Brookfield sells La Trobe stake to OMERS: what it means for Brookfield Asset Management stock

Published on 10/28/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OMERS joins Brookfield and Axight at La Trobe. For Brookfield Asset Management stock, La Trobe reached A$27 billion, up from A$22 billion at 2025 end.

La Trobe ownership and growth

La Trobe Financial announced the OMERS transaction on October 27, 2026.
The transaction is expected to close by January 2027, subject to approvals.
La Trobe Financial serves more than 130,000 investors and 5,000 financial advisers.

BAM, CA1130041058, Illustration mit AI erstellt.

Brookfield Asset Management (ISIN CA1130041058) agreed to sell an indirect minority interest in La Trobe Financial to OMERS, while retaining majority ownership, according to La Trobe Financial on October 27, 2026. The transaction is subject to customary regulatory approvals and is expected to close by January 2027.

A second institutional investor

OMERS will join Brookfield and Axight as an institutional shareholder in the Australian alternative asset manager. La Trobe Financial said the arrangement will not change its management team, strategy, investment philosophy or the way investor funds are managed, according to La Trobe Financial.

What changes for Brookfield?

The transaction gives Brookfield a partial liquidity event while preserving control of the business. La Trobe Financial reported assets under management of A$27 billion, up from A$22 billion at the end of 2025, providing a quantified measure of the platform's expansion since Brookfield acquired it in 2022, according to La Trobe Financial. The company has also expanded its product offering with a US private credit product and a listed investment trust on the Australian Securities Exchange.

Investor base adds scale

La Trobe Financial manages assets for more than 130,000 investors and 5,000 supporting financial advisers. For Brookfield Asset Management, the key market question is whether the additional institutional capital can support further growth while the parent remains the majority shareholder.

Next step is January 2027

The expected January 2027 closing is the next dated milestone for the transaction. Until regulatory approvals are completed, the announcement describes an agreed acquisition rather than a completed sale.

Stock trades at EUR 41.94

Brookfield Asset Management was trading at EUR 41.94 at Lang & Schwarz on October 28, 2026 at 10:48 a.m. CEST. The NYSE-listed company uses the ticker BAM, and its business remains centered on alternative asset management across infrastructure, energy, private equity, real estate and credit.

The further course of trading is shown by the continuously updated real-time quote of Brookfield Asset Management stock.