Brookfield Asset Management has collected $21 billion for its funds in the first quarter, building on a strong start to 2026. The $1.2 trillion fund manager has now added $67 billion in assets so far this year, already exceeding half the capital it raised in all of last year. This performance positions Brookfield for potentially record fundraising.

"We expect it to be a record year for fundraising and not by a little bit," CEO Connor Teskey told analysts during a quarterly results call. The New York-based firm projects overall growth in 2026 will surpass its long-term targets. Brookfield's fundraising surge reflects strong investor confidence despite challenging market conditions.

Brookfield maintains its roots in Canada where parent Brookfield Corp. is based. The firm's ability to attract substantial capital amid market volatility highlights its position as a leading alternative asset manager. The fundraising success provides Brookfield with significant deployment capacity for new investments across its global platform.