Brookfield’s Connor Teskey on the Real Bottleneck in the AI Buildout

Global energy and infrastructure demand currently faces a historic supply-demand imbalance, driven by rapid reindustrialization, electrification, and the expansion of AI. Connor Teskey, CEO of Brookfield Asset Management, identifies this energy scarcity as the primary bottleneck for major corporations and nations. While AI infrastructure is a dominant theme, sovereign states are increasingly acting as key off-takers in Europe and beyond to secure national productivity. Brookfield prioritizes operational expertise alongside capital, focusing on projects that offer downside protection and asymmetric upside. The firm maintains a decentralized investment approach, empowering local teams to execute while centralizing capital allocation. As private markets continue to outperform public indices, the alternatives industry expects sustained growth, particularly as individual investors begin to increase their historically low allocations to private assets, seeking the stability and diversification that these investments provide.