Brookfield Asset Management Aims to Double Fee-Bearing Capital by 2031
Brookfield Asset Management (NYSE:BAM) outlined plans during its 2026 Investor Day event to double fee-bearing capital from $1.3 trillion to approximately $2.6 trillion by 2031, driven by flagship funds, complementary strategies, insurance capital, and private-wealth products. The company also highlighted the completed acquisition of Oaktree's remaining stake as a key growth driver for its credit platform, which now stands at $416 billion in assets. CEO Connor Teskey emphasized Brookfield’s momentum across all business lines—infrastructure, energy, real estate, private equity, and credit—and noted that fundraising has been robust. CFO Hadley Peer Marshall reported strong performance since the 2022 spinout from Brookfield Corporation, with earnings up by 40%. The company raised $163 billion in fee-bearing capital over the past year and plans to maintain aggressive growth while expanding its insurance and wealth management segments.
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