Brookfield Oaktree Holdings Files 8-K

TL;DR

Brookfield Oaktree Holdings filed an 8-K on July 1, 2024, reporting a material definitive agreement.

AI Summary

On July 1, 2024, Brookfield Oaktree Holdings, LLC filed an 8-K report detailing a material definitive agreement. The filing also includes other events and financial statements and exhibits. The company is incorporated in Delaware and its principal executive office is located at 333 South Grand Avenue, Los Angeles, CA.

Why It Matters

This filing indicates a significant event or agreement for Brookfield Oaktree Holdings, LLC, which could impact its business operations and financial standing.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report and does not contain information suggesting immediate or significant risk.

Key Players & Entities

• Brookfield Oaktree Holdings, LLC (company) — Registrant
• July 1, 2024 (date) — Date of earliest event reported
• 333 South Grand Avenue, 28th Floor, Los Angeles, CA 90071 (location) — Principal executive office address
• Oaktree Capital Group, LLC (company) — Former company name

FAQ

Filing Documents

• oak-20240701.htm (8-K) — 37KB
• exhibit101-oaktreecapitali.htm (EX-10.1) — 650KB
• 0001403528-24-000036.txt ( ) — 946KB
• oak-20240701.xsd (EX-101.SCH) — 2KB
• oak-20240701_def.xml (EX-101.DEF) — 16KB
• oak-20240701_lab.xml (EX-101.LAB) — 28KB
• oak-20240701_pre.xml (EX-101.PRE) — 16KB
• oak-20240701_htm.xml (XML) — 4KB

01

Item 1.01 Entry into a Material Definitive Agreement. The information contained in Item 8.01 of this Current Report on Form 8-K is incorporated herein by reference.

01

Item 8.01 Other Events. On July 1, 2024, an internal reorganization (the "2024 Restructuring") was effected whereby, among other things, the General Partner of Oaktree Capital I, L.P. ("Oaktree Capital I") was changed from Brookfield OCM Holdings II, LLC to Oaktree Capital I GP, LLC, a newly formed subsidiary of Oaktree Capital Holdings, LLC, pursuant to the entry by Oaktree Capital I and the other parties thereto into the Sixth Amended and Restated Limited Partnership Agreement of Oaktree Capital I (the "New Cap I LPA"). In connection with the execution of the New Cap I LPA, Brookfield Oaktree Holdings, LLC (the "Company") confirmed its approval of and consent to the replacement of the General Partner of Oaktree Capital I in accordance with Section 8.07(a) of the Fifth Amended and Restated Limited Partnership Agreement of Oaktree Capital I. The foregoing description of the New Cap I LPA is qualified in its entirety by reference to the full text of the New Cap I LPA, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated in this Item 8.01 by reference. Also in connection with the 2024 Restructuring, (i) Brookfield OCM Holdings II, LLC remains a limited partner of Oaktree Capital I and retains its economic interest therein, (ii) Oaktree Capital Group Holdings, L.P. continues to hold all of the Class B common units of the Company and retains its right to designate members of the Board of Directors of the Company (the "Board") and (iii) Brookfield Corporation continues to indirectly hold all of the Class A common units of the Company and retains its right to designate members of the Board. The 2024 Restructuring did not have an economic impact on the Company.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Sixth Amended and Restated Limited Partnership Agreement of Oaktree Capital I, L.P. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized. BROOKFIELD OAKTREE HOLDINGS, LLC By: /s/ Daniel D. Levin Name: Daniel D. Levin Title: Chief Financial Officer and Secretary Date: July 1, 2024

View Full Filing

View this 8-K filing on SEC EDGAR