CCI Approves Brookfield Asset Management’s Acquisition of Oaktree Group Units

The Competition Commission of India (CCI) has approved the acquisition of units of Oaktree Capital Group Holdings, L.P. (OCGH) and Oaktree Equity Plan, L.P. (OEP) by Brookfield Asset Management Ltd. (BAM). 

According to the information released by the Commission, the proposed combination involves the indirect acquisition by BAM of units of OCGH and OEP, and consequently, the Oaktree operating group of entities. 

Parties to the Transaction 

Brookfield Asset Management Ltd. (BAM) is a global alternative asset manager. The company is controlled by Brookfield Corporation (BN). 

OCGH and OEP are limited partnerships and form part of the Oaktree group. 

Business Activities 

The Oaktree group is engaged in the provision of alternative investment management services.