Brookfield Oaktree Holdings, LLC (NYSE: OAK-PB)

Brookfield Oaktree Holdings, LLC holds credit, real estate and equity investments managed by Oaktree Capital Management, L. P. and Brookfield Asset Management Ltd. The company primarily provides indirect exposure to Oaktree’s investment funds through its approximately 74% economic interest in Oaktree Capital I, L. P., which holds a majority of Oaktree’s investments in its funds, and through an indirect ownership interest in Brookfield Real Estate Income Trust Inc. Brookfield Oaktree Holdings, LLC issues Series A and Series B preferred units listed on the NYSE and delivers investment income to unitholders from its holdings.

The company generates revenue primarily through investment income derived from its limited partner stakes in Oaktree’s flagship opportunistic credit funds, its equity method investment in Oaktree Capital I, and its indirect ownership in Brookfield Real Estate Income Trust Inc. Historically, revenue also included incentive income earned from Oaktree Capital I’s role as general partner in certain funds, but after the 2024 restructuring such incentive income is reflected in the equity method investment income. The company does not produce goods or provide services beyond managing its investment holdings and receiving related administrative support from OCM under a services agreement.

The company operates through the following segments:

• Credit: This segment encompasses Oaktree’s opportunistic credit strategies, private debt funds, collateralized loan obligations, and business development companies, focusing on value‑oriented, risk‑controlled investments in distressed and specialty lending markets across the globe.

• Real Estate: This segment includes Oaktree’s real estate opportunities funds, real estate debt funds, and real estate income strategies, targeting equity and debt investments in commercial, residential, and industrial properties through opportunistic and value‑driven approaches.

• Equity: This segment covers Oaktree’s corporate private equity, power opportunities, and special situations strategies, seeking to acquire and improve privately held companies, power infrastructure assets, and special situation investments with the goal of generating superior risk‑adjusted returns.

Oaktree is recognized as a leader among global alternative investment managers, competing with larger firms such as Blackstone, KKR, and Apollo, while maintaining a competitive edge through its opportunistic, value‑oriented, risk‑controlled investment philosophy, deep fundamental analysis, and specialization across credit, equity, and real estate strategies that allows it to attract capital in market inefficiencies.

The company serves institutional investors including pension funds, endowments, foundations, sovereign wealth funds, and high‑net‑worth individuals who seek exposure to alternative asset classes through Oaktree’s commingled funds, separate accounts, and investment vehicles managed on their behalf.