{"success":true,"data":{"pressRelease":{"id":"106004","rtpr_id":"nGNX1tWBX0","ticker":"BAM","exchange":"NYSE","all_tickers":["BAM","BN"],"title":"Brookfield Completes Acquisition of Oaktree","author":"Globe Newswire","published_at":"2026-08-03T10:45:00.111Z","article_body":"NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Brookfield today announced that it\nhas completed its acquisition of Oaktree, one of the world’s premier credit\nmanagers. The transaction marks the next step in a partnership that began in\n2019 and fully brings together the Oaktree and Brookfield platforms. With the\naddition of Oaktree, Brookfield’s global credit platform offers a broad\nrange of solutions across opportunistic credit, real asset credit,\nasset-backed finance and corporate performing credit to institutions,\nfinancial advisors and individuals.\n\nConnor Teskey, CEO of Brookfield Asset Management, said, “Brookfield has\nbeen a leading alternative asset investor for decades and over the past 20\nyears has built a credit business to complement its global real asset\nplatforms. Adding the Oaktree franchise has further strengthened our ability\nto invest across market cycles and opportunity sets, enhanced by Oaktree’s\ntrack record and underwriting capabilities. We look forward to building on\ntheir strong track record and deep expertise as we continue to grow our credit\nbusiness globally.”\n\nBob O’Leary and Armen Panossian, Co-CEOs of Brookfield’s Credit Group,\nsaid, “Brookfield and Oaktree’s partnership over the past seven years has\nbeen built on a shared commitment to disciplined investing and a long-term\nperspective. This next step allows us to build on that foundation and continue\ndelivering strong outcomes for our clients.”\n\nHoward Marks will be Co-Chair of Oaktree, in addition to his role as a\nDirector of Brookfield Corporation, and Chair of Brookfield’s Investment\nSolutions Group. Bruce Karsh will also be Co-Chair of Oaktree in addition to\nbeing Oaktree’s Chief Investment Officer and portfolio manager for\nOaktree’s Global Opportunities and Global Credit strategies.\n\nWith the acquisition of Oaktree, the U.S. becomes Brookfield Asset\nManagement’s largest market. It is now home to over 60% of Brookfield Asset\nManagement's employee base and the source of nearly half of its revenue. It\nfurther deepens Brookfield’s long-standing presence in the country and\nreinforces its commitment to investing in the U.S. economy. At the same time,\nOaktree's global investment platform and presence in 18 countries broadens the\nreach of Brookfield's credit business, strengthening its ability to serve\nclients and deploy capital worldwide.\n\nAbout Brookfield\n\nBrookfield is a leading global investment firm with more than $1 trillion in\nassets under management. The firm owns and operates high-quality businesses\nand real assets that provide essential services and form the backbone of the\nglobal economy. Brookfield invests on behalf of institutions and individuals\naround the world across infrastructure, energy, private equity, real estate,\nand credit. With more than a century of operating experience and a global\npresence in over 30 countries, Brookfield deploys long-term capital to\ngenerate sustainable value for its clients and shareholders. Brookfield\nCorporation (NYSE: BN, TSX: BN) and Brookfield Asset Management (NYSE: BAM,\nTSX: BAM) are publicly traded in New York and Toronto.\n\nFor more information, please visit our website at www.brookfield.com.\n\n Brookfield Media : Kerrie McHugh Tel: (212) 618-3469 Email: kerrie.mchugh@brookfield.com  Brookfield Investor Relations: Jason Fooks Tel: (212) 417-2442 Email: jason.fooks@brookfield.com  \n\nNotice to Readers\n\nThis news release contains “forward-looking statements” within the meaning\nof the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934,\n“safe harbor” provisions of the United States Private Securities\nLitigation Reform Act of 1995 and “forward-looking information” within the\nmeaning of other relevant securities legislation, including applicable\nsecurities laws in Canada, which reflect our current views with respect to,\namong other things, our operations and financial performance (collectively,\n“forward-looking statements”). Forward-looking statements include\nstatements that are predictive