Reports Q1 revenue $1.08B, consensus $1.31B. Connor Teskey, President of Brookfield Asset Management (BAM), stated, “Our earnings momentum continued as we had another strong quarter to start the year. Fee-related earnings grew 26% year-over-year, driven by more than $140B of capital raised over the past twelve months. The strength in real estate was remarkable, with $6B of inflows to our flagship strategy which, already at $16B, is now set to be our largest real estate strategy ever raised. We grew our leading private credit platform by expanding our capabilities and deepening partnerships to better serve our clients.”
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