Edition:
United States

Oaktree Capital Group LLC (OAK.N)

OAK.N on New York Stock Exchange

48.69USD
4:02pm EDT
Change (% chg)

$0.16 (+0.33%)
Prev Close
$48.53
Open
$48.58
Day's High
$48.74
Day's Low
$48.52
Volume
128,898
Avg. Vol
231,011
52-wk High
$50.76
52-wk Low
$38.65

Latest Key Developments (Source: Significant Developments)

Infrastructure And Energy Alternatives, Inc. Announces $50 Million Equity Commitment
Tuesday, 14 May 2019 08:03am EDT 

May 14 (Reuters) - Infrastructure and Energy Alternatives Inc ::INFRASTRUCTURE AND ENERGY ALTERNATIVES, INC. ANNOUNCES $50 MILLION EQUITY COMMITMENT.INFRASTRUCTURE AND ENERGY ALTERNATIVES - ENTERED $50 MILLION EQUITY COMMITMENT AGREEMENT WITH A FUND MANAGED BY PRIVATE EQUITY GROUP OF ARES MANAGEMENT.INFRASTRUCTURE AND ENERGY ALTERNATIVES INC - ENTERED $50 MILLION EQUITY COMMITMENT AGREEMENT ALSO WITH FUNDS MANAGED BY OAKTREE CAPITAL MANAGEMENT.INFRASTRUCTURE AND ENERGY ALTERNATIVES - UNDER TERMS OF COMMITMENT, FUNDS AGREED TO PURCHASE $50 MILLION OF NEWLY CREATED SERIES B PREFERRED STOCK FROM CO.INFRASTRUCTURE AND ENERGY ALTERNATIVES - FOLLOWING CLOSING OF TRANSACTION, ARES WILL BE ENTITLED TO APPOINT ONE DIRECTOR TO CO'S BOARD.  Full Article

Oaktree Announces First Quarter 2019 Financial Results
Thursday, 25 Apr 2019 08:30am EDT 

April 25 (Reuters) - Oaktree Capital Group LLC ::OAKTREE ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.OAKTREE CAPITAL GROUP LLC QTRLY GAAP NET INCOME ATTRIBUTABLE TO CLASS A UNITHOLDERS $0.66 PER UNIT.OAKTREE CAPITAL GROUP LLC QTRLY DISTRIBUTABLE EARNINGS WERE $1.46 PER UNIT.OAKTREE CAPITAL GROUP LLC - AUM AT QUARTER-END WERE $118.6 BILLION, DOWN 1% FOR QUARTER AND DOWN 2% OVER LAST 12 MONTHS.OAKTREE CAPITAL GROUP LLC - QUARTER-END MANAGEMENT FEE-GENERATING ASSETS UNDER MANAGEMENT WERE $100.3 BILLION.  Full Article

Brookfield To Acquire 62 Pct Of Oaktree Capital Management
Wednesday, 13 Mar 2019 09:21am EDT 

March 13 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD TO ACQUIRE 62% OF OAKTREE CAPITAL MANAGEMENT.BROOKFIELD - OAKTREE CLASS A UNITHOLDERS CAN ELECT TO RECEIVE FOR EACH OAKTREE CLASS A UNIT EITHER $49.00 IN CASH OR 1.0770 BROOKFIELD CLASS A SHARES.BROOKFIELD - HOWARD MARKS, BRUCE KARSH, AND OTHER MEMBERS OF OAKTREE CAPITAL GROUP HOLDINGS, L.P. WILL OWN 38% AND RETAIN OPERATING CONTROL OF OAKTREE.BROOKFIELD ASSET MANAGEMENT INC - CASH PORTION OF AGGREGATE CONSIDERATION WILL BE FUNDED BY BROOKFIELD FROM AVAILABLE LIQUIDITY.BROOKFIELD ASSET MANAGEMENT - DEAL PROVIDES FOR PAYMENT BY OAKTREE OF A $225 MILLION TERMINATION FEE IF DEAL IS TERMINATED UNDER CERTAIN CIRCUMSTANCES.BROOKFIELD ASSET MANAGEMENT INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO BROOKFIELD ON A PER SHARE BASIS BEFORE ANY BENEFITS FROM COMBINATION.BROOKFIELD ASSET MANAGEMENT - OAKTREE BOARD ACTING ON RECOMMENDATION OF SPECIAL COMMITTEE UNANIMOUSLY RECOMMENDED THAT CO'S UNITHOLDERS APPROVE DEAL.BROOKFIELD ASSET MANAGEMENT - OAKTREE MAY PAY DISTRIBUTION IN RESPECT OF QUARTER ENDING MARCH 31, 2019 IN AN AMOUNT UP TO $1.05 PER OAKTREE CLASS A UNIT.BROOKFIELD - FOUNDERS, SENIOR MANAGEMENT, CURRENT EMPLOYEE-UNITHOLDERS OF OAKTREE CAPITAL GROUP HOLDINGS LP WILL SELL TO CO 20% OF THEIR UNITS.BROOKFIELD ASSET MANAGEMENT - COMMENCING 2022, FORMER EMPLOYEE-UNITHOLDERS WILL BE ABLE TO SELL THEIR REMAINING OAKTREE UNITS TO BROOKFIELD OVER TIME.  Full Article

