1443 ET - Brookfield looks well positioned to capitalize on market volatility through opportunistic investments, CFRA Research's Kenneth Leon says. He notes Brookfield is supported by $165 billion of deployable capital, including $69 billion in cash, financial assets and undrawn credit lines. The investment company logged 1Q distributable earnings of 98 cents a share, up 27% on-year and beating the 91 cents consensus forecast of analysts. Leon says Brookfield's quarter demonstrated strong capital deployment and fundraising momentum, with $25 billion in total inflows, the closing of a fifth opportunistic real estate fund at $16 billion and recent news of the acquisition of Angel Oak. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 14:43 ET (18:43 GMT)
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