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Industry News

Brookfield Asset Management to Acquire 62% of Oaktree Capital Management

13 March 2019

Canadian asset management firm, Brookfield Asset Management, will acquire a majority stake in Oaktree Capital Management.  The two businesses will continue to operate independently. Oaktree’s co-chairman, Howard Marks, will join the board of directors at Brookfield.

(Private Debt Investor) Brookfield Asset Management will acquire a majority stake in fellow alternatives manager Oaktree Capital Management, the firms announced today.

Read more at Private Debt Investor.