# Oaktree Capital Management: portfolio, investments and team

> Oaktree Capital Management is a fund of funds based in United Arab Emirates. 10 investments on record, 3 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/oaktree-capital-management (Millionrounds; every figure on the page links to its filing or article)

United Arab Emirates · [Investor](https://millionrounds.com/investors)

# Oaktree Capital Management

Last cheque observed Oct 2026; 10 cheques on record.

Email

Fund of funds Deploying now New fund $1.3B, Oct 2026

Debt Series A Series B Augmented Reality Social

Follow Oaktree Capital Management and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Foaktree-capital-management)

Deploying now

**100%** of best year **3** **cheques in 12 months**, 10 on record

Since the last cheque **28** days **00** hrs **00** min **00** sec

Median round **$400M** Rounds led **1 of 10** Sole investor **2 rounds** Mostly in **United States, 67%**

Pitch Oaktree Capital Management

## Oaktree Capital Management highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Debt and Series A: 50% of its rounds
- 03 Sole investor in 2 rounds, median $72M

## What they do

> Filed 1 private fund offerings with the SEC, the most recent in 2026-09 From their own website

- **Type:** Fund of funds (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Augmented Reality Social
- **Based in:** United Arab Emirates
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **10 appearances**

- **2026** 3 rounds
- **Oct** **[Waymo](https://millionrounds.com/company/waymo)** Debt · US · Firms' own news pages **$5.0B** With 12 others
- **Jul** **[Sharon AI](https://millionrounds.com/company/sharon-ai)** Growth · AU · Ventureburn **$1.6B** With 1 other
- **Jun** **[Banco Plata](https://millionrounds.com/company/banco-plata)** Debt · MX · LatamList **$300M** With 3 others
- **2019** 1 round
- **Sept** **[Mission Lane](https://millionrounds.com/company/mission-lane)** Series A · US · Prnewswire **$500M** With 2 others
- **2018** 1 round
- **Oct** **[Assembled Brands](https://millionrounds.com/company/assembled-brands)** US · FinSMEs **$100M** Sole investor
- **2016** 1 round
- **Jan** **[Ezbob](https://millionrounds.com/company/ezbob)** **$20M** *Led*
- **2015** 1 round
- **Apr** **[EZBOB](https://millionrounds.com/company/ezbob)** Series C · GB **$45M** Sole investor
- **2014** 2 rounds
- **Apr** **[Enplug](https://millionrounds.com/company/enplug)** Seed · US **$2.5M** With 13 others
- **Jan** **[tenKsolar](https://millionrounds.com/company/tenksolar)** US **Undisclosed** With 1 other
- **2004** 1 round
- **Jun** **[Infraworks](https://millionrounds.com/company/infraworks)** Series B · US **$7.5M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

AR **Alasdair Robertson** Director of the Director i Filing they signed

AF **Ambrose Fisher** Director i Filing they signed

AL **Andrew Loeb** Director i Filing they signed

AB **Armen B. Panossian** Executive Officer of the Investment Manager. i Filing they signed

AD **Ashish Dodia** Manager i Filing they signed

BL **Barbra L. Kocsis** Executive Officer i Filing they signed

BA **Bruce A. Karsh** Executive officer of Oaktree Capital Management, L.P., the director of Oaktree Opportunities Fund VIIIb GP Ltd., the general partner of Oaktree Opportunities Fund VIIIb GP, L.P., the general partner of Oaktree Opportunities Fund VIIIb (Parallel), L.P. i Filing they signed

CL **Christina Lee** Managing Member of the General Partner i Filing they signed

DB **Dan B. Levin** Executive Officer of the Investment Manager i Filing they signed

DB **Daniel B. Levin** Executive Officer of the managing member of the general partner of the general partner of the issuer as of April 1, 2017 i Filing they signed

DM **David M. Kirchheimer** Executive officer of Oaktree Capital Management, L.P., the director of Oaktree Opportunities Fund VIIIb GP Ltd., the general partner of Oaktree Opportunities Fund VIIIb GP, L.P., the general partner of Oaktree Opportunities Fund VIIIb (Parallel), L.P. i Filing they signed

DM **David M. Kirschheimer** Executive Officer of the Non-Member Manager i Filing they signed