in nature, depend upon or refer to future\nresults, events or conditions, and include, but are not limited to, statements\nwhich reflect management’s current estimates, beliefs and assumptions and\nwhich are in turn based on our experience and perception of historical trends,\ncurrent conditions and expected future developments, as well as other factors\nmanagement believes are appropriate in the circumstances. The estimates,\nbeliefs and assumptions of Brookfield are inherently subject to significant\nbusiness, economic, competitive and other uncertainties and contingencies\nregarding future events and as such, are subject to change. Forward-looking\nstatements are typically identified by words such as “expect”,\n“anticipate”, “believe”, “foresee”, “could”, “estimate”,\n“goal”, “intend”, “plan”, “seek”, “strive”, “will”,\n“may” and “should” and similar expressions. In particular, the\nforward-looking statements contained in this news release include statements\nreferring to the expected impact of the completed acquisition.\n\nAlthough Brookfield believes that such forward-looking statements are based\nupon reasonable estimates, beliefs and assumptions, certain factors, risks and\nuncertainties, which are described from time to time in our documents filed\nwith the securities regulators in Canada and the United States, not presently\nknown to Brookfield or that that Brookfield currently believes are not\nmaterial, could cause actual results or events to differ materially from those\ncontemplated or implied by forward-looking statements.\n\nReaders are urged to consider these risks, as well as other uncertainties,\nfactors and assumptions carefully in evaluating the forward-looking statements\nand are cautioned not to place undue reliance on such forward-looking\nstatements, which are based only on information available to us as of the date\nof this news release. Except as required by law, Brookfield undertakes no\nobligation to publicly update or revise any forward-looking statements,\nwhether written or oral, that may be as a result of new information, future\nevents or otherwise.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/3a57691b-db18-4432-b333-64c887278a17)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1tWBX0","title":"Brookfield Completes Acquisition of Oaktree","author":"Globe Newswire","ticker":"BAM","created":"2026-08-03T10:45:00.111Z","tickers":["BAM","BN"],"exchange":"NYSE","article_body":"NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Brookfield today announced that it\nhas completed its acquisition of Oaktree, one of the world’s premier credit\nmanagers. The transaction marks the next step in a partnership that began in\n2019 and fully brings together the Oaktree and Brookfield platforms. With the\naddition of Oaktree, Brookfield’s global credit platform offers a broad\nrange of solutions across opportunistic credit, real asset credit,\nasset-backed finance and corporate performing credit to institutions,\nfinancial advisors and individuals.\n\nConnor Teskey, CEO of Brookfield Asset Management, said, “Brookfield has\nbeen a leading alternative asset investor for decades and over the past 20\nyears has built a credit business to complement its global real asset\nplatforms. Adding the Oaktree franchise has further strengthened our ability\nto invest across market cycles and opportunity sets, enhanced by Oaktree’s\ntrack record and underwriting capabilities. We look forward to building on\ntheir strong track record and deep expertise as we continue to grow our credit\nbusiness globally.”\n\nBob O’Leary and Armen Panossian, Co-CEOs of Brookfield’s Credit Group,\nsaid, “Brookfield and Oaktree’s partnership over the past seven years has\nbeen built on a shared commitment to disciplined investing and a long-term\nperspective. This next step allows us to build on that foundation and continue\ndelivering strong outcomes for our clients.”\n\nHoward Marks will be Co-Chair of Oaktree, in addition to his role as a\nDirector of Brookfield Corporation, and Chair of Brookfield’s Investment\nSolutions Group. Bruce Karsh will also be Co-Chair of Oaktree in addition to\nbeing Oaktree’s Chief Investment Officer and portfolio manager for\nOaktree’s Global Opportunities and Global Credit strategies.