[8][9] The firm is based in Los Angeles,[10] and has more than 1,200 employees[11] in offices in 23 cities worldwide (Los Angeles; New York City; London; Hong Kong; Stamford, Connecticut, Tokyo, Luxembourg, Paris, Frankfurt, Singapore, Seoul, Beijing; Amsterdam; Dubai; Houston, Dallas, Dublin, Shanghai, Sydney, Mumbai, Madrid, Stockholm, Zurich).

[15][16] As reported in The Washington Post on June 26, 2011, Oaktree's 17 distressed-debt funds (which do not use leverage) have averaged annual gains of 19% after fees for the past 22 years.

[18][19][20] According to The Wall Street Journal, Oaktree has "long been considered a stable repository for pension-fund and endowment money.

[22] Oaktree's current investment activities are divided across three asset classes: credit, equity, and real estate.

Between 1997 and 1999, Oaktree created three new strategies: Emerging Markets Absolute Return in 1997, European High Yield Bonds in 1999, and Power Opportunities in 1999.

[30][31] In 2009, Oaktree was selected by the U.S. Treasury, along with eight other managers (BlackRock, Invesco, AllianceBernstein and others)[32] to participate in the government's Public-Private Investment Program (PPIP).

[28][35][20][9] In 2009, Oaktree acquired a 20% stake in DoubleLine Capital, a Los Angeles-based investment firm specializing in mortgage-backed fixed income portfolios.

[7] The company was previously listed on GSTrUE, a private over-the-counter exchange run by Goldman Sachs[40] which officially ceased operations[41] in 2012 after Oaktree, along with Apollo Global Management (in 2011), de-listed and moved to the NYSE.

[45] In March 2022, Oaktree acquired a majority stake in 17Capital, a private credit firm focused on NAV lending based in London.