Oaktree Capital Reviews | Glassdoor

Oaktree Capital Reviews

Updated August 18, 2017
46 reviews

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4.1
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Jay Wintrob
9 Ratings

46 Employee Reviews

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  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in Los Angeles, CA
    Current Employee - Senior Vice President in Los Angeles, CA
    Recommends
    Positive Outlook

    I have been working at Oaktree Capital full-time (More than 5 years)

    Pros

    Collegial culture and company values are second to none. People genuinely like each other and feel like family.

    Cons

    The company is still maturing and establishing processes and structures. I like that as it enables me to make my own way, but it's not for everyone.


  2. "Meh"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Oaktree Capital full-time (More than 5 years)

    Pros

    Really smart teams and people. Management is very poised and professional. Fun yearend party and summer party. Very family friendly. Excellent health insurance.

    Cons

    Until recently, they had 10 vacation days a year. Finally, they increased that to 20! Huge win. They always work on Christmas Eve and the day after Thanksgiving. It is not the kind of work environment where you feel comfortable using your vacation. People love to romanticize the "good ole days" and pretend that it is all the same at Oaktree. But those days are LOOONG gone. I feel like they are walking around pushing that same tired story and doing things the way they have always been done. But that is NOT going to cut it in this business environment. They need more employee-friendly practices, and to quit being afraid to change. Their entire investment strategy is to avoid risk, and they apply that to absolutely everything. Per Mark Zuckerburg, not taking risks in this business environment is the riskiest thing you can do. They need a full revamp of their brand and a facelift on their identity.

    Oh yeah, and very little opportunity for movement. But they will work the heck out of you.

    Advice to Management

    Evolve.

  3. "Senior VP Private Equity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President Private Equity in Los Angeles, CA
    Former Employee - Senior Vice President Private Equity in Los Angeles, CA
    Recommends
    No opinion of CEO

    I worked at Oaktree Capital full-time (More than 10 years)

    Pros

    Excellent compensation and benefits. Collegial culture.

    Cons

    Requirement to take part of annual bonus in Oaktree stock that vests over time and is restricted.


  4. "Was a Great Place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Oaktree Capital full-time

    Pros

    Great benefits and compensation. WOrk life balance is amazing

    Cons

    very very political. But if you are on the winning side, be prepared for raises

    Advice to Management

    Everyone hates change. Dont punish those who bring about good change.


  5. Helpful (5)

    "OCM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Oaktree Capital full-time (More than 5 years)

    Pros

    Good experienced people work here.

    Cons

    With morale and compensation, OCM is about to lose those good people.


  6. Helpful (2)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Oaktree Capital full-time (More than a year)

    Pros

    Amazing people, amazing culture, great work-life balance. Honestly, an all-around wonderful place to work.

    Senior Management also appears to be genuinely committed to the company (founding members taking $1 salary and still working full-time in the office, for example)

    Truly an incredible experience to work at this firm, and I have the highest respect for Oaktree's business integrity and adherence to its principles.

    Cons

    I wish HR would be a little more employee-focused and less company-focused sometimes. Sometimes seems like HR is focused less on current employees being happy, and more on cutting corners to maximize $$ for the company. This, obviously, is perfectly fine from an operational perspective, but with a company that stresses "people first" it'd be nice to see this play out in practice. Absolutely no qualms with senior management on this; they've worked hard to enact a lot of new changes that directly benefit lower-level employees and local communities. This, I feel, is a good embodiment of Oaktree's principles, some HR policies less so.

    Advice to Management

    Continue to set up meetings and lunches with low-level employees. They're some of the most memorable experiences, and instill enthusiasm and loyalty to the Oaktree brand.


  7. Helpful (2)

    "Marketing Ops Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA

    Pros

    Excellent benefits, collegiate environment, open to new ideas and processes

    Cons

    Working in the back office of marketing is always tough as you are seen as a non-income producing person.

  8. Helpful (2)

    "Top Talent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - High quality, talented professionals at every level
    - Family friendly culture
    - Comfortable, beautiful office space (LA office)

    Cons

    - Management mostly consists of those who did the best WORK in their grunt positions...NOT necessarily those that are best at managing and leading people
    - Upward mobility is limited in most departments for those at entry/junior levels

    Advice to Management

    Cultivate the talent within.


  9. "Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Smart people, great benefits, compensation is good

    Cons

    Personally found work not impactful/interesting


  10. Helpful (4)

    "Managing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    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.


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