Brookfield Completes $3.0 Billion Acquisition of Oaktree Credit Manager

Brookfield Asset Management (BAM) has completed its previously announced acquisition of global credit manager Oaktree. The company acquired the remaining 26% interest it did not already own for approximately $3.0 billion, resulting in 100% ownership and the full integration of Oaktree into Brookfield's credit platform.

Key Details

• Transaction Date: The acquisition was completed on July 31, 2026.
• Total Consideration: Approximately $3.0 billion, paid through a combination of cash and shares of Brookfield Asset Management (BAM) and Brookfield Corporation (BN).
• Strategic Rationale: The deal strengthens Brookfield's $365 billion credit platform by combining Oaktree's cycle-tested expertise with Brookfield's global scale and reach.