Brookfield Asset Management completes acquisition of Oaktree

• Brookfield Asset Management completed its acquisition of credit manager Oaktree, fully combining platforms in a partnership that began in 2019.
• The deal expands Brookfield’s global credit platform to $365 billion, spanning opportunistic credit, asset-backed finance, real asset credit, corporate performing credit.
• The U.S. becomes Brookfield’s largest market, hosting over 60% of its employees and generating nearly half of revenue.
• Howard Marks will serve as Oaktree co-chair, alongside Bruce Karsh, who remains chief investment officer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Asset Management Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608030645OMX_____CNEWS_EN_GNW9802278_en) on August 03, 2026, and is solely responsible for the information contained therein.