Oaktree Capital Management, L.P.

To celebrate the 35th anniversary of his memos, Howard Marks recently held a fireside chat for Oaktree employees. Listen to an excerpt from the conversation to hear Howard discuss why he started writing and why he’s kept at it, and learn more about the enduring investment truths encapsulated by his memos: https://lnkd.in/e9G_ii5B   Click here to listen and subscribe to memos from Howard Marks: https://lnkd.in/evHhfSXS #AlternativeInvesting

ICYMI: Justin Guichard evaluates the current state of the #realestate capital markets in the latest edition of The Roundup.    Read more here: https://lnkd.in/gQHDdMBm #AlternativeInvesting

To celebrate 35 years of Howard Marks’s memos, we’re excited to release The Best of . . . , a curated collection of the memos he considers most impactful. Some set out what he considers the enduring truths of investing – from the need for second-level thinking to the importance of risk control, the inevitability of cycles, and the futility of macro forecasting. Others chronicle the most impactful financial events of the last three decades: the dot-com bubble, the Global Financial Crisis, and the sea change in interest rate policy that took place in 2022. Watch Howard discuss this milestone: https://lnkd.in/gGeraTr6 Read The Best of . . . now: https://lnkd.in/gzGgSpj9 #AlternativeInvesting

Co-chairman Howard Marks joined Sara Eisen on CNBC to discuss his memo writing process and how it has evolved. To celebrate 35 years of his memos, tomorrow we will release The Best of . . . , a curated collection of the memos he considers most impactful. Watch the full interview here: https://lnkd.in/gSJZ82T5  #AlternativeInvesting

ICYMI: Oaktree experts explore opportunities for #specialsituations investors in the latest edition of The Roundup.   Read more here: https://lnkd.in/gQHDdMBm #AlternativeInvesting

In the latest episode of The Insight: Conversations, Oaktree experts assess the bifurcation in equity and credit markets today, examine dislocation in the healthcare sector, and take a closer look at the recent resurgence of activity within commercial real estate: https://lnkd.in/ez-pRuhK Steve Tesoriere (Co-Portfolio Manager, Value Opportunities), Olivia Guthorn (Managing Director, Global Opportunities), and Justin Guichard (Co-Portfolio Manager, Real Estate Debt) explore these topics and more from the recently published edition of The Roundup: Top Takeaways from Oaktree’s Quarterly Letters.   Subscribe to The Insight by Oaktree Capital wherever you get your podcasts: https://lnkd.in/egkzZVbX

Oaktree’s Value Opportunities strategy is pleased to be shortlisted in the “Distressed credit - over $500 million” category for the 2025 HFM U.S. Performance Awards. More information: https://lnkd.in/ez93iSNw #AlternativeInvesting Disclaimer: The With Intelligence HFM U.S. Performance Awards are judged by a panel made up of leading institutional and private consultants and investment consultants, selected by the organization. Judges focus on absolute performance as well as standard deviation of returns and outperformance of the relevant With Intelligence benchmark index. They also take into consideration the relative AUM, 1-, 3- and 5-year track-records, nature of the investment strategy, other supporting materials and professional knowledge they have about shortlisted funds to come to their decisions. This methodology aims to reflect how institutional investors assess hedge fund performance in their allocation decisions in the real world.

Behind the stable picture presented by major credit indices is a bifurcation into the ‘‘haves’’ and ‘‘have-nots,’’ the latter which may struggle to refinance and ultimately face some sort of liability management.  Read more: https://lnkd.in/gQHDdMBm #AlternativeInvesting #InsightsInFocus

Danielle Poli, CAIA, Assistant Portfolio Manager for Oaktree's Global Credit strategy, joined Bloomberg Television for a discussion on the outlook for the #privatecredit market and where pockets of dislocation may arise. Read and watch more here: https://lnkd.in/eHWM3KJs #AlternativeInvesting

In the latest installment of The Roundup, Oaktree experts explore the bifurcated nature of credit markets, discuss potential disruption within the healthcare sector, assess the ramifications of limited private equity deal activity, and evaluate the current state of the real estate capital markets. Plus, we’ve included an excerpt from Howard Marks’s latest memo. You can listen to the audio version of The Roundup via the audio player at the top of the written piece on Oaktree’s website.   Read/Listen: https://lnkd.in/gQHDdMBm