(Il Sole 24 Ore Radiocor) - Milano, 8 mag - New York-based Brookfield Asset Management (BAM) said that in the first quarter of 2026 its net income rose to 586 million dollars from 507 million a year earlier.

Fee-related earnings increased 11% to 772 million dollars.

The company raised 21 billion dollars in funds in the quarter.

BAM declared a quarterly dividend of 0.5025 dollars per share, payable on June 30, to shareholders of record as of the close of business on May 29.

'We expect 2026 to be a very strong year, with growth exceeding our long-term targets. Both our infrastructure and private equity flagships that are currently in the market are expected to be their largest vintages ever. We are also benefitting from both the acquisition of Oaktree and the recently awarded Just Group investment mandate, which started in the second quarter. We raised 21 billion dollars in the quarter, and 67 billion dollars year-to-date, inclusive of the Just Group mandate and our private equity flagship initial first close, which in total is more than half of capital raised in 2025,' said Connor Teskey, the CEO.

'We have significant capital available to deploy as opportunities emerge, market leading positions in the fastest growing alternatives segments, and limited exposure to areas of market stress. The full integration of Oaktree's preeminent opportunistic credit franchise, coupled with our disciplined investment approach, positions us well to.

capitalize on any dislocation in credit markets.'

(RADIOCOR) 08-05-26 13:16:53 (0369) 5 NNNN