Brookfield Asset Management (BAM) announced strong third-quarter 2026 financial results, highlighted by significant fundraising and double-digit growth in key earnings metrics. The company's performance was driven by continued momentum in capital inflows, particularly within its infrastructure strategies, and was also impacted by the completed acquisition of the remaining interest in credit manager Oaktree.
Key Details
- Q3 2026 Financials: Fee-Related Earnings (FRE) rose 15% year-over-year to $864 million, and Distributable Earnings (DE) increased 15% to $763 million. Net income for the quarter was $3.0 billion, which includes a $2.0 billion non-cash gain from the Oaktree consolidation.
- Fundraising & Capital: The company raised $25 billion in the third quarter, bringing the year-to-date total to $123 billion. Fee-bearing capital grew 13% over the past year to $682 billion.
- Strategic Update & Dividend: BAM completed its acquisition of the remaining interest in Oaktree in July 2026. The board declared a quarterly dividend of $0.5025 per share, payable on December 31, 2026.