\n\nWith the acquisition of Oaktree, the U.S. becomes Brookfield Asset\nManagement’s largest market. It is now home to over 60% of Brookfield Asset\nManagement's employee base and the source of nearly half of its revenue. It\nfurther deepens Brookfield’s long-standing presence in the country and\nreinforces its commitment to investing in the U.S. economy. At the same time,\nOaktree's global investment platform and presence in 18 countries broadens the\nreach of Brookfield's credit business, strengthening its ability to serve\nclients and deploy capital worldwide.\n\nAbout Brookfield\n\nBrookfield is a leading global investment firm with more than $1 trillion in\nassets under management. The firm owns and operates high-quality businesses\nand real assets that provide essential services and form the backbone of the\nglobal economy. Brookfield invests on behalf of institutions and individuals\naround the world across infrastructure, energy, private equity, real estate,\nand credit. With more than a century of operating experience and a global\npresence in over 30 countries, Brookfield deploys long-term capital to\ngenerate sustainable value for its clients and shareholders. Brookfield\nCorporation (NYSE: BN, TSX: BN) and Brookfield Asset Management (NYSE: BAM,\nTSX: BAM) are publicly traded in New York and Toronto.\n\nFor more information, please visit our website at www.brookfield.com.\n\n Brookfield Media : Kerrie McHugh Tel: (212) 618-3469 Email: kerrie.mchugh@brookfield.com  Brookfield Investor Relations: Jason Fooks Tel: (212) 417-2442 Email: jason.fooks@brookfield.com  \n\nNotice to Readers\n\nThis news release contains “forward-looking statements” within the meaning\nof the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934,\n“safe harbor” provisions of the United States Private Securities\nLitigation Reform Act of 1995 and “forward-looking information” within the\nmeaning of other relevant securities legislation, including applicable\nsecurities laws in Canada, which reflect our current views with respect to,\namong other things, our operations and financial performance (collectively,\n“forward-looking statements”). Forward-looking statements include\nstatements that are predictive in nature, depend upon or refer to future\nresults, events or conditions, and include, but are not limited to, statements\nwhich reflect management’s current estimates, beliefs and assumptions and\nwhich are in turn based on our experience and perception of historical trends,\ncurrent conditions and expected future developments, as well as other factors\nmanagement believes are appropriate in the circumstances. The estimates,\nbeliefs and assumptions of Brookfield are inherently subject to significant\nbusiness, economic, competitive and other uncertainties and contingencies\nregarding future events and as such, are subject to change. Forward-looking\nstatements are typically identified by words such as “expect”,\n“anticipate”, “believe”, “foresee”, “could”, “estimate”,\n“goal”, “intend”, “plan”, “seek”, “strive”, “will”,\n“may” and “should” and similar expressions. In particular, the\nforward-looking statements contained in this news release include statements\nreferring to the expected impact of the completed acquisition.\n\nAlthough Brookfield believes that such forward-looking statements are based\nupon reasonable estimates, beliefs and assumptions, certain factors, risks and\nuncertainties, which are described from time to time in our documents filed\nwith the securities regulators in Canada and the United States, not presently\nknown to Brookfield or that that Brookfield currently believes are not\nmaterial, could cause actual results or events to differ materially from those\ncontemplated or implied by forward-looking statements.\n\nReaders are urged to consider these risks, as well as other uncertainties,\nfactors and assumptions carefully in evaluating the forward-looking statements\nand are cautioned not to place undue reliance on such forward-looking\nstatements, which are based only on information available to us as of the date\nof this news release. Except as required by law, Brookfield undertakes no\nobligation to publicly update or revise any forward-looking statements,\nwhether written or oral, that may be as a result of new information, future\nevents or otherwise.