Brookfield Asset Management Announce Q2 Results
The New York-headquartered Brookfield Asset Management (BAM), a leading global alternative asset manager with over $1 trillion of assets under management (AUM) on Wednesday said that fee-bearing capital reached $563 billion at the end of the second quarter, up 10%, or $49 billion over the last twelve months.
Announcing the financial results for Q2-2025, the company said that fee-bearing capital benefited from strong capital raising by its partner managers and numerous complementary funds, and active deployments, especially in its credit funds. Fee-bearing capital also benefitted from strong insurance capital inflows and market recovery of the share prices of our listed affiliates.
On the back of this growth, fee-related earnings were $676 million ($0.42/share) for the quarter and $2.7 billion ($1.65/share) over the last twelve months, up 16% and 18% over the same periods in the prior year, respectively.
The distributable earnings were $613 million ($0.38/share) for the quarter and $2.5 billion ($1.56/ share) over the last twelve months, up 12% and 13% over the same periods in the prior year, respectively.
Fundraising
BAM has raised $22 billion in the second quarter, nearly 70% of which came from complementary strategies. Fundraising highlights for the quarter such as $1.5 billion in renewable power & transition including over $800 million for the second vintage of the company’s global transition flagship fund, bringing the capital raised to date for the strategy to over $15 billion.
In infrastructure, the company raised $1.7 billion of capital, including over $1 billion in its supercore infrastructure strategy, our strongest quarter in over three years. In private equity, BAM raised $1.3 billion, including over $500 million in its special investments’ strategy, and expect to be out soon with the next vintage of their flagship fund.
In real estate, the company mopped up $1.8 billion of capital, including $500 million for the fifth vintage of the flagship fund strategy and its associated geographic sleeves.
In credit, BAM raised $16 billion of capital including over $10 billion across the company’s credit partner managers and $4.4 billion from insurance accounts. Additionally, BAM expects to hold a first close for the fourth vintage of its infrastructure mezzanine debt strategy shortly, which would bring total capital raised to-date to $4 billion.
BAM President Connor Teskey said that the Q2 results highlighted the continued momentum and strength of their business. We have announced sales of over $55 billion of assets to date in 2025, demonstrating the robust demand for great businesses in sectors where we hold leadership positions.
He added: “As the secular trends of decarbonisation, deglobalisation, and digitalisation continue to accelerate, we are extending our leadership by forming large-scale, proprietary investment partnerships with governments, corporates and institutions. These themes are driving significant investment activity and fundraising momentum, positioning us to deliver strong long-term value for both our clients and our shareholders.”
Regular Dividend Declaration
The board of directors of BAM declared a quarterly dividend of $0.4375 per share, payable on 29 September 2025, to shareholders of record as of the close of business on 29 August 2025.
