Brookfield Asset Management Ltd - Ordinary Shares - Class A

Strong Earnings Growth: Brookfield Asset Management reported record fee-related earnings (FRE) of $698 million for Q1 2025, reflecting a 26% year-over-year increase. Distributable earnings (DE) reached $654 million, up 20% year-over-year. Fee-bearing capital stands at approximately $550 billion, a 20% increase from the previous year, showcasing the strength and expansion of their business model.

Successful Fundraising Despite Market Challenges: The company raised $25 billion in the first quarter alone, contributing to over $140 billion in capital inflows over the past year. They successfully closed $16 billion in commitments for their flagship real estate strategy, which is on track to be the largest ever for this fund, demonstrating strong demand even in a challenging fundraising environment for real estate.

Active Deployment and Monetization Strategies: Brookfield deployed $16 billion into global opportunities and sold $22 billion in assets, generating $9 billion of equity proceeds. They emphasize the importance of this activity in a volatile market, as periods of uncertainty can present compelling entry points for investments.