Oaktree Capital Management
American global asset management firm / From Wikipedia, the free encyclopedia
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Not to be confused with Oak Hill Capital Partners or Oak Investment Partners.
Oaktree Capital Management, Inc. is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2023, the company managed $172 billion[7] for its clientele.
Quick Facts Company type, Traded as ...
Company type | Public |
---|---|
NYSE: OAK.PRA NYSE: OAK.PRB[1] | |
Industry | Financial services |
Founded | April 1995; 29 years ago (1995-04) |
Founders | Howard Marks, Bruce Karsh, Larry Keele, Richard Masson, Sheldon Stone[2] |
Headquarters | , U.S. |
Number of locations | 19[3] |
Key people |
Robert O'Leary (co-CEO)[5] Todd Molz (COO) [6] |
AUM | US$172 billion (as of March 31, 2023)[7] |
Owner | Brookfield Asset Management |
Website | oaktreecapital |
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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: OAK.[8][9] 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.[10][11]