Brookfield Asset Management Ltd. filed a Form 8-K with the U.S. Securities and Exchange Commission on August 3, 2026, reporting the completion of its previously announced Acquisition of the remaining 26% interest in Oaktree Capital Group, bringing Brookfield's ownership to 100%.

Key Highlights

  • Transaction closed July 31, 2026: Brookfield Asset Management Ltd. and Brookfield Corporation jointly completed the Oaktree acquisition on that date.
  • Full ownership achieved: Brookfield acquired the 26% stake in Oaktree it did not already hold, resulting in 100% ownership of Oaktree.
  • Total consideration approximately $3.0 billion: The filing states the purchase price consisted of both cash and shares of Brookfield Corporation and Brookfield Asset Management Ltd.
  • Press release issued August 3, 2026: Brookfield published a press release on that date regarding the closing, attached as Exhibit 99.1 to the filing.
  • Registrant trades on NYSE as BAM: Brookfield Asset Management Ltd. Class A Limited Voting Shares are listed on the New York Stock Exchange under the ticker symbol BAM.

Brookfield and Oaktree: Full Consolidation of a Major Alternative Asset Manager

According to the filing, Brookfield Asset Management Ltd. (NYSE: BAM), incorporated in British Columbia, Canada, and headquartered at Brookfield Place, 225 Liberty Street, 8th Floor, New York, New York, operates as an alternative asset management firm. The current transaction represents the completion of a previously announced plan to consolidate full ownership of Oaktree Capital Group, a well-known credit-focused Investment manager, under the Brookfield umbrella. The filing indicates that, prior to closing, Brookfield already held a majority interest and was acquiring only the remaining 26% it did not yet own.

The filing discloses that total consideration paid in connection with the transaction was approximately $3.0 billion. That consideration was structured as a combination of cash and shares of both Brookfield Corporation ("BN") and Brookfield Asset Management Ltd. ("BAM"), according to the Item 2.01 disclosure. Both BAM and BN are identified as parties to the transaction, with the filing referring to them collectively as "Brookfield." The signing officer on the filing is Kathy Sarpash, Managing Director, Legal and Regulatory and Corporate Secretary of Brookfield Asset Management Ltd.

The filing notes that a press release dated August 3, 2026, covering the closing of the acquisition, was attached as Exhibit 99.1. No financial statements related to the acquired Business were included within this particular filing. The company's forward-looking statements, if any, are the company's own and subject to its cautionary language as outlined in its broader public disclosures.

What Was Disclosed

The filing reported the July 31, 2026 completion of Brookfield's acquisition of the 26% of Oaktree it did not previously own, bringing total ownership to 100%. Total consideration was approximately $3.0 billion, paid in a combination of cash and BAM and BN shares.