Brookfield to Acquire 62% of Oaktree Capital Management in Strategic and Value Enhancing Acquisition

Brookfield to Acquire 62% of Oaktree Capital Management in Strategic and Value Enhancing Acquisition. Mritik Capital believe this will be a great combination as it broadens BAM expertise into distressed debt investing. BAM can now compete better with BX to be #1 Asset Manager across all alternative asset classes and provide a comprehensive solution to its clients. BAM will issue shares for 5% dilution valued at $2.3B and $2.3B cash for OAK which is fine with BAM shares fairly valued and OAK shares remaining depressed over last 5 years due to elongated credit cycle caused by central bank easy money policies.


The 2 companies will operate separately and collaborate. Howard Marks and Oaktree Management  will remain and continue to operate independently.

Howard Marks Bruce Flatt Bloomberg Interview on Merger

Brookfield to Acquire 62% of Oaktree Capital Management

Brookfield to buy most of Oaktree to build juggernaut to rival Blackstone