Oaktree Capital Management

Oaktree Capital Management, Inc.
Company typePublic
NYSEOAK.PRA NYSEOAK.PRB[1]
IndustryFinancial services
FoundedApril 1995; 29 years ago (1995-04)
FoundersHoward Marks, Bruce Karsh, Larry Keele, Richard Masson, Sheldon Stone[2]
Headquarters,
U.S.
Number of locations
26[3]
Key people
AUMUS$205 billion (as of September 30, 2024)[5]
OwnerBrookfield Asset Management
SubsidiariesInternazionale (99.6%)
Websiteoaktreecapital.com

Oaktree Capital Management, Inc. is an American global asset management firm specializing in alternative investment strategies. As of September 30, 2024, the company managed $205 billion for its clientele.

The firm was co-founded in 1995 by a group that had formerly worked together at the TCW Group starting in the 1980s. On April 12, 2012, Oaktree Capital Group, LLC became listed on the NYSE under the ticker symbol OAK.[6][7] On March 13, 2019, Canada's Brookfield Asset Management announced that it had agreed to buy 62% of Oaktree Capital Management for approximately $4.7 billion.[8][9]

  1. ^ "UNITED STATES SECURITIES AND EXCHANGE COMMISSION- Oaktree Capital Group, LLC". ir.oaktreecapital.com.
  2. ^ "Oaktree Takes Root: Junk Bond Pros Base New Firm on Old Ideas". Los Angeles Times. July 10, 1995.
  3. ^ "Oaktree: Contact Us".
  4. ^ a b c "Oaktree Capital to Appoint New Leadership at Firm". The Wall Street Journal. June 27, 2023.
  5. ^ "Oaktree: About".
  6. ^ Cite error: The named reference oaktree-about was invoked but never defined (see the help page).
  7. ^ Cite error: The named reference deal was invoked but never defined (see the help page).
  8. ^ Cite error: The named reference Brookfield to Acquire was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).