Brookfield Corporation reported stronger second-quarter results, with distributable earnings before realizations rising 15% year over year to $1.4 billion, or $0.61 per share, and total deployable capital reaching a record $210 billion. Total distributable earnings, including realizations, were $1.5 billion, or $0.66 per share, for the three months ended June 30, while trailing 12-month distributable earnings before realizations were $5.7 billion, or $2.39 per share. The company said it raised $98 billion, deployed $100 billion and monetized $40 billion of assets in the first half of 2026, while completing $130 billion of financings across its franchise. Chief Executive Officer Bruce Flatt said Brookfield sees a constructive backdrop despite geopolitical conflict, higher energy prices and uncertainty around interest rates, with digitalization, decarbonization and deglobalization widening opportunities in AI infrastructure, energy, supply-chain reorganization and data sovereignty. Asset management remained a key driver, with distributable earnings of $740 million and record quarterly fundraising of $77 billion, including $17 billion across flagship strategies, helping lift fee-bearing capital 19% to $672 billion and fee-related earnings 20% higher. Brookfield said the quarter marked the completion of its acquisition of Oaktree Capital Management, expanding its global credit platform across corporate and structured lending. Wealth Solutions contributed $480 million of distributable earnings, up 23% from a year earlier, as insurance assets rose above $190 billion following the addition of UK-based Just Group and $5 billion of annuity sales during the quarter. Just Group contributed about $29 million of earnings in its first quarter under Brookfield ownership, though management said its cost base is two to three times that of peers and flagged cost cutting and simplification as priorities. Brookfield is targeting more than $300 billion in insurance assets by 2030. The company also highlighted a planned $100 billion AI campus in Kentucky, collaboration with NVIDIA on financing compute capacity, and growing demand for Westinghouse Electric Company’s nuclear services as data center power needs rise. Brookfield reiterated its aim to compound capital at 15% or more over the long term and said it expects another record fundraising year, while cautioning that transaction timing and valuations could still be affected by market and geopolitical risks.