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Brookfield Finalizes Oaktree Deal, Expanding Global Credit Platform and U.S. Footprint

Tipranks - Tue Aug 4, 6:14AM CDT

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An announcement from Brookfield Asset Management Ltd. Class A ( (TSE:BAM) ) is now available.

Brookfield Asset Management has completed its acquisition of Oaktree, fully integrating one of the world’s premier credit managers into its $365 billion credit platform. The combined business now offers a broad spectrum of credit solutions, including opportunistic, real asset, asset-backed and corporate performing credit, targeted at institutions, financial advisors and individual investors.

Executives from Brookfield and Oaktree said the deal deepens a seven-year partnership rooted in disciplined, long-term investing and enhances the group’s ability to invest across market cycles. With Oaktree’s 18-country footprint and U.S.-centric operations, the transaction makes the U.S. Brookfield’s largest market by headcount and revenue, expanding its global credit reach and reinforcing its commitment to the U.S. economy while solidifying leadership roles for Howard Marks and Bruce Karsh within the combined credit platform.

The most recent analyst rating on (TSE:BAM) stock is a Buy
with a C$70.00 price target.
To see the full list of analyst forecasts on Brookfield Asset Management Ltd. Class A stock,
see the TSE:BAM Stock Forecast page.

Spark’s Take on BAM Stock

According to Spark, TipRanks’ AI Analyst, BAM is a Outperform.

The score is driven primarily by strong underlying financial performance (high profitability, strong cash generation, attractive ROE) and a supportive earnings call emphasizing growth and fundraising momentum. This is tempered by a more mixed technical picture (below longer-term moving averages) and a relatively high P/E, with added caution from increased leverage and noted credit/margin headwinds.

To see Spark’s full report on BAM stock,
click here.

More about Brookfield Asset Management Ltd. Class A

Brookfield Asset Management is a leading global investment firm with more than $1 trillion in assets under management, focusing on infrastructure, energy, private equity, real estate and credit. The firm owns and operates real assets that provide essential services worldwide, deploying long-term capital for institutional and individual clients across over 30 countries, with its shares listed in New York and Toronto.

Average Trading Volume: 1,816,106

Technical Sentiment Signal: Buy

Current Market Cap: C$111.1B

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