Brookfield’s Private Equity Chief Enjoys Busiest Start of a Year

Hello, it’s Dinesh Nair in London, catching up with the CEO of Brookfield’s private equity group, who discussed how the buyout world has been faring this year. Elsewhere, PepsiCo strikes a $2 billion deal while Chevron doubles down on its Hess takeover.

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Anuj Ranjan last year became the chief of Brookfield’s private equity group that manages $140 billion. He has set ambitious goals of tripling its size in the next five years. Just in the first quarter, his group completed a $4.5 billion dividend recap from Clarios and acquired electric heat trace system maker Chemelex for $1.7 billion. I sat down with Ranjan recently to talk about the industry landscape, dealmaking strategy and more. Here are some highlights from our chat. — Dinesh Nair