Montrose Environmental Group Announces Partnership With Oaktree
Friday, 26 Oct 2018 11:00am EDT 

Oct 26 (Reuters) - Montrose Environmental Group::MONTROSE ENVIRONMENTAL GROUP, INC. ANNOUNCES PARTNERSHIP WITH OAKTREE.INVESTMENT MADE BY FUNDS MANAGED BY OAKTREE CAPITAL MANAGEMENT; TERMS OF INVESTMENT WERE NOT DISCLOSED.  Full Article

Oaktree Reports Q1 Adjusted Earnings Per Share $0.93
Thursday, 26 Apr 2018 08:30am EDT 

April 26 (Reuters) - Oaktree Capital Group LLC ::OAKTREE ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 REVENUE ROSE 16.5 PERCENT TO $337.3 MILLION.Q1 ADJUSTED EARNINGS PER SHARE $0.93.Q1 EARNINGS PER SHARE VIEW $0.70 -- THOMSON REUTERS I/B/E/S.AS OF MARCH 31, 2018, ASSETS UNDER MANAGEMENT WERE $121.4 BILLION, DOWN 2% FOR QUARTER.QTRLY GAAP NET INCOME $0.78 PER UNIT.  Full Article

Oaktree Q4 Adjusted Earnings Per Share $0.21
Tuesday, 6 Feb 2018 08:30am EST 

Feb 6 (Reuters) - Oaktree Capital Group Llc ::OAKTREE ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 4.3 PERCENT TO $311.1 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.21.ASSETS UNDER MANAGEMENT WERE $100.2 BILLION, UP 1% FOR QUARTER.QTRLY NET INCOME PER CLASS A UNIT $0.21.EXCLUDING IMPACT OF TAX ACT, QTRLY ADJUSTED NET INCOME PER CLASS A UNIT WAS $0.72.Q4 EARNINGS PER SHARE VIEW $0.53, REVENUE VIEW $286.4 MILLION -- THOMSON REUTERS I/B/E/S.OAKTREE CAPITAL-Q4, FY RESULTS REFLECT ​ESTIMATED IMPACT FROM TCJA,REDUCING GAAP NET INCOME,ADJUSTED NET INCOME ATTRIBUTABLE TO OAKTREE CAPITAL OF $33.2 MILLION​.  Full Article

Oaktree Capital to incur pre-tax charge of $23 mln in Q4
Thursday, 16 Nov 2017 10:32pm EST 

Nov 16 (Reuters) - Oaktree Capital Group LLC :OAKTREE ANNOUNCES DEFINITIVE AGREEMENT FOR $250 MILLION SENIOR NOTES OFFERING.OAKTREE CAPITAL - ‍REDEMPTION OF 2019 NOTES IS EXPECTED TO RESULT IN ONE-TIME, PRE-TAX CHARGE OF ABT $23 MILLION TO ADJUSTED NET INCOME IN Q4 OF 2017​.  Full Article

Oaktree announces $250 million offering of senior notes
Thursday, 9 Nov 2017 04:35pm EST 

Nov 9 (Reuters) - Oaktree Capital Group Llc :Oaktree announces $250 million offering of senior notes.Got commitments from certain investors to buy $250.0 million of 3.78% senior notes due 2032, to be issued by co's indirect unit.  Full Article

Oaktree announces Q3 adjusted earnings per share $0.67
Thursday, 26 Oct 2017 08:30am EDT 

Oct 26 (Reuters) - Oaktree Capital Group Llc :Oaktree announces third quarter 2017 financial results.Q3 revenue fell 19 percent to $235 million.Q3 adjusted earnings per share $0.67.Q3 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.Oaktree Capital Group LLC - qtrly ‍GAAP net income per unit $0.71​.  Full Article

Oaktree reports Q2 adj EPS $1.73
Thursday, 27 Jul 2017 08:30am EDT 

July 27 (Reuters) - Oaktree Capital Group Llc :Oaktree announces second quarter 2017 financial results.Q2 revenue rose 124.3 percent to $634.1 million.Q2 adjusted earnings per share $1.73.Q2 earnings per share view $1.48 -- Thomson Reuters I/B/E/S.Qtrly net income per class a unit $1.83.  Full Article

Photo

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

Brookfield Asset Management Inc said on Wednesday it will buy most of Oaktree Capital Management in a roughly $4.8 billion deal, creating an alternative-asset manager that will challenge the likes of industry giant Blackstone Group.