Key Points – Brookfield posted solid Q1 growth, with fee-related earnings up 11% to $772 million and fee-bearing capital rising 12% year over year to $614 billion.
The company also raised $21 billion in the quarter and said 2026 is shaping up to be its biggest fundraising year ever. – Fundraising was broad-based across Brookfield’s platforms, led by $13 billion in credit inflows, plus gains in infrastructure, private equity and insurance-related capital
Management said partner managers are increasingly adding to earnings growth and that several recent fund closes exceeded targets. – Brookfield sees major tailwinds from AI, energy demand and the Oaktree integration. Management said AI infrastructure and rising power needs are creating large investment opportunities, while the pending Oaktree deal is expected to strengthen the credit platform and expand client offerings. – Atomic Dividends: Big Tech’s New Energy Bet Brookfield Asset Management (NYSE:BAM) reported higher first-quarter fee-related earnings and said it expects 2026 to be a record year for fundraising, supported by large capital mandates, flagship fund launches and the pending full integration of Oaktree. Chief Executive Officer Connor Teskey said fee-related earnings rose 11% in the quarter to $772 million, while distributable earnings totaled $702 million.
Fee-bearing capital increased 12% over the last 12 months to $614 billion. Brookfield raised $21 billion during the quarter, and Teskey said year-to-date fundraising stood at $67 billion when including fundraising tied to the Just Group mandate and the firm’s flagship private equity fund. “2026 will not only be a record year for Brookfield, but one where we expect to exceed our long-term growth targets,” Teskey said. He added that the company continues to expect 2026 to be its largest fundraising year ever.