{"id":1018284,"date":"2026-11-06T07:07:11","date_gmt":"2026-11-06T12:07:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-asset-management-announces-strong-third-quarter-results\/"},"modified":"2026-11-06T07:07:11","modified_gmt":"2026-11-06T12:07:11","slug":"brookfield-asset-management-announces-strong-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-asset-management-announces-strong-third-quarter-results\/","title":{"rendered":"Brookfield Asset Management Announces Strong Third Quarter Results"},"content":{"rendered":"
\n

\n Fundraised $25 Billion in the Third Quarter; $123 Billion Year-to-Date<\/em>\n <\/p>\n

\n Quarterly Fee-Related Earnings of $864 Million, Up 15% Year-Over-Year<\/em>\n <\/p>\n

\n Quarterly Distributable Earnings of $763 Million, Up 15% Year-Over-Year<\/em>\n <\/p>\n

NEW YORK, Nov. 06, 2026 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (\u201cBAM\u201d), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the quarter ended September 30, 2026.<\/p>\n

Connor Teskey, CEO of Brookfield Asset Management, stated, \u201cOur business continues to benefit from our leading positions in the largest and fastest growing segments of the alternatives market. Year-to-date fundraising reached $123 billion, and fee-bearing capital grew 13% over the past year to $682 billion, driving fee-related earnings up 15% to $864 million.”<\/p>\n

He continued, \u201cOur fundraising is showing no signs of slowing down and is indicative of the record-level of activity we are seeing across our business. Within our infrastructure group alone, we have received approximately $50 billion of commitments to our strategies in the past year. Our focus on long-duration inflation linked real assets is driving steady growth through economic cycles, while our leadership positions and access to capital allow us to invest at scale into the most attractive global opportunities.\u201d<\/p>\n

\n Financial Results<\/strong>\n <\/p>\n

In the third quarter, we delivered strong results, driven by capital inflows and strong deployment.<\/p>\n

Results reflect the previously announced new presentation for our partner managers.1<\/sup><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\n Unaudited<\/em>
\n
\n For the periods ended<\/em>
\n
\n (US$ millions, except per share amounts)<\/em>\n <\/td>\n		\n Three Months Ended<\/em>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/em>\n <\/td>\n<\/tr>\n
\n
\n Sept 30<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Sept 30<\/em>\n <\/td>\n\u00a0<\/td>\n\n
\n Sept 30<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Sept 30<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n
\n 2026<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n
\n 2026<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/em>\n <\/td>\n<\/tr>\n
\n Fee-related earnings2<\/sup><\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 864<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n754<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 3,311<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n2,805<\/td>\n<\/tr>\n
\n Fee-related earnings per share<\/em>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 0.54<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n0.46<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 2.05<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n1.72<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Distributable earnings<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 763<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n661<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 2,939<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n2,577<\/td>\n<\/tr>\n
\n Distributable earnings per share<\/em>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 0.47<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n0.41<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 1.82<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n1.58<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net income<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 2,999<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n692<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 5,372<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n2,463<\/td>\n<\/tr>\n<\/table>\n

\n See endnotes for additional details.<\/em>\n <\/p>\n

Net income was $3.0 billion in the quarter and $5.4 billion over the last twelve months, including a $2.0 billion non-cash gain on our acquisition and consolidation of Oaktree.<\/p>\n

Fee-related earnings (\u201cFRE\u201d) were $864 million, or $0.54 per share, in the quarter and $3.3 billion, or $2.05 per share, over the last twelve months, up 15% and 18% respectively compared to the same period in the prior year.<\/p>\n

Distributable earnings (\u201cDE\u201d) were $763 million, or $0.47 per share, in the quarter and $2.9 billion, or $1.82 per share, over the last twelve months, up 15% and 14%, respectively compared to the same period in the prior year.<\/p>\n

\n Operating Results<\/strong>\n <\/p>\n

Fee-bearing capital grew to $682 billion, up 13% year-over-year, driven largely by the $157 billion we have raised over the last twelve months and reflecting broad-based strength across the franchise.<\/p>\n

Infrastructure remains one of the most attractive asset classes in private markets. Our franchise continues to lead the market, and in recent years we have expanded beyond our flagship infrastructure strategy into a broader range of complementary strategies to meet investor demand. As a result, fundraising has accelerated significantly, with approximately $50 billion raised or committed across our infrastructure strategies over the past year.<\/p>\n

This includes $26 billion committed to our flagship infrastructure strategy to date, ahead of a first close expected in the coming weeks. In addition, our evergreen private wealth and super-core strategies generated record combined inflows of approximately $11 billion, and our AI infrastructure fund and infrastructure debt strategy have received $10 billion in commitments during the past year.<\/p>\n

In private equity, we have raised $14 billion since September 30, 2025, representing a record pace for the business and reflecting strong demand for investments in industrial and essential services. Our private wealth strategy for private equity launched last year, and client commitments are ramping up. In addition, Oaktree continues to build momentum across its credit strategies, while the current rate environment provides a favorable backdrop for its opportunistic business.<\/p>\n

Our investment pipeline is among the strongest it has ever been. Our AI infrastructure fund is gaining significant traction, with a robust pipeline of AI factory projects in execution around the world, including the United States, Canada, Korea, France, and the United Kingdom. We continue to successfully monetize assets into strong market demand. In the third quarter, we invested $18 billion and monetized $12 billion.<\/p>\n

Also during the quarter, we realized meaningful carried interest for the first time since spinout. We realized $48 million of carried interest in the third quarter, net of all costs, from the monetization of technology and private equity investments.<\/p>\n

Highlights of our activities across each of our business groups in the third quarter include:<\/p>\n

\n
\n Infrastructure<\/em>
\n <\/strong>\n <\/p>\n