Brookfield Asset Management (BAM) Q4 FY25 earnings call

A record year capped by the firm's strongest-ever fundraising quarter, as Brookfield leans hard into AI-infrastructure and power demand, a scaling multi-strategy credit platform, and the individual-investor channel. The Connor Teskey CEO appointment formalizes a long-planned, no-real-transition succession. Management frames 2026 as a step-up year with acquired earnings already locked in and margins compounding on operating leverage.