Oaktree Capital Management

Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2023, the company managed $172 billion for its clientele.

Oaktree Capital Management, Inc.
Company typePublic
NYSE: OAK.PRA NYSE: OAK.PRB
IndustryFinancial services
FoundedApril 1995 (1995-04)
FoundersHoward Marks, Bruce Karsh, Larry Keele, Richard Masson, Sheldon Stone
Headquarters,
U.S.
Number of locations
19
Key people
Howard Marks
(co-chairman)
Bruce Karsh
(co-chairman and CIO)
John Frank
(vice chairman)
Jay Wintrob
(CEO)
AUMUS$172 billion (as of March 31, 2023)
OwnerBrookfield Asset Management
Websiteoaktreecapital.com

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. 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.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.