Oaktree Capital Management, L.P. is a large advisory firm based in Los Angeles. It manages $101.29 billion of regulatory assets for 427 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Texas, and Washington.
Oaktree Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Oaktree Capital Management, L.P. is $101.29 billion. The firm's AUM has grown by 94% since the beginning of its operation, and $65.46 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Oaktree Capital Management, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, pooled investment vehicles, business development companies, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Oaktree Capital Management is pooled investment vehicles with 199 clients and $77.49 billion of assets under management. Among the 12 most similar advisory firms, Oaktree Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $100.45 billion for 290 clients. 46% of the firm’s clients are foreign persons or businesses.
Oaktree Capital Management also advises several private funds. Namely, one hundred forty hedge funds, four real estate funds, thirteen other private funds, twenty four private equity funds, and fourteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $11,431,500.
The company employs 624 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Daniel Dane Levin joined the executive team most recently as the Principal And Chief Financial Officer.
The principal office where Oaktree Capital Management, L.P. performs its advisory services is located at 333 South Grand Ave, Los Angeles, CA 90071, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 213-830-6300. The normal business hours are 7:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at oaktreecapital.com and its LinkedIn profile.