Brookfield Corporation deployed approximately $100 billion into large-scale investment opportunities during the first six months of 2026 while simultaneously raising $98 billion of capital and monetizing $40 billion of assets, illustrating the scale of capital moving through the company’s investment platform.
Brookfield ended the second quarter with a record $210 billion of deployable capital, providing significant capacity for additional acquisitions and investments across infrastructure, energy, real estate, credit, private equity and insurance.
The $210 billion includes approximately $96 billion of cash, financial assets and undrawn credit facilities available across Brookfield Corporation, its affiliates and Wealth Solutions business. Another $114 billion consists of uncalled private-fund commitments available for future investment.
Fundraising remained particularly strong during Q2. Brookfield’s Asset Management business generated record quarterly fundraising of $77 billion, including $5 billion from retail and wealth clients. Fee-bearing capital increased 19% year-over-year to $672 billion, helping drive a 20% increase in fee-related earnings.
The company’s seventh private equity flagship raised $7 billion, while its sixth infrastructure flagship raised $9 billion. Brookfield said both funds are on track to become the largest vintages in their respective series.
Brookfield was equally active on the monetization side. The company executed approximately $40 billion of asset sales during the first half, including $10 billion of infrastructure assets, $10 billion of real estate, $7 billion of energy assets, $9 billion of credit investments and $4 billion of private equity businesses.
The real estate transactions included the £750 million sale of One Churchill Place at Canary Wharf in London. Brookfield also sold Multiplex, its construction business, for approximately $650 million.
The monetization pipeline could also create additional carried-interest earnings. Accumulated unrealized carried interest stood at $12.5 billion at quarter-end. Brookfield realized $121 million of net carried interest during Q2 and $520 million over the trailing 12 months.
Brookfield continued expanding several of its largest strategic platforms. The company completed the acquisition of Oaktree in July, integrating the credit manager more fully into Brookfield’s global credit business.
Its Wealth Solutions platform also expanded substantially following the acquisition of Just Group. Insurance assets reached $191 billion, including $45 billion added through Just Group, while quarterly annuity sales totaled approximately $5 billion. Wealth Solutions distributable earnings increased 23% year-over-year.
Brookfield is also deploying capital into the rising power requirements associated with data centers and other infrastructure. Its partnership with Bloom Energy has expanded to $25 billion for behind-the-meter fuel cells serving data centers, while the U.S. Department of Energy has provided a $17.5 billion financing commitment related to long-lead equipment for large-scale Westinghouse nuclear reactors.
Quarterly distributable earnings before realizations reached $1.43 billion, or $0.61 per share, up from $1.25 billion and $0.53 per share a year earlier. Total distributable earnings reached approximately $1.55 billion, or $0.66 per share.
Brookfield also continued repurchasing its own stock. It bought $111 million of shares during Q2 and approximately $580 million during the first half at an average price of $42 per share.
KEY QUOTES:
“Our business performed well in the second quarter, with continued momentum driving 15% growth in earnings per share.”
“We also advanced several strategic initiatives. We expanded our global insurance platform through the acquisition of Just Group in the U.K., completed the acquisition of Oaktree, and shareholders approved our simplification transaction.”
Nick Goodman, President of Brookfield Corporation
