Brookfield Asset Management Q1 Earnings Call Highlights

1 week ago 7

MarketBeat

Sat, May 9, 2026 astatine 8:04 AM CDT 7 min read

Brookfield Asset Management logo

Brookfield Asset Management logo

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Brookfield Asset Management (NYSE:BAM) reported higher first-quarter fee-related net and said it expects 2026 to beryllium a grounds twelvemonth for fundraising, supported by ample superior mandates, flagship money launches and the pending afloat integration of Oaktree.

Chief Executive Officer Connor Teskey said fee-related net roseate 11% successful the 4th to $772 million, portion distributable net totaled $702 million. Fee-bearing superior accrued 12% implicit the past 12 months to $614 billion. Brookfield raised $21 cardinal during the quarter, and Teskey said year-to-date fundraising stood astatine $67 cardinal erstwhile including fundraising tied to the Just Group mandate and the firm’s flagship backstage equity fund.

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“2026 volition not lone beryllium a grounds twelvemonth for Brookfield, but 1 wherever we expect to transcend our semipermanent maturation targets,” Teskey said. He added that the institution continues to expect 2026 to beryllium its largest fundraising twelvemonth ever.

Fundraising Momentum Builds Across Strategies

Chief Financial Officer Hadley Marshall said Brookfield’s $21 cardinal of first-quarter fundraising was driven by complementary strategies and security inflows. The infrastructure concern raised $3.4 billion, including $800 cardinal for its Super-Core Infrastructure strategy and $800 cardinal for its infrastructure backstage wealthiness strategy. The backstage equity concern raised $1.4 billion, including $1 cardinal for a backstage equity peculiar situations strategy.

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