Oaktree Capital traded at $21.04 this Friday April 17th, increasing $0.22 or 1.06 percent since the previous trading session. Looking back, over the last four weeks, Oaktree Capital gained 1.82 percent. Over the last 12 months, its price rose by 3.65 percent. Looking ahead, we forecast Oaktree Capital to be priced at 20.36 by the end of this quarter and at 19.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
Oaktree Capital Group, LLC (Oaktree) is a United States-based company. The Company operates through investment management segment, which consists of the investment management services that the Company provides to its clients. The Company manages investments in a range of strategies within approximately six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities. The Funds managed by Oaktree include commingled funds, separate accounts and collateralized loan obligation vehicles (CLOs). The commingled funds include open-end and closed-end limited partnerships in which it makes an investment and for which it serves as the general partner. CLOs are structured finance vehicles in which the Company typically makes an investment and for which it serves as collateral manager. Its clientele includes the United States pension plans and corporations and/or their pension funds.