Brookfield Completes Acquisition of Oaktree, Expanding Global Credit Platform
Brookfield Asset Management completed its acquisition of Oaktree, advancing a partnership launched in 2019 that fully brings together the two platforms. The combined business expands Brookfield’s credit capabilities across opportunistic credit, real asset credit, asset-backed finance and corporate performing credit for institutions, financial advisors and individuals. Connor Teskey said it strengthens investing across market cycles, with Oaktree co-CEOs highlighting the seven-year disciplined approach, and Howard Marks and Bruce Karsh taking