Brookfield Corporation · NYSE:BN
Brookfield — Brookfield Asset Management — Merger or Acquisition (March 2019)
8 slides from Brookfield's merger presentation, Mar 13, 2019
Slide 1: Oaktree Acquisition
Brookfield Asset Management O AK T R E E AC Q U I S I T I O N MARCH 13, 2019
Slide 2: Transaction Summary
Transaction Summary • On March 13, 2019, Brookfield Asset Management (“BAM”) and Oaktree Capital Group (“OAK”) announced an agreement whereby BAM will acquire 62% of OAK • Holders of Oaktree Capital Group, including the founders and certain members of management and employees, will remain 38% owners
Slide 3: Transaction Benefits
Transaction Benefits • The transaction enables BAM to broaden its product offering to include a premier credit platform, providing global investors one of the most comprehensive offerings of alternative investment products • The two companies together will have $475 billion assets under management a
Slide 4: Oaktree | Company Overview
Oaktree | Company Overview $120 Billion AUM1 • A leader and pioneer in alternative asset 10% 4% 2 management with $120 billion of AUM 10% • Diversified mix of pro-and counter-cyclical strategies • Strong, risk-adjusted investment performance 76% • Loyal institutional client base • Attractive growth
Slide 5: Oaktree | Breakdown of Funds
Oaktree | Breakdown of Funds1 % of AUM % of Fee Revenue Commitment Term Incentive Income Closed-End Funds • Distressed Debt ~10 years • Private Equity 48% 59% fund term • Real Assets • Private / Alternative Credit Open-End Funds • High Yield Bonds • Convertible Securities 25% 19% ~30 days n.a. • Sen
Slide 6: Brookfield / Oaktree | Business Metrics
Brookfield / Oaktree | Business Metrics The two companies together will be one of the leading alternative asset managers with ~$475B of AUM Overall Metrics (as at December 31, 2018) OAK BAM BAM (@ 100%) (@ 100%) Post-privatization1 Assets Under Management $120bn $355bn $475bn Fee Bearing Capital $98
Slide 7: Important Additional Information and Where to Find it
Important Additional Information and Where to Find it This communication is being made in respect of the proposed merger transaction between Oaktree Capital Group, LLC (“Oaktree”) and Brookfield Asset Management Inc. (“Brookfield”). In connection with the proposed merger, Brookfield will file with t
Slide 8: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements Forward-Looking Statements and Information This communication contains “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act, and “
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