Brookfield Asset Management Ltd. announced an agreement to acquire 100% of Reliance Worldwide Corporation in an all-cash transaction valued at approximately US$2.8 billion. The proposal offers US$3.38 per share, a recommendation unanimously supported by Reliance's Board. Subject to customary closing conditions, including shareholder and regulatory approvals, the acquisition is expected to close in Q1 2027. Brookfield will fund the investment through its flagship private equity strategy and affiliate Brookfield Business Corporation. This strategic move positions Brookfield to expand its industrial portfolio by acquiring a global market leader in plumbing and heating solutions.

On September 8, 2026, Brookfield Asset Management Ltd. announced it was selected by the Nuclear Liabilities Fund (NLF) to manage a long-term investment mandate with an initial commitment of $1 billion (approximately £750 million). The mandate will be managed by Brookfield’s Investment Solutions Group and invested globally across infrastructure, energy, private equity, real estate, and private credit strategies. This partnership aims to generate returns sufficient to cover the future decommissioning costs of eight UK nuclear power stations over a multi-decade horizon. Brookfield Asset Management Ltd. is a leading global alternative asset manager that invests client capital in real assets and essential service businesses.

Brookfield Asset Management reported second quarter 2026 results featuring record fundraising of $77 billion and fee-related earnings of $808 million, a 20% year-over-year increase. Distributable earnings rose 15% to $707 million, while net income reached $1.2 billion. The company announced a quarterly dividend of $0.5025 per share, payable on September 29, 2026, to shareholders of record as of August 31, 2026. Additionally, Brookfield issued $1.0 billion in senior notes and repurchased $200 million of its own shares during the quarter. The company operates as a global alternative asset manager with over $1 trillion in assets under management.

On July 31, 2026, Brookfield Asset Management Ltd. and Brookfield Corporation completed the acquisition of Oaktree, purchasing the remaining 26% interest to achieve 100% ownership. Total consideration was approximately $3.0 billion, paid in cash and shares of BN and BAM. The transaction integrates Oaktree’s credit management expertise into Brookfield’s platform, which now manages over $365 billion in credit assets. Howard Marks and Bruce Karsh will serve as Co-Chairs of Oaktree. This acquisition strengthens Brookfield's position as a leading global alternative asset manager specializing in infrastructure, energy, private equity, real estate, and credit.