The Canadian investment company Brookfield Asset Management Ltd. and the parent company Brookfield Corp. We have signed an agreement to acquire the remaining 26% of shares of the American Oaktree Capital Management for $3 billion. This is reported in a Brookfield press release.
As part of the deal, Oaktree's total value is estimated at $11.5 billion, while the company's assets under management have increased by 75% since the acquisition of 62% of shares by Brookfield in 2019.
Brookfield will finance $1.6 billion of the total deal value, with the remainder provided by Brookfield Corp. taking into account the proportional participation in the company. The transaction is expected to be completed in early 2026.
Brookfield has traditionally specialized in real estate and infrastructure, and the deal with Oaktree will strengthen the company's lending business. Oaktree will remain central to Brookfield's lending strategy in terms of franchise development, expanding its market presence, and strengthening collaboration between businesses.
The deal demonstrates the activation of asset management companies in the alternative solutions market. In 2024, BlackRock Inc. acquired Adebayo Ogunlesi Global Infrastructure Partners for $112.5 billion and HPS Investment Partners for $12 billion.
Brookfield Asset Management Ltd. is a Canadian alternative asset management investment company. The company invests in the real estate, renewable energy, infrastructure, lending, insurance, and private equity sectors. The headquarters is located in Toronto (Canada). The company manages assets worth more than $1 trillion.
Oaktree Capital Management is an American multinational asset management company worth $205 billion. The company owns assets in the shipping, energy and mining sectors, as well as technology and financial services. The headquarters is located in Los Angeles (California) with offices in New York, London, Hong Kong, etc.
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