BRASCAN ASSET MANAGEMENT

In January 2005, Brookfield Asset Management Inc. completed an amalgamation with its wholly-owned financial services subsidiary, Brascan Financial Corporation. Brascan Financial Corporation and its subsidiaries provide asset management services in Canada. The company focuses its activities on industries that require capital, such as real estate, natural resources, energy, and financial services. Brascan has three segments: Asset Management, Real Estate Services, and Investments. Asset Management... segment includes alternative investment funds, structured financial products, investment funds, traditional fixed income and equity funds, and specialty reinsurance activities. Real Estate Services segment comprise property brokerage, move management, property appraisals, and home transaction closing services. Investments segment include assets. Its customers primarily comprise governments, institutions, and corporations. The company was founded in 1982. It was formerly known as Trilon Financial Corporation and changed its name to Brascan Financial Corporation in 2002. The company is headquartered in Toronto, Canada. Brascan Financial Corporation operates as a wholly owned operating unit of Brascan Corporation, as June 2004.More