Brookfield Asset Management Private Institutional Capital Adviser (Credit), LLC, a Delaware limited
liability company, provides investment advisory services to certain public and private investment
vehicles and programs that Brookfield currently manages and participates in, and may in the future
manage and participate in, including co-investment vehicles, sidecar vehicles, separate accounts, region-
specific vehicles, strategy-specific vehicles, sector-specific vehicles and Brookfield proprietary accounts
(collectively with the Related-Party Investor (as defined herein), “Brookfield Accounts”). BAM PIC Credit
is an indirect subsidiary of Brookfield Asset Management Ltd. (“Brookfield Asset Management” or
“BAM”) and Brookfield Corporation (formerly Brookfield Asset Management Inc.), both publicly traded
corporations. In this Brochure, “Brookfield” shall mean Brookfield Corporation and any subsidiary of
Brookfield Corporation which, unless the context requires otherwise, includes BAM. Brookfield is a global
alternative asset manager that owns and operates assets and offers investment strategies (including
through its Brookfield Accounts), with a focus on real estate, infrastructure and sustainable resources,
renewable power, and private equity mainly to institutional investors. BAM PIC Credit has
been serving
as an investment adviser to Brookfield Accounts since 2014.
Among other things, Brookfield identifies investment opportunities for Brookfield Accounts and
participates in the acquisition, management, monitoring and disposition of such investments using an
operations-oriented approach, as described in more detail under “Methods of Analysis, Investment
Strategies and Risk of Loss” in Item 8 below. Investment advice is provided directly to Brookfield
Accounts and not individually to the investors in Brookfield Accounts (the “Investors”).
Brookfield tailors the investment advisory services provided to each Brookfield Account based on the
Brookfield Account’s investment objectives, as set out in the investment management agreements,
limited partnership agreements, private placement memoranda and/or other governing documents for
each such Brookfield Account (collectively, the “Governing Documents”). The terms of the Governing
Documents may differ from Brookfield Account to Brookfield Account and Investors could impose
restrictions on certain types of investments by a Brookfield Account for tax, regulatory, or other reasons.
Brookfield does not participate in any wrap fee programs.
As of December 31, 2022, BAM PIC Credit had $ 800,974,062 in regulatory assets under management.