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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.
Fee-related earnings reached a record $698 million, up 26% year-over-year.
Net income attributable to BAM grew to $581 million, a 32% increase from Q1 2024.
$25 billion was raised in capital during the quarter, supporting growth in real estate and credit platforms.
Distributable earnings rose to $654 million despite higher taxes.
Brookfield is well-positioned to capitalize on long-term investment megatrends, supported by robust fundraising and a strong pipeline.