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Brookham Asset Management revises presentation of non-GAAP financial measures, including Fee Revenues and Fee-Bearing Capital
BAMBrookfield Asset Management Ltd.
Brookfield Asset Management Ltd. announced a revision to its presentation of non-GAAP financial measures, specifically Fee Revenues, Fee-Related Earnings, and Fee-Bearing Capital, effective with the third quarter results ending September 30, 2026. The company will now present its proportionate share of fee revenues and expenses from partner managers on a gross basis rather than netting them against each other, and will include servicing fees in Fee-Bearing Capital to better align with revenue profiles. This change provides greater transparency into the credit business but does not impact reported Fee-Related Earnings or Distributable Earnings. Brookfield Asset Management Ltd. operates as a global alternative asset manager.