# Brookfield Oaktree Holdings, LLC (OAK-PB) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_c1f37623b44987249f9d · retrieved 2026-08-11T16:12:43.804Z

## Overview
Brookfield Oaktree Holdings, LLC is a Delaware limited liability company that serves as the holding entity for Oaktree Capital Group's operating entities, including Oaktree Capital I, L.P., Oaktree Capital II, L.P., Oaktree Capital Management, L.P., and other investment partnerships and funds.

On July 31, 2026, Brookfield Oaktree Holdings, LLC (BOH) completed a complex transaction contemplated by a Transaction Agreement dated April 14, 2026, whereby all outstanding limited partnership interests and equity awards of Oaktree Capital Group Holdings, L.P. (OCGH), Oaktree Equity Plan, L.P. (OEP), and Oaktree Equity Plan II, L.P. (OEP II) were acquired and/or cancelled in exchange for cash, Class A Limited Voting Shares of Brookfield Asset Management Ltd. (BAM), Class A Limited Voting Shares of Brookfield Corporation (BN), limited partnership interests of Exchange LP (ExchangeCo), and/or BAM restricted stock units (RSUs). In connection with the consummation, the entire board of directors was reconstituted, with ten directors (Howard S. Marks, Bruce A. Karsh, John B. Frank, Sheldon M. Stone, Justin B. Beber, Bruce Flatt, Steven J. Gilbert, Depelsha T. McGruder, Mansco Perry, and Marna C. Whittington) resigning effective July 31, 2026, and five new directors (Matt Herrington, Karly Dyck, Kunal Dusad, Brett Fox, and Aleks Novakovic) appointed to the board. Matt Herrington was appointed Chief Executive Officer and Karly Dyck was appointed Chief Financial Officer and Secretary, both effective July 31, 2026, replacing Nicholas H. Goodman and Daniel Levin, respectively.

## Terms
- Counterparty: Brookfield Corporation; Brookfield Asset Management Ltd. · Consideration: mixed

## Key dates
- Completed 2026-07-31

## Timeline
- 2026-08-03 · 8-K (0001403528-26-000068): 8-K - Brookfield Oaktree Holdings, LLC — *Brookfield Oaktree Holdings, LLC is a Delaware limited liability company that serves as the holding entity for Oaktree Capital Group's operating entities, including Oaktree Capital I, L.P., Oaktree Capital II, L.P., Oaktree Capital Management, L.P., and other investment partnerships and funds.* On July 31, 2026, Brookfield Oaktree Holdings, LLC (BOH) completed a complex transaction contemplated by a Transaction Agreement dated April 14, 2026, whereby all outstanding limited partnership interests and equity awards of Oaktree Capital Group Holdings, L.P. (OCGH), Oaktree Equity Plan, L.P. (OEP), and Oaktree Equity Plan II, L.P. (OEP II) were acquired and/or cancelled in exchange for cash, Class A Limited Voting Shares of Brookfield Asset Management Ltd. (BAM), Class A Limited Voting Shares of Brookfield Corporation (BN), limited partnership interests of Exchange LP (ExchangeCo), and/or BAM restricted stock units (RSUs). In connection with the consummation, the entire board of directors was reconstituted, with ten directors (Howard S. Marks, Bruce A. Karsh, John B. Frank, Sheldon M. Stone, Justin B. Beber, Bruce Flatt, Steven J. Gilbert, Depelsha T. McGruder, Mansco Perry, and Marna C. Whittington) resigning effective July 31, 2026, and five new directors (Matt Herrington, Karly Dyck, Kunal Dusad, Brett Fox, and Aleks Novakovic) appointed to the board. Matt Herrington was appointed Chief Executive Officer and Karly Dyck was appointed Chief Financial Officer and Secretary, both effective July 31, 2026, replacing Nicholas H. Goodman and Daniel Levin, respectively.
  https://www.sec.gov/Archives/edgar/data/1403528/0001403528-26-000068.txt

## Citations
- 0001403528-26-000068 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000140352826000068