Brookfield Asset Management .(BAM) - 2024 Q3 - Quarterly Report

Brookfield 2 0 2 4 Brookfield Asset Management Q 3 2 0 2 4 INTERIM REPORT CONTENTS Letter to Shareholders 4 Management's Discussion & Analysis 9 Financial Statements 68 3 LETTER TO SHAREHOLDERS Overview We generated record results in the third quarter. Fee-bearing capital grew to $539 billion, an increase of nearly $100 billion or 23% year-over-year, which benefitted from $135 billion of inflows over the last 12 months, growth in our public affiliates, and the acquisition of partnership stakes in leading pa ...