Brookfield Earnings Reports

Brookfield Asset Management reported a strong first quarter with record fee-related earnings and $25 billion in capital raised. Net income surged to $581 million, driven by performance across real estate and credit strategies.

Brookfield Asset Management reported strong Q4 2024 results, driven by record fundraising and increased fee-related earnings. Net income for the quarter surged to $688 million, while fee-related earnings grew 17% year-over-year to $677 million. The company deployed $16 billion in capital and raised $29 billion during the quarter, further strengthening its asset management business.