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/3a57691b-db18-4432-b333-64c887278a17)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-03T10:45:00.160324632Z","server_sent_at_ms":1785753900160},"received_at":"2026-08-03T10:45:00.212Z","source_url":"https://www.globenewswire.com/news-release/2026/08/03/3337342/0/en/brookfield-completes-acquisition-of-oaktree.html"},"analysis":{"id":"95015","press_release_id":"106004","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"m_and_a","narrative":"Brookfield has completed its acquisition of Oaktree, finalizing a partnership that began in 2019 and significantly expanding its global credit platform.\n\nThe transaction establishes the U.S. as Brookfield Asset Management's largest market, now home to over 60% of its employee base and the source of nearly half its revenue.\n\nWith the addition of Oaktree, Brookfield's consolidated assets under management exceed $1 trillion, bolstering its ability to deploy capital across 18 countries.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Oaktree integration complete—BAM cements status as global credit leader with $1T+ AUM footprint."},"keyFigures":{"customDimensions":{"aum":"more than $1 trillion","us_revenue_percentage":"nearly half","us_employee_percentage":"over 60%","oaktree_country_presence":18}},"quotedText":"Adding the Oaktree franchise has further strengthened our ability to invest across market cycles and opportunity sets, enhanced by Oaktree’s track record and underwriting capabilities.","namedEntities":{"people":[{"name":"Connor Teskey","role":"CEO of Brookfield Asset Management"},{"name":"Bob O’Leary","role":"Co-CEO of Brookfield’s Credit Group"},{"name":"Armen Panossian","role":"Co-CEO of Brookfield’s Credit Group"},{"name":"Howard Marks","role":"Co-Chair of Oaktree"},{"name":"Bruce Karsh","role":"Co-Chair of Oaktree and CIO"}],"products":[],"companies":[{"name":"Brookfield Asset Management","ticker":"BAM"},{"name":"Oaktree","relationship":"acquired"},{"name":"Brookfield Corporation","ticker":"BN","relationship":"related entity"}],"dollarAmounts":[{"amount":"more than $1 trillion","context":"assets under management"}]},"materialImpact":{"score":5,"reasoning":"Completion of a transformative acquisition adding a premier credit manager (Oaktree) to the platform, significantly strengthening Brookfield's global credit capabilities and establishing the U.S. as its largest market."},"tickerRelevance":{"others":[{"ticker":"BN","relevance":"related entity"}],"primary":"BAM"},"globalImportance":55,"audienceRelevance":60,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"major_m_a_close","sectorWeight":"Financials","householdBrandBoost":true}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":5,"narrative":"Brookfield has completed its acquisition of Oaktree, finalizing a partnership that began in 2019 and significantly expanding its global credit platform.\n\nThe transaction establishes the U.S. as Brookfield Asset Management's largest market, now home to over 60% of its employee base and the source of nearly half its revenue.\n\nWith the addition of Oaktree, Brookfield's consolidated assets under management exceed $1 trillion, bolstering its ability to deploy capital across 18 countries.","key_figures":{"customDimensions":{"aum":"more than $1 trillion","us_revenue_percentage":"nearly half","us_employee_percentage":"over 60%","oaktree_country_presence":18}},"named_entities":{"people":[{"name":"Connor Teskey","role":"CEO of Brookfield Asset Management"},{"name":"Bob O’Leary","role":"Co-CEO of Brookfield’s Credit Group"},{"name":"Armen Panossian","role":"Co-CEO of Brookfield’s Credit Group"},{"name":"Howard Marks","role":"Co-Chair of Oaktree"},{"name":"Bruce Karsh","role":"Co-Chair of Oaktree and CIO"}],"products":[],"companies":[{"name":"Brookfield Asset Management","ticker":"BAM"},{"name":"Oaktree","relationship":"acquired"},{"name":"Brookfield Corporation","ticker":"BN","relationship":"related entity"}],"dollarAmounts":[{"amount":"more than $1 trillion","context":"assets under management"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-03T10:53:11.878Z","global_importance":55,"audience_relevance":60,"importance_components":{"tickerTier":"large-cap","eventGravity":"major_m_a_close","sectorWeight":"Financials","householdBrandBoost":true}},"durationMs":89706,"modelName":"glm-4.7"}}