Finance

Brookfield Shutters Venture Unit That Helped Elon Musk Buy Twitter

  • Brookfield Growth managing partner Josh Raffaelli left firm
  • Division contributed $250 million to 2022 Twitter buyout
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Brookfield Asset Management has quietly shuttered its venture capital-focused arm Brookfield Growth, according to people with knowledge of the matter.

Brookfield Growth Managing Partner Josh Raffaelli left the firm as part of the pivot, said the people, who asked not to be identified discussing private information.