Citing “people familiar with the matter,” the FT says the Toronto-based global property firm hired William Rushmer from London-headquartered CZ Capital.
Brookfield has been managing properties in Europe for over two decades and recently acquired 550 square feet. Foot office building in the City of London, home of the UK capital’s financial district.
However, Brookfield is one of the owners of Canary Wharf Group and many of its London-based operations are based in the development’s One Canada Square building. It is not known where the hedge fund business will be based.
It was also announced early Monday that one of Brookfield’s London properties would be home to a new flexible working proposal headed by a former WeWork executive.
Brookfield has not made any public comment about the alleged expansion of its hedge fund business.