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.
Headquarters at Wells Fargo Tower | |
Company type | Public |
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NYSE: OAK.PRA NYSE: OAK.PRB | |
Industry | Financial services |
Founded | April 1995 |
Founders | Howard 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) |
AUM | US$172 billion (as of March 31, 2023) |
Owner | Brookfield Asset Management |
Website | oaktreecapital |
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.
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