Brookfield Asset Management (BAM) Investor Day 2025 summary

Strategic Priorities and Growth Drivers

• Aims to double business size and capital base to $1.2T by 2030, leveraging new growth levers in products, partnerships, and performance.

• Focuses on digitalization, de-globalization, and decarbonization as core investment themes, with private capital and individual investors as new growth engines.

• Maintains leadership in real assets and key asset classes, using a global platform to identify and capitalize on emerging trends.

• Expands product offerings with adjacent and complementary strategies, with over 70% of fee revenue from products launched in the last decade.

• Partnerships and bilateral deals, including $40B in announced opportunities for 2025 and AI/digital infrastructure, accelerate deal flow and value creation.

Financial Performance and Guidance

• Achieved 15%+ CAGR in fee-bearing capital and fee-related earnings over the past five years, exceeding previous targets.

• Record year with $97B capital raised, $135B deployed, and $75B+ in assets sold.

• Plans to double business to $1.2T by 2030, targeting 16-18% annual growth in fee-related and distributable earnings.

• Revenue growth is outpacing costs, expanding margins and supporting a high dividend payout ratio of 85-90%.

• Additional upside levers include 401(k) access, new fund launches, capital markets expansion, and M&A, potentially driving 20%+ annual earnings growth.

Product and Strategy Evolution

• Expanded from core strategies to a full suite of capital solutions across debt, equity, and structured products.

• Newer strategies launched in the past decade now represent 70% of fee revenues and over 65% of expected fundraising.

• Credit and transition strategies have scaled rapidly, with credit growing from zero to a $1.5B fee engine and transition fee revenues projected to reach $400M by 2025.

• Launched and scaled new strategies such as energy transition and AI infrastructure, targeting the $7T+ expected capex spend for AI-related assets.

• Private wealth and individual investor channels are scaling rapidly, with $10B expected to be raised this year and new products tailored for retail and insurance markets.