Profile: Oaktree Capital Group LLC (OAK)
27 May 2015
Oaktree Capital Group, LLC (Oaktree) is a global investment management firm focused on alternative markets. Oaktree manages funds in investment strategies that fall into the six asset classes, which include distressed debt, corporate debt, control investing, convertible securities, real estate and listed equities. As of June 30, 2011, the Company’s assets under management (AUM) totaled $79.5 billion. The Company’s manager is Oaktree Capital Group Holdings GP, LLC. The Company manages assets on behalf of other institutional investors in the world, including 70 of the 100 United States pension plans, 37 states in the United States, over 350 corporations, over 300 university and charitable endowments and foundations, and over 150 non-United States institutional investors, including six of the top 10 sovereign wealth fund nations. Effective February 10, 2014, an investor group, comprised of Centerbridge Partners LP and Oaktree Capital Management LP of the United States, a unit of Oaktree Capital Group LLC, acquired a 40.74% interest in Billabong International Ltd.
Funds managed by Oaktree include both separate accounts and commingled funds. The commingled funds include open-end and closed-end limited partnerships for which the Company or a subsidiary serves as the general partner or, in certain limited cases, co-general partner. Oaktree makes principal investments in these funds.
Oaktree Capital Group LLC
333 S Grand Ave Fl 28
LOS ANGELES CA 90071-1504