
Oaktree Capital Management was founded in 1995 by five investment professionals, including Bruce Karsh, Howard Marks, and Stephen Feinberg.
The company is headquartered in Los Angeles, California, with offices in New York City, London, and other locations around the world.
Oaktree Capital Management is a global investment management firm that specializes in alternative investments, including distressed debt, corporate debt, and equity.
Bruce Karsh serves as the President and Chief Investment Officer of the company, leading the investment team in making investment decisions.
Industry Insights
Oaktree Capital Management is a global investment manager with a unique approach. They focus on distressed debt and corporate debt, with a portfolio that spans over $120 billion in assets.
Their investment strategy is centered around identifying undervalued companies and providing them with capital to restructure or grow. This approach has led to impressive returns for their investors.
The firm's founder, Howard Marks, is a well-known expert in the field of value investing, with a keen eye for spotting opportunities in the market. He has written extensively on the topic of value investing, sharing his insights and experiences.
Oaktree Capital Management has a diverse team of over 750 professionals, with a presence in over 15 countries. This global reach allows them to identify and capitalize on investment opportunities worldwide.
Their investment philosophy is built on a foundation of discipline, patience, and a long-term perspective, which has enabled them to navigate market fluctuations with success.
W299/2014 Gen
Oaktree Capital Management (Dubai) Limited has a registered office address at Office No 15052, The Gate, Level 15, DIFC, PO Box 121208, Dubai, UAE.
Their DFSA Firm Reference No. is F002385, and the notice number for this information is W299/2014.
The company is subject to certain rules, specifically Rule GEN 7.5.2, which has been modified to require that the Authorised Individuals referred to in Rule 7.5.1(a), (c) and (d) must be resident in the U.A.E.
Bryan Stirewalt, the Managing Director, issued this notice on 21 October 2014 under Article 25 of the Regulatory Law 2004.
Oaktree's Business Ventures
Oaktree's Business Ventures are quite impressive. The firm has a diverse range of investments, including distressed debt, corporate debt, high-yield bonds, and equity.
Oaktree has a significant presence in the private equity space, with investments in various sectors such as hospitality, retail, and healthcare.
Principal Subsidiaries
Oaktree's business ventures are supported by its principal subsidiaries, which play a crucial role in its operations.
OCM Investments, LLC is one of the key subsidiaries, handling various investment-related tasks.
Oaktree Capital Management Limited is another significant subsidiary, focused on managing the company's capital.
These subsidiaries help Oaktree execute its business strategies effectively.
Movie Theater Business in the 2000s
In the 2000s, Oaktree Capital made significant investments in the movie theater business, partnering with other companies to acquire struggling chains.
Oaktree Capital acquired 35% of the bank loans belonging to Regal Cinemas Inc. in 2001, gaining an equity position at an attractive price.
The company also partnered with Onex to take control of Loews Cineplex Entertainment Corp. and bankrupt GC Companies Inc., the owner of General Cinema Theatres Inc.
Oaktree Capital acquired Silver Cinemas Inc. in mid-2001, which owned Landmark Theatre Corp., the largest art-house chain in the United States.
The company sold Landmark Theatre Corp. in 2003, profiting on its initial $40 million investment.
Oaktree Capital and Onex restructured the Loews chain, spending $35 million on three acquisitions, and brought the chain out of bankruptcy.
The two investment firms sold the Loews chain for $1.46 billion in mid-2004, roughly doubling their money.
This successful exit marked a significant milestone for Oaktree Capital in the movie theater business, demonstrating the company's ability to identify undervalued assets and generate substantial returns.
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Oaktree Capital Management's founder, Howard Marks, has written extensively on value investing, sharing his insights in books like "The Most Important Thing" and "Mastering the Market Cycle".
He emphasizes the importance of being a value investor, focusing on companies with strong fundamentals and undervalued assets.
Oaktree Capital Management has a long history of success, with over $120 billion in assets under management.
Their investment strategy is centered around distressed debt and special situations, allowing them to capitalize on undervalued assets.
The firm's team of experienced investors has a proven track record of generating strong returns for investors.
Oaktree Capital Management has a global presence, with offices in the US, Europe, and Asia.
Frequently Asked Questions
Who owns Oaktree Capital Management?
Oaktree Capital Management is owned by Brookfield Asset Management, which acquired a majority interest in 2019.
Does Oaktree pay well?
Yes, Oaktree Capital Management offers competitive salaries, with average annual ranges from $68,000 to $279,387. Salaries vary by position, but overall, Oaktree is known to pay well for its employees.
Where is Oaktree headquarters?
Oaktree's headquarters is located in Los Angeles. You can find more information about Oaktree's global presence and operations here.
What companies does Oaktree Capital own?
Oaktree Capital Management LP's top holdings include TORM plc, Expand Energy Corporation, Garrett Motion Inc., Sitio Royalties Corp., and SPDR S&P 500 ETF Trust. These companies make up a significant portion of Oaktree Capital's investment portfolio.
Sources
- https://investigate.afsc.org/company/oaktree-capital-management
- https://rocketreach.co/oaktree-capital-management-lp-profile_b5c65a3df42e0cae
- https://www.encyclopedia.com/books/politics-and-business-magazines/oaktree-capital-management-llc
- https://dfsaen.thomsonreuters.com/rulebook/w2992014-gen-oaktree-capital-management-dubai-limited
- https://www.privateequityinternational.com/institution-profiles/oaktree-capital-management.html
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