Brookfield Asset Management reports record 2024 earnings, plans major investments in Europe.

Brookfield Asset Management saw strong growth in 2024, raising over $135 billion in capital and reporting record earnings. The company's credit arm raised $29 billion in the fourth quarter, boosting distributable earnings by 11% to $649 million. Brookfield plans major investments in French data centers and AI infrastructure and moved its headquarters to New York. The firm's fee-bearing capital jumped 18% to $539 billion, with a 15% dividend hike announced.

5 weeks ago
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