Oaktree Capital London

Based on the most helpful WSO content, Oaktree Capital Management is highly regarded, particularly for its distressed and corporate debt businesses. Here's a breakdown of insights:

Culture

• Oaktree is known for its prestige and strong reputation in the credit and distressed investing space.
• The firm has a hybrid focus between capital appreciation and distressed-for-control strategies, with a significant amount of capital to deploy in distressed opportunities.
• The culture is professional and performance-driven, with a focus on delivering results.

Compensation

• Compensation at Oaktree is competitive, especially in the distressed and corporate debt teams. It is often rated higher than peers like Ares Capital Markets but may vary depending on the specific team and role.
• The firm is considered a great combination of career advancement, compensation, and experience, particularly in its distressed business.

Interview Process

• Expect a rigorous interview process, especially for credit teams. Case studies and technical questions are likely to be part of the process.
• Given Oaktree's focus on distressed and credit investing, you should be prepared to discuss financial modeling, distressed scenarios, and credit analysis in detail.

If you're targeting a role in their credit team, make sure to brush up on your technical skills and have a solid understanding of the distressed and corporate debt markets. Good luck with your first round!

Sources: Ares Capital Management - Culture, Status, Word on the Street, https://www.wallstreetoasis.com/forum/private-equity/qa-non-target-top-bucket-ssg-private-creditdirect-lending?customgpt=1