Brookfield Asset Management hires fintech veteran

Brookfield appointmentCanadian investment firm Brookfield Asset Management has bolstered its fintech credentials after hiring the former head of Worldpay.

The firm has appointed Ron Kalifa as vice chair and head of financial infrastructure investments. He led the online payments firm for over a decade, overseeing its IPO and its acquisition by Vantiv in 2017 for $10.4 billion.

Kalifa has also held multiple roles within the UK’s financial and fintech markets, serving as a non-executive director for the Bank of England and also leading an independent fintech review for the UK government.

According to Brookfield AM, the appointment of Kalifa is part of its financial infrastructure strategy to identify opportunities in digital assets and services. The firm has invested more than $5 billion in financial infrastructure companies to date.

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