Brookfield Asset Management Ltd. Class A (TSE:BAM) has released an update.
Brookfield Asset Management Ltd. Class A reported a robust second quarter with assets under management reaching approximately $1 trillion. The company achieved record-breaking 12-month fundraising of $140 billion, driving fee-bearing capital to $514 billion, an increase of 17% from the previous year. Their private equity arm has been particularly successful, delivering exceptional returns and showcasing the firm’s expertise in operational value creation across multiple sectors.
For further insights into TSE:BAM stock, check out TipRanks’ Stock Analysis page.