earnings
confidence high
sentiment positive
materiality 0.85
Brookfield AM Q3: record FRE $754M (+17% YoY), raises $30B, to acquire remaining Oaktree stake
Brookfield Asset Management Ltd.
- Net income $724M (+33% YoY); FRE $754M ($0.46/sh, +17%); DE $661M ($0.41/sh, +7%).
- Record fundraising of $30B in Q3, $100B LTM; deployments $23B; fee-bearing capital $581B (+8% YoY).
- Announced acquisition of remaining 26% of Oaktree for ~$3.0B ($1.6B from BAM); expected close H1 2026.
- Declared quarterly dividend of $0.4375/sh, payable Dec 31, 2025 to shareholders of record Nov 28.
- Issued $750M of 30-yr notes at 6.077%; increased revolver capacity to $1.0B.