Brookfield has completed its acquisition of Oaktree, one of the world’s premier credit managers. The deal marks the next step in a partnership that began in 2019 and fully brings together the Oaktree and Brookfield platforms. With the addition of Oaktree, Brookfield’s global credit platform now offers a broad range of solutions across opportunistic credit, real asset credit, asset-backed finance and corporate performing credit to institutions, financial advisors and individuals. The U.S. becomes Brookfield Asset Management’s largest market, home to over 60% of its employee base and the source of nearly half of its revenue. Howard Marks will serve as Co-Chair of Oaktree alongside Bruce Karsh, who also remains Oaktree’s Chief Investment Officer.
Brookfield Asset Management Ltd.Brookfield completes acquisition of Oaktree, expanding its credit platform and making U.S. its largest market.
Oaktree Specialty Lending Corp