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bruce flatt

T3 · host / generalist

Built Brookfield into one of the world's largest alternative asset managers with $850B AUM over 20+ years; known for long-term value investing in infrastructure, renewables, real estate, and private equity.

7 calls·7 names·86% bull·last heard 3 years ago·In Good Company with Nicolai Tangen
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1sthigh conviction
$BROOKFIELD-GLOBAL-TRANSITION-FUNDBrookfield Global Transition Fundposition

Flatt: Transition Fund targets 15% returns on low-risk infrastructure backbone of energy transition

The fund invests in the backbone infrastructure of the energy transition (renewables, batteries, grid), targeting 15% compounded returns over 10-15 years with low risk; first fund raised $15B, second fund larger, 20% GP commit aligns interests.

In Good Company with Nicolai Tangen2023-12episode →
2ndhigh conviction
$BAMBrookfield Asset Managementposition

Flatt: Brookfield's operating heritage, global scale, and GP alignment differentiate it in private markets

Brookfield's 40-year operating history in real assets, 35-country platform, 20% GP co-invest, and permanent capital base allow it to execute long-term value creation (e.g., 10-year, $20B greening of Australian utility) impossible for public companies.

In Good Company with Nicolai Tangen2023-12episode →
3rdhigh conviction
$WESTINGHOUSE-ELECTRICWestinghouse Electric Companyposition

Flatt: Nuclear essential for energy transition, Westinghouse AP1000 and SMRs key

Nuclear energy is indispensable for full decarbonization because renewables have intermittency issues; Westinghouse's AP1000 large plants and upcoming 300MW/20MW small modular reactors offer safer, economic solutions.

