Record-Breaking Earnings Growth
Fee-related earnings reached a record $698 million for the quarter, up 26% year-over-year, while distributable earnings grew by 20% to $654 million.
Significant Capital Raising
Brookfield raised $25 billion in the quarter, bringing total inflows over the past year to more than $140 billion, with fee-bearing capital up 20% year-over-year to $550 billion.
Strong Deployment and Monetization
The company deployed $16 billion into opportunities globally and sold $22 billion of assets, generating $9 billion of equity proceeds during the quarter.
Successful Real Estate and Credit Strategies
Closed $6 billion of commitments for the flagship real estate strategy, making it the largest ever, and completed a $16 billion opportunistic credit strategy.
Expansion of Private Credit Business
Private credit AUM now exceeds $320 billion, with plans to double the size of the credit business over the next five years.
Strategic Partnerships and Acquisitions
Acquired a majority stake in Angel Oak and increased ownership in Oaktree, and announced a €20 billion AI infrastructure commitment with the French government.