CCI Unconditionally Approves Brookfield’s Move To Sole Control Of Oaktree

Combination Registration No. C-2026/04/1415, Brookfield Asset Management Ltd., Brookfield Wealth Solutions Ltd. (‘BWS’), Atlas Top Sub I Splitter LP, Exchange LP, Oaktree Capital Group Holdings, L.P. (‘OCGH’), and Oaktree Equity Plan, L.P. (‘OEP’)

Proposed Transaction

Brookfield is a global investment firm active across asset management, renewable power and transition, infrastructure, private equity, and other sectors. Oaktree is a global alternative investment management firm. Oaktree’s principal investment focus is on corporate credit strategies. BWS, an investment-led insurance organisation, has no presence or operations in India.

Prior to the proposed transaction, Brookfield had approximately 74% economic interests and approximately 22% voting interests in the Oaktree Operating Companies, together with joint control of their general partners. Post the proposed transaction, Brookfield would acquire the remaining interests in OCGH and OEP, increasing its economic and voting