Brookfield Oaktree Holdings signs deal for Oaktree Capital Group partnership interests
Brookfield Oaktree Holdings, LLC entered into a Transaction Agreement on April 14, 2026, under which all outstanding limited partnership interests and equity awards of Oaktree Capital Group Holdings, Oaktree Equity Plan and Oaktree Equity Plan II will be acquired or cancelled. The consideration may include cash, Class A Limited Voting Shares of BAM or BN, ExchangeCo limited partnership interests, and BAM restricted stock units. The filing says the terms will not affect the company's 6.625% Series A and 6.550% Series B preferred units, and the deal is subject to customary closing conditions, including required regulatory approvals.
Key points
- Agreement dated April 14, 2026, with Acquisition Z (2026) LP and other parties, including Brookfield Asset Management Ltd. and Brookfield Corporation for limited purposes.
- Consideration may be cash, BAM Class A or BN Class A shares, ExchangeCo limited partnership interests, BAM RSUs, or a combination.
- Brookfield US Company LLC would buy all interests in Oaktree Capital I GP, LLC, in which BOH holds an approximately 74% economic interest before the Transactions.
- Either party may terminate if the Transactions do not close before January 14, 2027.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.