Oaktree to Present at the Goldman Sachs US Financial Services Conference on December 6, 2016

Oaktree Capital Group, LLC (NYSE: OAK) announced today that Howard Marks, Co-Chairman, and Jay Wintrob, Chief Executive Officer, will present at the Goldman Sachs US Financial Services Conference on December 6, 2016 at 10:50 AM ET.

A live audio webcast of the presentation will be available on the Unitholders section of Oaktree's website at http://ir.oaktreecapital.com/. For those unable to listen to the live audio webcast, a replay will be available on the website shortly after the event.

Please direct any questions regarding the webcast to Oaktree's Investor Relations group at [e-mail].

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with $100 billion in assets under management as of September 30, 2016. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Headquartered in Los Angeles, the firm has over 900 employees and offices in 18 cities worldwide. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/.

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Investor Relations:Oaktree Capital Group, LLCAndrea D. Williams, [e-mail]