Brookfield Chases Rivals for Private Equity’s New Money-Spinner
Sachin Shah is leading the giant Canadian investment firm into a business that’s earned rich rewards for its private equity peers.
Brookfield’s Manhattan West development in New York.
Photographer: AP Photo/David Boe
Sachin Shah, a senior executive at Canadian investment giant Brookfield, could not contain his frustration.
Shah was in the company’s Toronto headquarters listening to a presentation by a group of employees who’d flown in from Brazil. The numbers were good, but Shah was annoyed by the team members’ style and even accused them of lying, according to a person familiar with the event who asked not to be named discussing internal matters. The next morning, at the Shangri-La hotel where the company was having an off-site meeting, Shah fired the team’s head and sent him back home.