{"id":68409,"date":"2019-03-15T03:26:02","date_gmt":"2019-03-15T07:26:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68409"},"modified":"2019-03-15T03:26:02","modified_gmt":"2019-03-15T07:26:02","slug":"billionaire-trio-unites-with-brookfields-purchase-of-oaktree","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2019\/billionaire-trio-unites-with-brookfields-purchase-of-oaktree.html","title":{"rendered":"Billionaire Trio Unites With Brookfield&#8217;s Purchase of Oaktree"},"content":{"rendered":"<p>\n(Bloomberg) Brookfield Asset Management is poised to create a $475 billion investing behemoth with its deal to buy a majority of Oaktree Capital, and some of Wall Street\u2019s richest executives are joining forces as a result. Oaktree co-founder Howard Marks will sit on Brookfield\u2019s board alongside Chief Executive Officer Bruce Flatt. Both billionaires say they expect a seamless transition.<\/p>\n<p>There will be \u201cno change to either of the businesses,\u201d Flatt, 53, said in an interview Wednesday. \u201cThe overlap you see is quite small and even where there is overlap the business that we run and Oaktree runs is quite different.\u201d <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-13\/billionaire-trio-unites-with-brookfield-s-purchase-of-oaktree?srnd=premium%EF%BB%BF\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Brookfield Asset Management is poised to create a $475 billion investing behemoth with its deal to buy a majority of Oaktree Capital, and some of Wall Street\u2019s richest executives are joining forces as a result. Oaktree co-founder Howard Marks [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68409","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=68409"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68409\/revisions"}],"predecessor-version":[{"id":68410,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68409\/revisions\/68410"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}