$BAM (Brookfield Asset Management) — 8-K: Brookfield Q3 fee-related earnings rise 15% to $864 million as fundraising hits $25 billion

Brookfield Asset Management reported third-quarter fee-related earnings of $864 million, or $0.54 per share, up 15% from $754 million a year earlier. Distributable earnings rose 15% to $763 million, or $0.47 per share, while net income reached $3.0 billion, including a $2.0 billion non-cash gain on the Oaktree acquisition and consolidation. The company raised $25 billion in the quarter and $123 billion year-to-date, with fee-bearing capital growing 13% year-over-year to $682 billion.

Brookfield Asset Management reported third-quarter fee-related earnings of $864 million, or $0.54 per share, up 15% from $754 million a year earlier. Distributable earnings rose 15% to $763 million, o