{"id":960349,"date":"2026-05-08T06:48:34","date_gmt":"2026-05-08T10:48:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-asset-management-announces-strong-first-quarter-results-2\/"},"modified":"2026-05-08T06:48:34","modified_gmt":"2026-05-08T10:48:34","slug":"brookfield-asset-management-announces-strong-first-quarter-results-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-asset-management-announces-strong-first-quarter-results-2\/","title":{"rendered":"Brookfield Asset Management Announces Strong First Quarter Results"},"content":{"rendered":"
\n

\n Fundraised $21 Billion in the First Quarter; $67 Billion Year-to-Date <\/em>\n <\/p>\n

\n LTM Fee-Related Earnings of $3.1 Billion, Up 18% Year-Over-Year<\/em>\n <\/p>\n

\n Quarterly Fee-Related Earnings of $772 Million, Up 11% Year-Over-Year<\/em>\n <\/p>\n

NEW YORK, May 08, 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\u00a0$1 trillion of assets under management, today announced financial results for the quarter ended March 31, 2026.<\/p>\n

Connor Teskey, CEO of Brookfield Asset Management, stated, \u201cWe expect 2026 to be a very strong year, with growth exceeding our long-term targets. Both our infrastructure and private equity flagships that are currently in the market are expected to be their largest vintages ever. We are also benefitting from both the acquisition of Oaktree and the recently awarded Just Group investment mandate, which started in the second quarter. We raised $21 billion in the quarter, and $67 billion year-to-date, inclusive of the Just Group mandate and our private equity flagship initial first close, which in total is more than half of capital raised in 2025.\u201d<\/p>\n

He continued, \u201cWe are off to a strong start for the year, with first quarter fee-related earnings growing 11% to $772 million, supported by our strength in real assets and our complementary strategies currently in the market. Our leading positions in infrastructure, energy, real estate, and essential services-focused private equity are well suited to this environment and enable us to deliver strong performance and outsized growth.<\/p>\n

\u201cWe have significant capital available to deploy as opportunities emerge, market leading positions in the fastest growing alternatives segments, and limited exposure to areas of market stress. The full integration of Oaktree\u2019s preeminent opportunistic credit franchise, coupled with our disciplined investment approach, positions us well to capitalize on any dislocation in credit markets.\u201d<\/p>\n

\n Common Dividend Declaration<\/strong>\n <\/p>\n

The board of directors of BAM declared a quarterly dividend of $0.5025 per share, payable on June 30, 2026, to shareholders of record as of the close of business on May 29, 2026.<\/p>\n

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

In the first quarter, we delivered strong results, driven by capital inflows and deployment of capital.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\n Unaudited<\/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 For the periods ended
<\/em>\n <\/td>\n		\n
\n March 31
<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n March 31
<\/em>\n <\/td>\n		\u00a0<\/td>\n\n
\n March 31
<\/em>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n March 31
<\/em>\n <\/td>\n<\/tr>\n
\n (US$ millions, except per share amounts)<\/em>\n <\/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\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 earnings<\/strong>
\n
\n 1<\/strong>
\n <\/sup>\n <\/td>\n		\n $<\/strong>\n <\/td>\n\n 772<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n698<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 3,069<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n2,602<\/td>\n<\/tr>\n
\n Fee-related earnings per share<\/p>\n

<\/em>\n <\/td>\n

\n $<\/strong>\n <\/td>\n\n 0.48<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n0.43<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 1.89<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n1.60<\/td>\n<\/tr>\n
\n Distributable earnings<\/strong>
\n
\n 1<\/strong>
\n <\/sup>\n <\/td>\n		\n $<\/strong>\n <\/td>\n\n 702<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n654<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 2,743<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n2,470<\/td>\n<\/tr>\n
\n Distributable earnings per share<\/p>\n

<\/em>\n <\/td>\n

\n $<\/strong>\n <\/td>\n\n 0.43<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n0.40<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 1.69<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n1.51<\/td>\n<\/tr>\n
\n Net income<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 586<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n507<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 2,477<\/strong>\n <\/td>\n\u00a0<\/td>\n$<\/td>\n2,242<\/td>\n<\/tr>\n
\n See endnotes<\/em>\n <\/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
\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<\/table>\n

Net income was $586 million in the quarter and $2.5 billion over the last twelve months.<\/p>\n

Fee-related earnings (\u201cFRE\u201d) increased 11% to $772 million or $0.48 per share for the quarter and 18% to $3.1 billion, or $1.89 per share over the last twelve months.<\/p>\n

Distributable earnings (\u201cDE\u201d) were $702 million, or $0.43 per share in the quarter and\u00a0$2.7 billion, or $1.69 per share over the last twelve months, up 7% and 11%, respectively.<\/p>\n

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

Fee-bearing capital grew to $614 billion, up 12% year-over-year, driven by $108 billion of fundraising in the past twelve months. Our quarterly fundraising of $21 billion was driven largely by complementary strategies and continued growth in insurance inflows. Our private equity flagship strategy is completing its first close, having already raised $6 billion. The sixth vintage of our infrastructure flagship, our largest closed-end strategy, also launched in the first quarter. Both funds are well positioned to be meaningful contributors to fundraising over the balance of the year.<\/p>\n

We have seen robust capital deployment, as the market environment for investment remains strong. In the quarter, we deployed or committed to deploy $34 billion across our business. At the same time, we sold a number of attractive investments at strong valuations, monetizing\u00a0$8 billion in the quarter, while also advancing a number of monetization transactions.<\/p>\n

Highlights of our activities across each of our business groups in the first quarter include:\u00a0<\/p>\n

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