EL **Edward L. Truitt, Jr.** Executive Officer i Filing they signed

HS **Howard S. Marks** Executive officer of Oaktree Capital Management, L.P., the director of Oaktree Opportunities Fund VIIIb GP Ltd., the general partner of Oaktree Opportunities Fund VIIIb GP, L.P., the general partner of Oaktree Opportunities Fund VIIIb (Parallel), L.P. i Filing they signed

JA **Jay A. Wintrob** Executive Officer of Oaktree Fund GP II, L.P., the managing member of Oaktree Fund GP IIA, LLC, the general partner of the GP i Filing they signed

JG **Jay Ghiya** Executive Officer of the Investment Manager i Filing they signed

JS **Jay S. Wintrop** Executive Officer of the Director of the GP of the GP. i Filing they signed

JF **Jody Flaws** Manager i Filing they signed

JB **John B. Frank** Executive officer of Oaktree Capital Management, L.P., the director of Oaktree Opportunities Fund VIIIb GP Ltd., the general partner of Oaktree Opportunities Fund VIIIb GP, L.P., the general partner of Oaktree Opportunities Fund VIIIb (Parallel), L.P. i Filing they signed

JM **Jordan Mikes** Director i Filing they signed

JA **Julie A. Gilbert** Director i Filing they signed

KL **Karly Lancaric** Executive Officer of the Investment Manager i Filing they signed

KB **Kevin B. Clayton** Executive officer of Oaktree Capital Management, L.P., the director of Oaktree Opportunities Fund VIIIb GP Ltd., the general partner of Oaktree Opportunities Fund VIIIb GP, L.P., the general partner of Oaktree Opportunities Fund VIIIb (Parallel), L.P. i Filing they signed

LA **Lawrence A. Keele** Executive officer of Oaktree Capital Management, L.P., the director of Oaktree Opportunities Fund VIIIb GP Ltd., the general partner of Oaktree Opportunities Fund VIIIb GP, L.P., the general partner of Oaktree Opportunities Fund VIIIb (Parallel), L.P. i Filing they signed

We also hold **78** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

Who backs their funds

## 5 LPs on record in Oaktree Capital Management's funds

- **Committed:** $7.2B
- **Funds:** 30
- **Vintages:** 1995 to 2022

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2026.

- [**Washington State Investment Board** 16 funds *$2.6B*](https://millionrounds.com/fund/washington-state-investment-board) Fund Vintage Committed Oaktree Opportunities Fund XI 2020 $400M Oaktree Opportunities Fund Xb 2018 $400M Oaktree Opportunities Fund X 2015 $200M Oaktree Opportunities Fund IX 2013 $400M Oaktree Opportunities Fund VIII-B 2011 $125M Oaktree Principal Fund V 2010 $150M Oaktree Opportunities Fund VIII 2009 $125M OCM Opportunities Fund VII-B 2008 $215M and 8 more
- [**Oregon Public Employees Retirement Fund** 20 funds *$1.6B*](https://millionrounds.com/fund/oregon-public-employees) Fund Vintage Committed Oaktree Opportunities Fund XI 2020 $350M Oaktree Opportunities Fund Xb 2018 $100M Oaktree Opportunities Fund X 2015 $50M Oaktree Opportunities Fund IX 2013 $75M Oaktree European Principal Fund III 2011 $50M Oaktree Opportunities Fund VIIIb 2011 $50M Oaktree Principal Fund V 2009 $100M Oaktree Opportunities Fund VIII 2009 $50M and 12 more
- [**Minnesota State Board of Investments** 8 funds *$1.3B*](https://millionrounds.com/fund/minnesota-state-board-of-investments) Fund Vintage Committed Oaktree Special Situations Fund III 2022 $200M Oaktree Opportunities Fund XI 2020 $300M Oaktree Real Estate Debt III 2020 $200M Oaktree Real Estate Opportunities Fund VIII 2020 $200M Oaktree Special Situations Fund II 2018 $100M Oaktree Opportunities Fund Xb 2015 $100M Oaktree Opportunities Fund X 2015 $50M Oaktree Special Situations Fund 2014 $100M
- [**California Public Employees' Retirement System (CalPERS)** 2 funds *$1.2B*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed Oaktree Latigo Investment Fund 2020 $1.0B Oaktree Opportunities Fund VIIIb 2011 $200M
- [**California State Teachers Retirement System** 3 funds *$491M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Oaktree European Principal Fund III U.S. 2011 $75M OCM Opportunities Fund VIIb 2008 $300M OCM Opportunities Fund VII 2007 $116M

