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AI brief of an SEC Form 8-K · Brookfield Oaktree Holdings, LLC (OAK-PA)

Brookfield Oaktree Holdings completes Transactions, replaces CEO and CFO, shrinks board

Neutral Impact 4 of 5 m&a Written later

On July 31, 2026, the Transactions under an April 14, 2026 Transaction Agreement were completed, and all outstanding limited partnership interests and equity awards of Oaktree Capital Group Holdings, Oaktree Equity Plan and Oaktree Equity Plan II were acquired or cancelled. The company also reduced its board from 10 directors to 5, replaced its CEO and CFO, and amended its operating agreement, changing its governance structure and removing certain member consent rights over management.

Key points

  • Transactions completed July 31, 2026; consideration included cash, Brookfield Asset Management and Brookfield Corporation Class A Limited Voting Shares, ExchangeCo limited partnership interests, and BAM restricted stock units.
  • Ten directors resigned, including Howard S. Marks and Bruce A. Karsh; Matt Herrington, Karly Dyck, Kunal Dusad, Brett Fox and Aleks Novakovic were appointed, and the board was reduced to 5 directors.
  • Matt Herrington succeeded Nicholas H. Goodman as CEO, and Karly Dyck succeeded Daniel Levin as CFO and Secretary, effective July 31, 2026.
  • Oaktree Capital I GP, LLC was sold to Brookfield US Company LLC for fair market value consideration; the filing does not disclose a dollar amount.

The filing

CompanyBrookfield Oaktree Holdings, LLC (OAK-PA)
Form8-K, current report
Filed with the SECAug 3, 2026, 4:13 PM ET
Accession number0001403528-26-000068

Items reported: 2.01 Acquisition or Disposition Completed5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

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 August 03, 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.