Workflow
Brookfield Asset Management .(BAM)
icon
Search documents
Brookfield Asset Management Announces $1 Billion Commercial Paper Program
Globenewswire· 2026-03-03 22:10
NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM) (TSX: BAM) (“Brookfield”) announced today that it has established a commercial paper program on a private placement basis. Under the program, Brookfield may issue unsecured commercial paper notes (the “notes”) up to a maximum aggregate amount outstanding at any time of $1 billion. The program is expected to further diversify and strengthen Brookfield’s balance sheet by providing another source of short-term capital. Th ...
BCI, Norges Bank Investment Management and Brookfield Partner to Launch Northview Energy
Globenewswire· 2026-03-03 12:00
All amounts are in U.S. dollars unless otherwise indicated VICTORIA, British Columbia and OSLO, Norway and NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (“BCI”), Norges Bank Investment Management and Brookfield today announced the launch of Northview Energy (the “Company” or “Northview”), a privately held renewable energy company that will acquire and own a diversified portfolio of contracted, operating renewable assets in the U.S. and Canada. Northview Ener ...
Brookfield Asset Management .(BAM) - 2025 Q4 - Annual Report
2026-03-02 17:31
Financial Performance - As of December 31, 2025, the company had $603 billion in Fee-Bearing Capital, with 87% being long-dated or perpetual, providing significant stability to its earnings profile[35] - The company generated robust Distributable Earnings, with an intention to pay out approximately 90% of these earnings to shareholders quarterly[36] - Fee Revenues reached $5.5 billion and Fee-Related Earnings were $3.0 billion for 2025, reflecting increases of 17% and 22% respectively compared to 2024[68] - Fee-Bearing Capital increased by $64 billion, or 12%, to $603 billion in 2025, with 87% being long-dated or perpetual, providing revenue resiliency[67] - The company raised over $110 billion in total fundraising across flagship and complementary funds in 2025, including over $10 billion for its global transition fund and fifth real estate flagship fund[64] Assets Under Management - The company manages over $1 trillion in Assets Under Management across various sectors, including infrastructure, renewable power, private equity, real estate, and credit[29] - The company is one of the largest investment managers in infrastructure, with $247 billion in AUM and $106 billion in Fee-Bearing Capital as of December 31, 2025[52] - The company is also a major player in renewable power and transition investments, with $143 billion in AUM and $67 billion in Fee-Bearing Capital as of December 31, 2025[56] - As of December 31, 2025, the company has $155 billion in Assets Under Management (AUM) and $48 billion in Fee-Bearing Capital, indicating a strong long-term track record in private equity investments[59] Strategic Initiatives - The company has formed a partnership with Oaktree in 2019 to enhance its capabilities and better position itself across market cycles[36] - The company is actively progressing new organic growth strategies, including AI infrastructure, and considers strategic M&A opportunities to expand its capabilities[36] - The company aims to deepen and develop new institutional relationships and access new distribution channels, such as high net worth individuals and private wealth investors[35] - BAM launched a $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority, with an initial target of $10 billion in equity commitments[79] - A strategic partnership was established with Qai to create a $20 billion joint venture focused on AI infrastructure in Qatar and select international markets[79] Shareholder Returns - A share repurchase program was approved to buy up to 36.9 million Class A Shares, representing about 10% of the public float[72] - A quarterly dividend of $0.5025 per share was declared, marking a 15% increase compared to the previous year[73] - BAM announced a share repurchase program to buy up to 37.1 million Class A Shares, approximately 10% of the public float, starting January 13, 2025, with 6,548,561 shares purchased at an average price of $54.15[74] - BAM declared a quarterly dividend of $0.4375 per share, a 15% increase from the previous year, payable on March 31, 2025[77] Risk Management - The company has a robust risk management framework that includes centralized oversight and a strong risk culture to address current and emerging risks[95] - The company must manage environmental and sustainability issues effectively to avoid regulatory actions and maintain investor confidence[170][179] - The company faces significant risks related to data protection and privacy regulations, particularly under the GDPR, which could adversely affect its business operations[187] - Cybersecurity threats pose a significant risk, with potential breaches leading to financial loss, reputational damage, and regulatory penalties[182][184] - The company is subject to numerous laws and regulations that may impact its business, potentially resulting in financial penalties and reputational damage[127] Economic and Market Conditions - Rising interest rates could decrease the present value of income-producing assets, negatively impacting financial performance and potentially breaching financial covenants[151] - Political instability and changes in government policies in various jurisdictions could adversely affect the value of the company's investments[155] - Economic uncertainty due to geopolitical factors, such as conflicts in Eastern Europe, may disrupt business operations and financial performance[156] - Unfavorable economic conditions, including inflation and credit market volatility, could lead to reduced securities prices and liquidity of investments[159] - A decline in economic conditions may exert downward pressure on operating margins and asset values, particularly in the U.S. market[161] Compliance and Regulatory Risks - The company may face significant liabilities and penalties under anti-bribery and corruption laws, which could adversely affect its business and results of operations[139] - The company is subject to various anti-bribery and corruption laws, including the U.S. Foreign Corrupt Practices Act, which may lead to increased compliance costs and operational disruptions[140] - The company may face increased regulatory compliance obligations as it expands its product offerings, leading to higher legal and compliance