has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. It has a range of public and private investment products and services, which leverage its expertise and experience and provide Brookfield with a competitive advantage in the markets where it operates. Brookfield is co-listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A, respectively, and on NYSE Euronext under the symbol BAMA. For more information, please visit our website at www.brookfield.com.

Brookfield contact:

Media:
Andrew Willis
SVP, Communications & Media
Tel: (416) 369-8236  
Fax: (416) 363-2856
Email: andrew.willis@brookfield.com

 

Investors:
Katherine Vyse
SVP Investor Relations
Tel: (416) 369-8246  
Fax: (416) 363-2856
Email: katherine.vyse@brookfield.com

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