## Companies it bought

Acquisitions by the firm itself

**[Pulse Electronics](https://millionrounds.com/company/pulse-electronics)** **Undisclosed** Apr 2015

**Spirit Airlines** **$125M** Feb 2004

New fund on file

**$1.3B**

raised in Oct 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Debt Series A Series B

Median round joined **$400M** the round, not its cheque Alone, median **$72M**

Led 1 of 10 rounds **10%**

- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Debt *2*
- Series A *1*
- Series B *1*
- Series C *1*
- Seed *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Oaktree Capital Management put money into.

[**Waymo** $5.0B · Oct 2026](https://millionrounds.com/company/waymo)[**Sharon AI** $1.6B · Jul 2026](https://millionrounds.com/company/sharon-ai)[**Banco Plata** $300M · Jun 2026](https://millionrounds.com/company/banco-plata)[**Assembled Brands** $100M · Oct 2018](https://millionrounds.com/company/assembled-brands)

## Books by the people here

2 books written by people at Oaktree Capital Management: [Howard Marks](https://millionrounds.com/person/howard-marks).

- The Most Important Thing: Uncommon Sense for the Thoughtful Investor Howard Marks · 2011 4.32 from 17,162 ratings on Goodreads About the book "This is that rarity, a useful book."--Warren Buffett Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management… On AmazonListen on Audible
- Memo to Oaktree Clients, from Howard Marks Howard Marks · 2005 4.78 from 37 ratings on Goodreads About the book Memo Oaktree Clients, Howard Marks | 2005 | Wave Publishing Venice | Hardback with Slipcover On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list).

As an Amazon Associate we earn from qualifying purchases.

## On podcasts

1 episode naming Oaktree Capital Management in the title, and 4 more that mention it.

- [Money Maze Podcast](https://millionrounds.com/podcasts/money-maze) 13 Mar 2025 · 56 min Unlocking Investment Wisdom - With Howard Marks, Co-Founder of Oaktree Capital Management Mentions [Howard Marks](https://millionrounds.com/fund/howard-marks)[Oaktree Capital Management](https://millionrounds.com/fund/oaktree-capital-management) Apple PodcastsShow page

### Mentioned in

- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 7 Apr 2025 · 47 min Howard Marks – Navigating Private Credit (EP.439) Apple PodcastsShow page
- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 14 Nov 2024 · 55 min Churchill Asset Management's Alona Gornick - the evolution of private credit, the power of permanent capital, and the importance of the product specialist Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 4 Jan 2021 · 41 min 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021? Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 30 Mar 2020 · 26 min 20VC: Howard Marks on How COVID-19 Impacts Our Economy, Liquidity and National Debt, Why The Theory of Falling Knives and Market Bottoms is Wrong & Why The Best Investors Are Fundamentally Unemotional Apple PodcastsShow page

## Quick answers about Oaktree Capital Management

### What does Oaktree Capital Management invest in?

Oaktree Capital Management invests most often at Debt and Series A (50% of the rounds on record), in sectors such as Augmented Reality and Social.

### How active is Oaktree Capital Management?

10 investments on record, 3 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Oaktree Capital Management invested in recently?

Its most recent investments on record: Waymo (Debt, Oct 2026), Sharon AI (Growth, Jul 2026) and Banco Plata (Debt, Jun 2026).

### How big are Oaktree Capital Management's cheques?

The median round it joins is $400M.

### Does Oaktree Capital Management lead rounds?

Sometimes: it led 1 of its 10 investments on record (10%).

### Where does Oaktree Capital Management invest?

Most of the companies it backs are in the United States (67%), Australia (11%) and Mexico (11%).

### Is Oaktree Capital Management investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### What kind of investor is Oaktree Capital Management?

Oaktree Capital Management is a fund of funds based in United Arab Emirates.

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