Adam Sachs
About Adam Sachs
Adam R. Sachs is Chief Compliance Officer (CCO) of Brookfield Real Assets Income Fund Inc. (RA), serving since 2017; he is also a Director of Brookfield Public Securities Group LLC (the Adviser) since 2017 and previously served as CCO of Brookfield Investment Management (Canada) Inc. from 2017–2023 . He was born in 1984 and, as an officer employed by the Adviser rather than the Fund, his compensation details are not disclosed in RA’s proxy; the Fund states it pays no remuneration to officers who are employees of the Adviser . Fund-level performance metrics tied to his compensation (e.g., TSR, revenue/EBITDA growth) are not disclosed for officers of RA .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Brookfield Real Assets Income Fund Inc. (RA) | Chief Compliance Officer | 2017–Present | Administers the Fund’s compliance program and regularly reports to the Board on compliance and operational risk . |
| Brookfield Public Securities Group LLC (Adviser) | Director | 2017–Present | Officer employed by the Adviser; Fund discloses officers are Adviser employees (no Fund remuneration) . |
| Brookfield Investment Management (Canada) Inc. | Chief Compliance Officer | 2017–2023 | Prior CCO role within Brookfield; impact beyond title not further disclosed in RA filings . |
External Roles
| Organization | Role | Years/Date | Strategic Impact |
|---|---|---|---|
| Brookfield Real Assets Income Fund Inc. | Appointed proxy holder for RA’s 2025 Annual Meeting | May 15, 2025 | Authorized to vote proxies for stockholders at RA’s Annual Meeting . |
| Brookfield Real Assets Income Fund Inc. | Attorney-in-fact appointment (Form 3 power of attorney exhibit) | May 5, 2025 | Authorized to execute Section 16 filings and related documents on behalf of RA . |
Fixed Compensation
- The Fund pays no remuneration to persons who are officers or employees of the Adviser; officers’ compensation is paid by the Adviser and is not detailed in RA’s proxy .
- The Fund does not have a pension or retirement plan; compensation detail is provided only for Independent Directors (retainers and chair fees), not for officers .
Performance Compensation
- No disclosure of officer incentive plans, target bonus, RSUs/PSUs, options, or performance metrics tied to officer pay appears in RA’s proxy, consistent with the structure where officers are Adviser employees rather than Fund employees .
Equity Ownership & Alignment
| Metric | As of Record Date | Value |
|---|---|---|
| Outstanding Shares | April 4, 2025 | 55,254,696 . |
| Beneficial ownership by Directors and officers as a group | April 4, 2025 | Less than 1% of outstanding shares . |
- Individual officer holdings (including Adam Sachs), pledging, hedging, and ownership guideline compliance are not itemized in RA’s proxy; only the group-level ownership is disclosed .
- RA has adopted a Code of Ethics applicable to Directors and officers; the proxy notes no orders or judgments restraining officers or Directors in securities-related matters .
Employment Terms
- Officers are elected by the Board, serve at the discretion of the Board until a successor is elected or until resignation or removal; no Fund-level employment contracts, severance provisions, or change-of-control economics for officers are disclosed .
- The CCO administers RA’s compliance program and reports to the Board as part of risk oversight, reflecting core responsibilities in compliance and operational risk reporting .
- No disclosures of non-compete, non-solicit, garden leave, clawbacks, tax gross-ups, or deferred compensation for officers appear in RA’s proxy .
Investment Implications
- Compensation alignment and pay-for-performance signals at the Fund level are limited because RA does not pay or disclose officer remuneration; Adam Sachs’ compensation is paid by the Adviser, and RA provides no details on bonuses, equity awards, or performance metrics for officers .
- Equity alignment via Fund ownership appears modest at the group level (<1% owned by Directors and officers as a whole), and individual officer holdings (including Adam Sachs) are not disclosed, reducing visibility into insider alignment and potential selling pressure .
- Governance trust is evidenced by Sachs’ appointment as a proxy holder for the Annual Meeting and as attorney-in-fact for Section 16 filings, underscoring a central role in compliance and proxy processes rather than investment decision-making—this typically yields limited direct trading signals for portfolio construction .