Brookfield completes acquisition of Oaktree

Reuters2026/08/03 10:55

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Brookfield completed its acquisition of credit manager Oaktree, fully combining platforms in a partnership that began in 2019.
The deal expands Brookfield’s global credit platform to about $365 billion, spanning opportunistic credit, real asset credit, asset-backed finance.
Howard Marks becomes co-chair of Oaktree while remaining a Brookfield director and chair of Brookfield’s Investment Solutions Group.
Bruce Karsh also becomes co-chair of Oaktree while continuing as chief investment officer and portfolio manager.
The U.S. becomes Brookfield Asset Management’s largest market, with over 60% of employees and nearly half of revenue sourced there.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-005138), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Brookfield completes acquisition of Oaktree

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