Brookfield's Bruce Flatt and Oaktree's Howard Marks on Strategic Acquisition for Credit Expansion 00:10:00
Bruce Flatt, CEO of Brookfield Asset Management, and Howard Marks, co-founder of Oaktree Capital, discussed the strategic rationale behind Brookfield's acquisition of a majority stake in Oaktree Capital. The deal was driven by Brookfield's need to enhance its credit capabilities. In an interview with Bloomberg's Erik Schatzker on "Bloomberg Daybreak: Americas," Flatt and Marks elaborated on the synergistic benefits and the future potential of this significant partnership.