Oaktree Capital Group, LLC (NYSE:OAK) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure

On July14, 2017, Oaktree Capital Group, LLC (NYSE: OAK) (the “Company”) issued a press release announcing that Oaktree Capital Management, L.P. (“Oaktree”) and Fifth Street Management LLC have signed a definitive asset purchase agreement to which Oaktree will become the new investment adviser to two business development companies (the “BDCs”): Fifth Street Finance Corp. (NASDAQ: FSC) and Fifth Street Senior Floating Rate Corp. (NASDAQ: FSFR). A copy of the press release is attached as Exhibit 99.1 hereto.

The information in this Item 7.01 and the attached press release is “furnished” but not “filed” for purposes of Section18 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).

(d) Exhibits

Forward-Looking Statements

This Current Report contains forward-looking statements within the meaning of Section27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section21E of the Exchange Act, which reflect the current views of the Company with respect to, among other things, its future results of operations and financial performance. In some cases, you can identify forward-looking statements by words such as “anticipate,” “approximately,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “seek,” “should,” “will” and “would” or the negative version of these words or other comparable or similar words. These statements identify prospective information. Because forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed or implied and include, but are not limited to, those discussed in the Company’s filings with the SEC (including the factors listed in the item captioned “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December31, 2016, filed with the SEC on March1, 2017, which is accessible on the SEC’s website at www.sec.gov), and (i)the satisfaction of certain closing conditions specified in the definitive agreements relating to the proposed transaction, (ii)the parties’ ability to successfully close the proposed transaction and the timing of such closing, (iii)the impact of transaction expenses and potential litigation contingencies, (v)that the proposed transaction may disrupt current plans and operations of the BDCs and (vi)the possibility that competing offers or acquisition proposals related to the proposed transaction will be made.

Forward-looking statements speak only as of the date of this Current Report. Except as required by law, the Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

Oaktree Capital Group, LLC Exhibit
EX-99.1 2 d423155dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   Oaktree to Assume Management of Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp. Business Development Companies Transaction Provides Oaktree with BDC Platform with Scale LOS ANGELES,…
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About Oaktree Capital Group, LLC (NYSE:OAK)

Oaktree Capital Group, LLC (Oaktree) is a global investment manager specializing in alternative investments. 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. Its business consists of its investment management segment, which consists of the investment management services that it provides to its clients. Oaktree Capital Group Holdings GP, LLC acts as the Company’s manager and is the general partner of Oaktree Capital Group Holdings, L.P. (OCGH), which owns approximately 100% of the Company’s outstanding Class B units. OCGH is owned by the OCGH unitholders. The Company’s operations are conducted through a group of operating entities collectively referred to as the Oaktree Operating Group. The Funds managed by Oaktree include commingled funds, separate accounts and collateralized loan obligation vehicles (CLOs).