Reports Q4 revenue $1.13, consensus $1.1B. Connor Teskey, President of Brookfield Asset Management stated, “We had strong performance in our first year following our listing. We raised $93B of capital which, combined with the approximately $50B anticipated upon the closing of the American Equity Investment Life insurance account, brings the total to $143B. With interest rates stabilizing and significant dry powder available, we expect a very active period of transaction activity in the coming year, with valuations for real assets responding accordingly.” He continued, “Our capital raising success, combined with investments made into building out our platforms, positions us for strong earnings growth and continued robust fundraising in 2024. That momentum and our significant resources have enabled us to raise our quarterly dividend by 19% to 38c per share.”
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