Meh - Anonymous employee Oaktree Capital Management Employee Review

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.