In Good Company with Nicolai Tangen2023-12episode →

most discussed · click a bar to filter

  • $INTC
  • $BN
  • $BROOKFIELD-GLOBAL-TRANSITION-FUND
  • $BAM
  • $BROOKFIELD-PRIVATE-EQUITY-FUND

recurring themes

  • Private Markets8
  • Energy & Power Generation6
  • Nuclear Energy6
  • Grid & Power Infrastructure4
  • Data Center Infrastructure3
7 total
$INTC
···
Intel
MEDbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management
Brookfield building Intel fab in Arizona as part of semiconductor reshoring trend
Deglobalization is driving high-end semiconductor manufacturing back to the US; Brookfield is partnering with Intel to build a fabrication plant in Arizona, reflecting broader supply chain diversification away from single-country concentration.
"we're building intels an Intel Fab in Arizona with them Pharma at the very high end is moving back to countries because people are saying I want my vaccine manufacturing facility…"
10:59
$BN
···
Brookfield Corporation
HIGHbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management
Brookfield's transition fund targets 15% returns on low-risk infrastructure
Brookfield's energy transition fund raised $15B and is raising a larger second fund, targeting 15% returns compounding over 10-15 years by investing in the backbone of the energy transition — returns that are structurally unavailable in public markets.
"we started a transition fund three years ago it invests in the backbone of the transition so it's it's buying building uh infrastructure for the transition and the first uh pool o…"
6:14
$BROOKFIELD-GLOBAL-TRANSITION-FUND
Brookfield Global Transition Fund
HIGHbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management· position
Flatt: Transition Fund targets 15% returns on low-risk infrastructure backbone of energy transition
The fund invests in the backbone infrastructure of the energy transition (renewables, batteries, grid), targeting 15% compounded returns over 10-15 years with low risk; first fund raised $15B, second fund larger, 20% GP commit aligns interests.
"we started a transition fund three years ago it invests in the backbone of the transition so it's it's buying building uh infrastructure for the transition and the first uh pool o…"
6:20
$BAM
···
Brookfield Asset Management
HIGHbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management· position
Flatt: Brookfield's operating heritage, global scale, and GP alignment differentiate it in private markets
Brookfield's 40-year operating history in real assets, 35-country platform, 20% GP co-invest, and permanent capital base allow it to execute long-term value creation (e.g., 10-year, $20B greening of Australian utility) impossible for public companies.
"we came from an operating background as industrial owners of businesses and therefore are these are businesses that we run so when we say we're in a business often we've been in t…"
25:34
$BROOKFIELD-PRIVATE-EQUITY-FUND
Brookfield Private Equity Fund
MEDbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management· position
Flatt: PE fund uses co-investment model, 70% direct to partners with lower fees
Brookfield's private equity fund generates large co-investment opportunities allowing institutional partners to invest directly alongside the fund with reduced fees, exemplified by a recent payments company acquisition where 70% went to co-investors.
"we just bought a payments company uh in our private Equity business and uh 30% of the money went in our fund and 70% of it went directly to uh our partners in the fund as co-inves…"
33:46
$WESTINGHOUSE-ELECTRIC
Westinghouse Electric Company
HIGHbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management· position
Flatt: Nuclear essential for energy transition, Westinghouse AP1000 and SMRs key
Nuclear energy is indispensable for full decarbonization because renewables have intermittency issues; Westinghouse's AP1000 large plants and upcoming 300MW/20MW small modular reactors offer safer, economic solutions.
"we own Westinghouse electric uh the nuclear business and I think there's no uh full transition without nuclear energy around the world and and the good news is our big plants uh t…"
3:31
$BROOKFIELD-TRANSITION-FUND
Brookfield Global Transition Fund
HIGHbruce flatt·In Good Company with Nicolai Tangen·3 years ago·Bruce Flatt – CEO of Brookfield | In Good Company | Norges Bank Investment Management· position
Flatt: Transition fund targets 15% returns, low risk, raising second fund >$15B
The fund invests in backbone transition infrastructure (renewables, batteries, grid) targeting 15% compounded returns over 10-15 years with low risk, funded by institutional investors globally.
"our uh we started a transition fund three years ago it invests in the backbone of the transition so it's it's buying building uh infrastructure for the transition and the first uh…"
6:20
9
Energy & Power Generationtailwind
Flatt: Renewables now lowest-cost power globally, economics driving transition
Wind and solar are now the cheapest energy sources in nearly every country, making decarbonization economically driven rather than policy-driven; battery cost curves solving intermittency.
9
Nuclear Energytailwind
Nuclear power indispensable for net zero due to renewables intermittency
Wind and solar cannot fully decarbonize the grid due to intermittency (wind blows at night, sun shines by day); nuclear provides essential baseload power, and small modular reactors (300MW and 20MW) are becoming economic and safer, making nuclear the critical enabler of full energy transition.
9
Nuclear Energytailwind
Nuclear power mandatory for net zero, SMRs approaching economic viability
Wind and solar cannot fully decarbonize due to intermittency; nuclear provides baseload power. Westinghouse's AP1000 and upcoming 300MW/20MW small modular reactors will be buildable with less risk and competitive economics, making nuclear a core pillar of the energy transition.
9
Nuclear Energytailwind
Nuclear power indispensable for net zero, SMRs reaching economic viability
Full energy transition requires nuclear baseload to solve renewables intermittency; Westinghouse's AP1000 and new 300MW/20MW small modular reactors are becoming safer and economic, removing historical barriers to nuclear deployment.
9
Nuclear Energytailwind
Flatt: Nuclear indispensable for net zero, SMRs and AP1000 reactors solving safety and economics
Full decarbonization requires nuclear baseload to complement intermittent renewables; Westinghouse's AP1000 and upcoming 300MW/20MW SMRs offer improving economics and safety, making nuclear investable again after decades of reputational headwinds.
9
Energy & Power Generationtailwind
Renewables now lowest-cost energy globally, economics driving corporate procurement
Solar and wind are cheapest new generation in almost every country, making decarbonization an economic choice not just policy-driven; tech giants like Microsoft procure massive green power for AI data centers and net-zero commitments.
9
Data Center Infrastructuretailwind
Flatt: AI driving unprecedented data center demand, all powered by renewables
Data center capacity demand for AI/ML training is unprecedented; Brookfield provides fiber, towers, and data centers, with renewables now supplying most new capacity as tech giants like Microsoft commit to 100% green power.
9
AI Infrastructuretailwind
Unprecedented data center demand for AI training driving massive green power procurement
Large language model training creates unprecedented data center capacity demand (potentially 3.5% of global electricity); hyperscalers commit to 100% renewable power, creating massive long-term offtake for green energy and digital infrastructure (fiber, towers, data centers).