Brookfield Asset Management (BAM)

Brookfield Asset Management (BAM)

Brookfield Asset Management Ltd. (BAM) is a leading global alternative asset manager headquartered in New York with $1.2 trillion of assets under management as of March 31, 2026 (per Q1 2026 Supplemental Information). It provides a broad suite of alternative investment strategies across infrastructure, renewable power and transition, private equity, real estate, and credit for institutional and individual investors. BAM operates as a pure-play, asset-light manager whose earnings derive primarily from stable fee-related revenues, drawing on a 125-year owner-operator heritage (per official website). The listed entity was formed via a December 2022 plan of arrangement spinning out the asset management business of Brookfield Corporation; it is incorporated under the Business Corporations Act (British Columbia) (per Form 10-K for the year ended December 31, 2025). Fee-bearing capital reached $603 billion at year-end 2025 and $614 billion by March 31, 2026, with 87% long-term, permanent or perpetual (per earnings materials and 10-K). The firm maintains a presence in more than 50 countries supported by approximately 250,000 operating employees across the Brookfield ecosystem (per official website and 10-K). Connor Teskey has served as CEO since February 2026, succeeding Bruce Flatt, who remains Board Chair (per official leadership and board pages).