Oaktree Special Situations 2024

Based on the most helpful WSO content, here's a breakdown comparing Oaktree's Special Situations group to their Global Opportunities fund:

• Experience: The Special Situations group at Oaktree typically deals with distressed for control situations and has historically had good returns, partly due to market beta bets. The Global Opportunities fund may have a broader mandate, potentially including a wider range of investment strategies beyond distressed situations.

• Culture: While specific details about the culture within Oaktree's Special Situations vs. Global Opportunities funds aren't provided, it's common for culture to vary between groups even within the same firm. Culture can be influenced by the types of deals, the pace of work, and the leadership within each group.

• Compensation: The context doesn't provide specific compensation figures for these groups. However, compensation in private equity can be influenced by the size of the fund, the success of the investments, and the overall performance of the firm.

• Exits: For the Special Situations group, exits are likely to be focused on credit/distressed/event-driven hedge funds rather than private equity buyout teams. The Global Opportunities fund may offer a different set of exit opportunities, potentially more varied due to the broader investment strategy.

For the most current and detailed information, it would be beneficial to network with professionals in the industry or check out the latest discussions on the WSO forums. Networking can provide real-time insights into the nuances of each group.

Sources: Current Thoughts on Opportunistic/Special Sits Groups (Oaktree Special Sits, BX TacOpps, Apollo Hybrid Value Fund, Brookfield Special Investments, KKR Special Sits), Special Situations - Oaktree, Special Sits (Oaktree SSG, GSO, KKR Special Sits, TPG Sixth Street Partner)