14 Oct 2025 | 5 Mins Read

Brookfield buys Oaktree for $3 bn to boost credit division

Flipitmoney

Brookfield Asset Management will acquire the remaining 26% stake in Oaktree Capital Management for about $3 billion, with funding from Brookfield and its subsidiary, Brookfield Asset Management, totaling $3 billion. Oaktree will add to Brookfield's $550 billion U.S. assets, and the deal is expected to strengthen Brookfield's credit business and expand its wealth solutions business.