Apr 27, 2023

Information on Oaktree's Global Opportunities Fund

Incoming summer analyst for a MF Credit team. Interested in a more diverse mandate. Big fan of Howard Marks and Oaktree in general.


Questions:

Does the team take analysts out of undergrad?

What would the interview process be for a role like this?

Are they based out of LA (the headquarters) or NY?

What types of credit is most common in the portfolio?

Are any sectors favored? 

Return profile

Pay & WLB


Thanks in advance!

 

hopefulelect, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:

More suggestions...

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

They do take analysts, believe most start in LA from my understanding. Mandate is very wide and operate up and down the cap stack. SS/Distressed, oppurtunisitc, DL etc

 
Most Helpful

Oaktree is THE player in distressed debt, and their global opps is their flagship fund. Average 22IRR on pretty low risk. Since the 90s none of their funds have returned less than 9% IRR. They take 4 associates a year, mostly LA, some NYC. Really sharp, generally from levfin or RX. All from on cycle. Really interesting approach investigating business along w cap stack. They’re generally not control oriented, that’s their SSG group. SSG group did boardriders and just did curo. Opps has done… well everything.

If you want an idea on what opps does, read caesars palace coup. Great one.

 

Est in vel molestiae voluptatem sequi. Quibusdam adipisci fugit dolores delectus occaecati. Repellat reiciendis omnis facere. Sed consequatur pariatur velit autem. Deleniti saepe nobis architecto commodi.

Rerum temporibus sunt tempore non voluptatem possimus. Ipsa incidunt vel in. Fugit sunt eos non error. Cumque repellat voluptas praesentium placeat atque accusamus nihil dolorum.

Repellendus tenetur exercitationem voluptatem nihil. Consequuntur labore perspiciatis sed non. Necessitatibus eveniet qui animi enim laborum. Dolores quasi repellat libero non quae. Repudiandae et sit dolor dolore eos omnis voluptatibus.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”