Brookfield Corp Increases Position to 72.8% in BAM and Discloses $1B Margin Loan Pledge

Brookfield Corporation and BAM Partners Trust filed an amendment to their Schedule 13D on April 6, 2026, regarding their holdings in Brookfield Asset Management Ltd. (BAM). The reporting persons collectively hold 1,193,021,145 Class A Limited Voting Shares, representing approximately 72.8% of the issuer's outstanding shares. This amendment primarily reflects a new financing arrangement: on April 2, 2026, BWS BAM Financing LP, a subsidiary of Brookfield Wealth Solutions Ltd. (BNT), entered into a $1 billion margin loan agreement with Royal Bank of Canada. To secure this Credit Facility, the borrower pledged 65,000,000 Class A Shares as collateral. These collateral shares represent less than 6% of the total shares held by the reporting group and less than 4% of the issuer's total outstanding shares. Unless a default occurs, the borrower retains all voting and dividend rights. The filing also includes updated biographical information for the directors and executive officers of Brookfield Corporation.