Record Fundraising and Capital Deployment
Raised $30 billion in the third quarter, with total inflows of over $100 billion in the past 12 months, marking the highest pace of organic fundraising ever. Fee-bearing capital reached $581 billion, an 8% increase year-over-year.
Strong Earnings Growth
Quarterly fee-related earnings grew 17% over the past year to $754 million, and distributable earnings grew 7% to $661 million.
Acquisition of Oaktree Capital Management
Announced agreement to acquire the remaining 26% in Oaktree Capital Management, enhancing Brookfield's capabilities in the credit platform.
Launch of AI Infrastructure Fund
Launched a first-of-its-kind AI infrastructure fund, leveraging Brookfield's expertise in energy and digital infrastructure.
Strong Market Environment for Transactions
Global M&A volumes up nearly 25% year-over-year with $1 trillion of announced deals in the third quarter alone.
Momentum in Renewable Power
Final close of the second vintage of the global transition fund at $20 billion, making it the largest private fund ever dedicated to global energy transition.