Who are Oaktree Capital Management the new owner of Inter Milan, net worth, ownership structure and founder details

Who are Oaktree Capital Management the new owner of Inter Milan, net worth, ownership structure and founder details

Know about the new owner of Inter Milan football team, Oaktree Capital Management along with their net worth and founder

The reigning Italian football champions Inter Milan’s Chinese owners were forced to let go the team on Wednesday after they failed to complete a debt repayment of approximately 400 million euros that was due on Tuesday. 

Suning bought the majority of Inter in 2016. Over the course of the eight years that Chinese investors have controlled the team, it has continuously performed well, winning two Serie A titles and one Coppa Italia.  

The COVID-19 pandemic has had a detrimental effect on Suning, and the Chinese government has imposed limitations on sports-related travel abroad. 

Who are Oaktree Capital Management the new owner of Inter Milan, net worth and founder 

In 2021, Oaktree approved the loan for the Chinese conglomerate Suning’s Luxembourg-based company, using the club’s stake as collateral for the loan guarantee. 



This provided Oaktree the legal ability to assume management of the club in the case of a default. The compound interest rate on that loan from Oaktree to Suning was twelve percent.

The Chinese company was given an additional day yesterday to settle the loan in full; however, they failed to do so. 

A look at Oaktree Capital Management 

Oaktree Capital Management, Inc. is an American global asset management firm that specialises in alternative investment strategies and has recently taken over Inter Milan as the Serie A side’s owner. Its headquarters is based in Los Angeles, California, U.S. 

The American investment company announced that it has “assumed ownership” of the newly crowned Serie A champions. The company in a statement said that they are ‘“committed to the long-term success of the Nerazzurri.” 


Who are the founders of Oaktree Capital Management

The company was co-founded in April 1995 by a group that had worked together at the TCW Group during the 1980s. On March 13, 2019, Canada’s Brookfield Asset Management announced a deal to acquire 62% of Oaktree Capital Management for about $4.7 billion.  

Howard Marks, Bruce Karsh, Larry Keele, Richard Masson, Sheldon Stone are the founders of Oaktree Capital Management. 

Howard Marks co-founded Oaktree, which is a significant participant in the industry and manages $192 billion in assets. The firm handled $172 billion for its customers as of March 31, 2023. 


What is the net worth of Oaktree Capital Management? 

As of 2024-05-21, Oaktree Capital Management Lp’s estimated net worth is $500 million or more. Oaktree Capital Management is the 10% Owner of GT Advanced Technologies Inc and owns about 11,050,785 shares of GT Advanced Technologies Inc (GTAT) stock worth over $442 Million.

As per Forbes, the net worth of the chairman and co-founder of the company, Howard Marks, is $2.2B.