Weil advised Brookfield in the completion of its acquisition of Oaktree, one of the world’s premier credit managers. The transaction marks the next step in a partnership that began in 2019 and fully brings together the Oaktree and Brookfield platforms. With the addition of Oaktree, Brookfield’s global credit platform offers a broad range of solutions across opportunistic credit, real asset credit, asset-backed finance and corporate performing credit to institutions, financial advisors and individuals.

With the acquisition of Oaktree, the U.S. becomes Brookfield Asset Management’s largest market. It is now home to over 60% of Brookfield Asset Management's employee base and the source of nearly half of its revenue.

The Weil team advising Brookfield was led by Corporate partners Alexander Miachika, Brian Parness and Amanda Fenster; Private Funds Regulatory partners Marc Schubert and David Wohl; M&A Tax practice and International and Cross-Border Tax Head Devon Bodoh; and Antitrust partners Jeff White and Neil Rigby.