Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its private equity group.[3] It was formed through a spin-off from Brookfield Asset Management (now named Brookfield Corporation) in June 2016.[3]
History
Its units trade on the Toronto Stock Exchange (BBU.UN) and New York Stock Exchange (BBU). Brookfield Business Partners is led by Chief Executive Officer Anuj Ranjan who joined Brookfield Asset Management in 2006, and leads its global private equity group, and is a managing partner of the parent company.[4][5] Cyrus Madon, who joined Brookfield in 1998, is executive chairman.