Brookfield Asset Management Raises $123 Billion Year-to-Date

Brookfield Asset Management raised $25 billion in the third quarter of 2026, bringing its total fundraising for the year to $123 billion. The firm reported a significant increase in net income for the quarter, which rose to $2.65 billion from $724 million in the previous year, while revenue grew 72% to $2.15 billion.

Growth was primarily led by the firm's infrastructure franchise, which secured $7 billion during the quarter, including $3.4 billion for its flagship strategy. The company also expanded its portfolio through a $2.8 billion acquisition of plumbing and heating company Reliance Worldwide and a $9 billion partnership with Nvidia and Naver to develop artificial intelligence computing infrastructure.

Chief Executive Connor Teskey attributed the strong performance to investor demand for long-duration inflation-linked real assets. Teskey stated that the firm's fundraising is showing no signs of slowing down.