** Shares of Insignia Financial IFL.AX rise as much as 2.5% to A$4.140, their highest since early-November 2021
** Canadian asset manager Brookfield BAM.TO mulls bid for Insignia Financial - media report
** Insignia Financial has already received offers from CC Capital Partners and Bain Capital; CC Capital's offer is higher than that of Bain Capital
** Money manager Insignia Financial says no proposals received from Brookfield
** Stock gained 51.7% last year
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))