Brookfield posts $77bn quarter as Just mandate adds $100m fees
Credit drove the record quarter, including a $40bn mandate tied to the recently acquired annuities provider Just Group.
Brookfield Asset Management on Wednesday reported record second-quarter fundraising of $77bn, with the biggest contribution coming from its credit business and a $40bn mandate tied to recently acquired annuities provider Just Group. Year-to-date inflows reached $98bn after the quarter, against $67bn reported after the first quarter, showing how sharply the insurance-related mandate accelerated fundraising in the period.
The credit platform…
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