costs[135] - Changes in health, safety, and environmental laws could lead to increased operational costs and impact financial performance[176] Operational Risks - The company actively takes on heightened credit risk by managing assets that loan money to distressed companies, which could negatively impact financial performance if these investments fail[201] - Third parties may default on payment obligations, which could adversely affect the company's financial performance and operations[200] - Managed assets with customer contracts may be negatively impacted by changes in customers' financial conditions, making it difficult to protect revenue streams through contractual provisions[220] - Substantial capital expenditures are required to maintain managed assets, and failure to make these expenditures could impair service capabilities and revenue recovery[221] Sustainability and Environmental Risks - BAM's sustainability policy integrates environmental considerations into decision-making, aiming to promote workforce well-being and uphold governance practices[105] - Compliance with sustainability regulations is crucial, as failure to meet these requirements could result in significant costs and reputational damage[171] - The transition to a lower-carbon economy may disrupt traditional business models, increasing operational costs and reducing demand for certain products and services[173] - Renewable power and transition strategies face risks from weather changes, equipment failures, and regulatory shifts, which could disrupt operations and financial performance[222] Investment and Market Risks - The company faces risks related to the exit markets for private fund investments, including volatility and rising enterprise value thresholds, which could adversely affect cash flow and liquidity[162] - Economic downturns increase the risk of counterparty defaults, potentially leading to poor performance of transactions and negatively impacting financial results[163] - Inflationary pressures have eased in 2025, but past price increases continue to affect consumer confidence and spending power, which may impact investment opportunities and financial performance[164] - Revenue from power facilities is correlated with electricity generation, which is influenced by uncontrollable factors like water flows and wind, leading to potential revenue volatility[223]
5 Momentum Stocks to Buy for March After a Volatile February
ZACKS· 2026-03-02 13:55
Market Overview - U.S. stocks faced a setback in February, with the Nasdaq Composite and S&P 500 declining by 3% and 1% respectively, marking the Nasdaq's worst month since March 2025 [3] - Concerns about the sustainability of AI-related capital spending and sticky inflation have negatively impacted investor sentiment [2] Key Stocks with Momentum - Five stocks identified as top momentum picks for March include NVIDIA Corp. (NVDA), Comfort Systems USA Inc. (FIX), Onto Innovation Inc. (ONTO), Rio Tinto Group (RIO), and Brookfield Asset Management Ltd. (BAM), all holding a Zacks Rank 1 (Strong Buy) [4][9] NVIDIA Corp. (NVDA) - NVIDIA is a leader in generative AI-powered GPUs, benefiting from increased shipments of its Blackwell GPU computing platforms [7] - The company expects significant AI infrastructure spending between $3 trillion and $4 trillion by the end of the decade, with a projected revenue growth rate of 46.8% and earnings growth rate of 59.8% for the current year [8][10] - NVDA's earnings estimates have improved by 3.7% over the past week [10] Comfort Systems USA Inc. (FIX) - Comfort Systems USA operates in the HVAC market, with demand driven by AI and cloud computing, particularly for specialized cooling solutions [11][12] - The company anticipates revenue and earnings growth rates of 20.3% and 28.2% respectively for the current year, with earnings estimates improving by 20.9% in the last week [13] Onto Innovation Inc. (ONTO) - Onto Innovation is positioned for growth in AI-driven advanced packaging, having completed qualifications for its 3Di technology [14][15] - The expected revenue and earnings growth rates for ONTO are 19.5% and 29% respectively, with earnings estimates improving by 2.7% recently [16] Rio Tinto Group (RIO) - Rio Tinto is an international mining company with diverse interests, including aluminum, copper, and iron ore [17] - The company projects revenue and earnings growth rates of 10.7% and 21.8% respectively for the current year, with earnings estimates improving by 1.4% [18] Brookfield Asset Management Ltd. (BAM) - Brookfield Asset Management focuses on alternative asset management across various sectors, including renewable power and infrastructure [19] - The expected revenue and earnings growth rates for BAM are 12.5% and 15.2% respectively, with earnings estimates improving by 3.8% over the last 30 days [20]
Brookfield's new AI unit Radiant valued at $1.3 billion after merger with UK startup, sources say
Reuters· 2026-02-27 19:05
Core Viewpoint - Brookfield Asset Management's new AI infrastructure company, Radiant, has been valued at $1.3 billion following its merger with UK-based Ori Industries, highlighting the growing demand for AI infrastructure amid a shortage of high-performance computing capacity [1][4]. Company Summary - Radiant was formed to provide on-demand access to AI chips and has merged with Ori Industries, a cloud computing firm based in London [1]. - All existing investors of Ori have rolled their stakes into Radiant, with Brookfield injecting additional capital into the new entity [2]. - Mahdi Yahya, founder of Ori, will serve as president of Radiant, emphasizing the partnership with Brookfield to address the supply-demand imbalance in AI infrastructure [5]. Financial Overview - The valuation of Radiant was established earlier in February 2026, although the exact contribution of Ori to this valuation remains unclear [2]. - Ori had total assets of £42.5 million ($57.2 million) and total debt of £11.3 million as of the end of 2024 [4]. Industry Context - The merger comes at a time when there is a race among investors to build the necessary infrastructure for advanced AI, driven by a shortage of computing capacity [4]. - Brookfield's AI infrastructure fund aims to raise $10 billion, with plans to scale up to $100 billion through co-investment and financing [5]. - The UK government is significantly increasing data-center construction, planning to expand national computing capacity by 20-fold by 2030, classifying data centers as critical infrastructure [5].
