Brookfield Acquires Remaining Oaktree Stake for $3 Billion in Major Alternative Investment Expansion
Brookfield Corporation and Brookfield Asset Management have agreed to acquire the remaining 26% of Oaktree Capital Management for approximately $3 billion. This strategic move significantly expands Brookfield’s presence in the private credit and alternative investment markets.
In a landmark transaction reshaping the alternative investment landscape, Brookfield Corporation and Brookfield Asset Management have announced a definitive agreement to acquire the remaining stake in Oaktree Capital Management for approximately $3 billion. This acquisition represents one of the most significant consolidations in the asset management industry this year, bringing together two powerhouses in private markets investing.