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July 30, 2015 4:55 AM ET

Capital Markets

Company Overview of Oaktree Capital Group, LLC

Company Overview

Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. It manage investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities. The company pursues these strategies through closed-end, open-end, and evergreen funds. Oaktree Capital Group, LLC was founded in 1995 and is headquartered in Los Angeles, California.

333 South Grand Avenue

28th Floor

Los Angeles, CA 90071

United States

Founded in 1995

927 Employees

Phone:

213-830-6300

Key Executives for Oaktree Capital Group, LLC

Chief Executive Officer, Director and Member of Executive Committee
Age: 58
Total Annual Compensation: $1.1M
Co-Chairman, Chief Investment Officer, Portfolio Manager, Director and Member of Executive Committee
Age: 60
Chief Financial Officer, Principal and Director
Age: 59
Head of Credit Strategies and Managing Director
Age: 44
Total Annual Compensation: $2.8M
Managing Director
Age: 46
Compensation as of Fiscal Year 2014.

Oaktree Capital Group, LLC Key Developments

Oaktree Capital Group, LLC Declares Distribution for the Second Quarter Ended June 30, 2015 Payable on August 13, 2015

Oaktree Capital Group, LLC has declared a distribution attributable to the second quarter ended June 30, 2015 of $0.50 per Class A unit. This distribution will be paid on August 13, 2015 to Class A unitholders of record at the close of business on August 10, 2015.

Oaktree Capital Group, LLC Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Oaktree Capital Group, LLC reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income attributable to company of $19.8 million or $0.41 per basic and diluted unit compared to net income attributable to company of $31.2 million or $0.72 per basic and diluted unit reported in the same period last year. Total revenues were $51.5 million against $51.6 million reported last year. Investment income was $15.7 million against $4.4 million reported last year. Loss before income taxes was $311.15 million against income before income taxes of $1,313.0 million reported last year. Adjusted net income was $21.4 million or $0.44 per Class A unit against $32.7 million or $0.75 per Class A unit reported last year. Adjusted net income before interest and other income (expense) was $96.8 million against $141.7 million reported last year. Assets under management (AUM) as of June 30, 2015 were $103.1 billion, up 13% from $91.1 billion reported on June 30, 2014. The second quarter decline in adjusted net income were primarily attributable to lower fee-related earnings and, in the case of ANI, lower investment income. For the six months, the company reported net income attributable to company of $58.1 million or $1.24 per basic and diluted unit compared to net income attributable to company of $83 million or $1.99 per basic and diluted unit reported in the same period last year. Total revenues were $102.3 million against $92 million reported last year. Investment income was $28.4 million against $9.4 million reported last year. Income before income taxes was $979.7 million against $2,861.2 million reported last year. Adjusted net income was $59.7 million or $1.28 per Class A unit against $90.6 million or $2.18 per Class A unit reported last year. Adjusted net income before interest and other income (expense) was $261.9 million against $396.9 million reported last year.

Oaktree Capital Group, LLC to Report Q2, 2015 Results on Jul 28, 2015

Oaktree Capital Group, LLC announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Jul 28, 2015

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