Fieldwork Extended on Renforth's Parbec Gold Deposit near Malartic, Quebec
Thenewswire· 2026-02-26 13:00
                                                                            HIGHLIGHTSParbec 2026 season stripping work has already started with chipping operations extended to the entire permitted area Geological modelling of the gold deposit is ongoing, this creates the framework for the planned bulk sample at Parbec  Victoria Polymetallic Deposit Victoria Forestry permit received, ATI permit awaited for next drilling program   PDAC 2026 Visit Renforth in booth #2136  PICKERING, Ontario – TheNewswi ...
Brookfield Asset Management: Ramp Up Your Dividend Growth
Seeking Alpha· 2026-02-26 13:00
Scott Kaufman, aka Treading Softly, learned about investing firsthand from over a decade of financial sector experience. He is the lead analyst for Dividend Kings providing actionable insight into high quality dividend growing and undervalued opportunities. His focus is to see a bountiful harvest of cash dividends and strong capital gains, providing a robust total return.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiat ...
UBS Lowers its Price Target on Brookfield Asset Management Ltd. (BAM) to $52 and Maintains a Neutral Rating
Yahoo Finance· 2026-02-25 06:05
Brookfield Asset Management Ltd. (NYSE:BAM) is among the 11 High Growth Financial Stocks to Buy Now. UBS Lowers its Price Target on Brookfield Asset Management Ltd. (BAM) to $52 and Maintains a Neutral Rating On February 20, 2026, UBS lowered its price target on Brookfield Asset Management Ltd. (NYSE:BAM) to $52 from $58 previously and maintained a Neutral rating on the shares. On February 17, 2026, Morgan Stanley raised its price target on Brookfield Asset Management Ltd. to $63 from $62 and kept an Eq ...
布鲁克菲尔德(BAM.US)豪赌AI算力需求无止境! 提供从GPU到电力的“AI基建一条龙”
智通财经网· 2026-02-24 14:36
智通财经APP获悉,北美资管巨头布鲁克菲尔德资产管理公司(BAM.US)顺利完成收购云计算公司Ori Industries,押注各政府组织以及全球科技公司为了在不断升级且愈发激烈的人工智能竞赛中取胜,将需 要获得天量级别的AI芯片等最核心AI算力基础设施以及电力资源。 这家由沙特阿美风投部门支持的云计算类初创公司,已并入Radiant——这是布鲁克菲尔德新设立的一 家公司,旨在按需提供对于AI算力基础设施的访问权,即按Token需求或者合同锁定形式提供云端级别 的AI训练/推理算力系统,或者把整个AI服务器集群乃至电力系统、数据中心打包出租。布鲁克菲尔德 在周二的一份声明中公布了这一交易,但未披露交易条款。 Radiant 的核心更接近"AI GPU/AI ASIC芯片租赁(chips-for-rent / leasing)+ AI算力合同锁定现金流"的AI 算力基础设施创收路径:布鲁克菲尔德把Radiant定位为提供全栈AI训练/推理服务/AI工厂,并且有能力 服务主权云等受监管算力场景。 布鲁克菲尔德通过收购Ori并将其并入新公司 Radiant,把"GPU/AI 芯片"从一次性重资本开支(CapEx)产 ...
Exclusive: Kuwait's KPC draws BlackRock, Brookfield, EIG to possible $7 billion pipeline deal, sources say
Reuters· 2026-02-24 09:34
Core Viewpoint - Kuwait Petroleum Corporation (KPC) is in early discussions to sell a $7 billion stake in its crude oil pipelines, attracting interest from major investors including BlackRock, Brookfield, and EIG Partners [1][1][1] Group 1: Investment Details - KPC is seeking to structure the transaction with approximately $1.5 billion in equity, while the remainder will be financed through debt [1][1][1] - The stake sale process could formally launch by the end of February, with KPC currently engaging other banks to underwrite the debt portion alongside HSBC [1][1][1] Group 2: Market Context - The concession for the pipeline deal is expected to span 25 years, but faces challenges due to crude oil prices around $71 per barrel and geopolitical tensions in the Gulf region [1][1][1] - This move mirrors similar recent transactions by Gulf peers such as Saudi Aramco and Abu Dhabi National Oil Company, which have raised funds through their pipeline infrastructure [1][1][1] Group 3: Strategic Goals - KPC plans to invest $410 billion through 2040 to increase its production capacity to 4 million barrels per day [1][1][1] - BlackRock is expanding its presence in Kuwait, having signed a similar deal for Saudi Aramco's Jafurah gas project and is set to open an office in the country [1][1][1]