Brookfield Hunts for Buyouts With Record $110 Billion to Spend

Brookfield Asset Management Inc. has more than $110 billion to invest and is eagerly eyeing deal opportunities, including buyouts of mispriced public companies.

“There cannot be a better time to be a value investor,” Anuj Ranjan, managing partner and head of business development at Brookfield, said in a Bloomberg Television interview Thursday. “This environment actually limits competition and creates a ton of opportunity. It’s an opportune time to have that kind of dry powder.”

Toronto-based Brookfield has been focusing on cash-generative businesses and invested some $30 billion in the past 18 months, Ranjan said. Recent acquisitions include UK household ...