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Brookfield Asset Management posts 11% FRE growth as fundraising hits $67bn year-to-date

Brookfield Asset Management (BAM) delivered a strong set of first quarter 2026 results, with fee-related earnings (FRE) rising 11% year-on-year to $772m, or $0.48 per share.

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Andreea Melinti's avatar
Private Equity Insights and Andreea Melinti
May 11, 2026
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Distributable earnings came in at $702m for the quarter, up 7% year-on-year, and $2.7bn over the LTM, up 11%.

Net income was $586m in the quarter and $2.5bn over the last twelve months. Fee-bearing capital grew 12% year-on-year to $614bn, supported by

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