Oaktree Fund Advisors, Llc
- Regulatory AUM
- $14.1B
- Discretionary
- $14.1B
- Clients
- 16
- Avg AUM / client
- $881M
- Accounts
- 14
- Employees
- 451
AUM over time
Annual snapshots from Form ADV filings · as of Jul 28, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 10 | $1.6B | 11.2% |
| Business development companies | 3 | $12.4B | 87.7% |
| Pooled investment vehicles (non-investment companies) | 3 | $154M | 1.09% |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Frank, John, Bernkopf | Vice Chairman | Sep 2017 (9y) | Less than 5% | |
| Karsh, Bruce, Allen | Co Chairman, Chief Investment Officer | Sep 2017 (9y) | Less than 5% | |
| Levin, Daniel, Dane | Principal And Chief Financial Officer | Sep 2017 (9y) | Less than 5% | |
| Marks, Howard, Stanley | Co Chairman | Sep 2017 (9y) | Less than 5% | |
| Stone, Sheldon, Michael | Principal | Sep 2017 (9y) | Less than 5% | |
| Vencatachellum, Rodney, Parama | Managing Director And Chief Compliance Officer | Sep 2017 (9y) | Less than 5% | |
| Molz, Todd, Emmet | Chief Operating Officer | Mar 2024 (2y) | Less than 5% | |
| O'leary, Robert, J | Co Ceo | Mar 2024 (2y) | Less than 5% | |
| Panossian, Armen, Ryan | Co Ceo | Mar 2024 (2y) | Less than 5% | |
| Ting, Richard, Kwang Pei | General Counsel | Mar 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Oaktree Capital Ii, L.P. (Manager Series) | Managing Member | Sep 2017 | A | 75% or more |
| Oaktree Capital Holdings Llc | Managing Member | Sep 2019 | B | 75% or more of Oaktree Capital Ii, Gp Llc (indirect) |
| Oaktree New Holdings Llc | Member | Sep 2019 | B | 75% or more of Oaktree Capital Holdings Llc (indirect) |
| Atlas Holdings Ii Llc | Member | Sep 2019 | B | 75% or more of Oaktree New Holdings Llc (indirect) |
| Brookfield Us Inc. | Member | Dec 2022 | B | 75% or more of Atlas Top Llc (indirect) |
| Brookfield Us Holdings Inc. | Shareholder | Nov 1994 | B | 75% or more of Brookfield Us Inc. (indirect) |
| Brookfield Corporation | Shareholder | Dec 2022 | B | 75% or more of Brookfield Asset Management Ulc (indirect) |
| Atlas Subco Holdings Llc | Member | Dec 2022 | B | 75% or more of Atlas Holdings Ii Llc (indirect) |
| Atlas Top Llc | Member | Dec 2022 | B | 75% or more of Atlas Subco Holdings Llc (indirect) |
| Brookfield Asset Management Ulc | Shareholder | Dec 2022 | B | 75% or more of Brookfield Us Holdings Inc. (indirect) |
| Oaktree Capital Group Holdings, L.P. | Limited Partner | Sep 2017 | B | ≈ 18.75% – 50% via Oaktree Capital Ii, L.P. (Manager Series) |
| Brookfield Asset Management Ltd. | Shareholder | Dec 2022 | B | 25% – 50% of Brookfield Asset Management Ulc (indirect) |
| Oaktree Capital Group Holdings Gp, Llc | General Partner | Sep 2017 | B | GP / trustee / elected manager of Oaktree Capital Group Holdings, L.P. (indirect) |
| Oaktree Capital Ii, Gp Llc | General Partner | Sep 2019 | B | GP / trustee / elected manager of Oaktree Capital Ii, L.P. (Manager Series) (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Oaktree Capital Group Holdings, L.P.: 25% – 50% of Oaktree Capital Ii, L.P. (Manager Series) × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.51 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 28, 2026.
View current Form ADV (SEC/IAPD) ↗