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Oaktree Capital Management

Engaged Employer

Oaktree Capital Management reviews

3.6

49% would recommend to a friend

(206 total reviews)

Armen Panossian, Robert O’Leary and Todd Molz

66% approve of CEO

56% positive business outlook

Oaktree Capital Management has an employee rating of 3.6 out of 5 stars, based on 206 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Oaktree Capital Management employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

206 reviews
3.0
Sep 15, 2016

Managing Director

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

In general, very bright team members who work hard. Nice facilities to work in. Sharp portfolio managers in a wide variety of strategies which keeps it interesting. Still a good place for people early in their careers.

Cons

Undergoing cultural changes with founders becoming less engaged and on top of the morale. Political maneuvering is gaining importance over performance and contribution at the senior manager levels.

5.0
Jan 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Good benefits, smart people, low turnover, good work/life balance, daycare, corporate breakfast/lunches once a week, 401K matching

Cons

Long interview process, use a recruiter to get interview, salary cap for admins, firm culture changing

1.0
Aug 1, 2022

Old Guard Dominates

Recommend
CEO approval
Business Outlook

Pros

-Decent benefits, great in-office catering on certain days -World class investment manager and you'll work and meet brilliant people -Fantastic EOY holiday parties/gifts -Comp was in-line with other top alt managers but not great over time. Another review stated that Oaktree has generous compensation if we were still in the 2000s/early 2010s - agreed -On surface, highly buttoned-up corporate culture

Cons

-Slow to change, process-oriented vs results-oriented -Not focused on results that are best for internal/external constituents but rather, on creating risk-averse processes -Backstabbing/lack of ownership and at times publicly rude managerial class - Many in senior roles have been with OAK for 10-25+ years who are highly compensated. This has led to a senior managerial posse that's territorial, adversarial, and resistant. The staleness up top leaves little room for ambitious underlings to advance. -Work for the sake of work (focused on minute irrelevant details vs velocity and focusing on outcomes that matter) leading to..... - Classic finance burnout culture

Viewing 37 - 39 of 206 Reviews

Glassdoor has 238 Oaktree Capital Management reviews submitted anonymously by Oaktree Capital Management employees. Read employee reviews and ratings on Glassdoor to decide if Oaktree Capital Management is right for you.