Brookfield Asset Management (BAM) is expected to raise capital across more than 60 strategies in 2026 to drive growth, RBC Capital Markets said in a note Wednesday.
"We believe BAM is well positioned heading into 2026 with private equity, infrastructure flagships and 60 strategies in total fundraising," the report said.
The note said private equity is raising its 7th flagship fund, and infrastructure its 6th flagship fund. It added that BAM's AI Infrastructure fund also continues its fundraising.
The note also said AI-related software concerns are overblown, with investment in the sector representing an opportunity for the firm, not a risk.
RBC maintained its outperform rating and $74 price target, citing favorable growth prospects.
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