Brookfield Asset Management Ltd. (BAM): Flagship Fund Raises $20 Billion

Core Insights - Brookfield Asset Management Ltd. (NYSE:BAM) is recognized as one of the 12 most promising clean energy stocks by Wall Street analysts [1] - The company specializes in alternative asset management, focusing on renewable power, transition, and infrastructure investments [2] - Recently, Bank of America adjusted its price target for BAM from $68 to $67 while maintaining a Neutral rating, citing revised EPS estimates for Q3, Q4, 2026, and 2027 due to higher catch-up fees from the Renewables II fund [2] - Brookfield has successfully raised $20 billion for its flagship energy transition fund, making it the largest private fund dedicated to clean energy transition globally [3] - The fund attracted contributions from various institutional investors, including new participants, with notable commitments of $2 billion from ALTÉRRA and $1.5 billion from Norges Bank Investment Management [3]