Skip to content
Laws and sections by number or title, due dates, pages, and updates.
Brookfield Asset Management Ltd. (BAM) has proposed the indirect acquisition of units in Oaktree Capital Group Holdings, L.P. (OCGH) and Oaktree Equity Plan, L.P. (OEP). This transaction involves the acquisition of the Oaktree operating group of entities, which provides alternative investment management services. BAM, a global alternative asset manager, intends to complete this acquisition under Section 5(a) of the Competition Act, 2002. The parties have submitted that the proposed combination does not raise competition concerns in the market for asset management services in India and that the Competition Commission of India does not need to reach a firm conclusion on market delineation for the assessment.
What you must do
Who is affected
Ask about this competition order
SUMMARY OF THE PROPOSED COMBINATION Summary under Regulation 13(2) of the Competition Commission of India (Combinations) Regulations, 2024
A. Name of the parties to the proposed combination
B. Nature and purpose of the proposed combination
C. The products, services and business(es) of the Parties to the combination
(a) Acquirer
(b) Targets
D. Respective markets in which the Parties to the combination operate
The Proposed Transaction does not give rise to any competition concerns regardless of the manner in which the relevant market is delineated. In light of the above, it is submitted that the Hon’ble Commission need not reach a firm conclusion on the delineation of the relevant market for the purpose of assessing the Proposed Transaction.
On a without prejudice basis, the relevant market may be considered to be the ‘market for asset management services in India’.
