- Q1 adjusted net income of $155.3M or $0.85 per share vs. $246.9M and $1.46 one year ago, thanks to lower incentive income from annual tax-related distributions. Distributable income of $140.5M or $0.81 per share vs. $233.1M and $1.41 a year ago.
- Economic net income - which measures incentive income based on market values of funds, thus unaffected by tax-related distributions - of $228.9M or $1.28 per share vs. $227.2M and $1.34 a year ago.
- AUM of $99.9B vs. $86.2B. Management fee-generating AUM of $78.5B vs. $74B. Uncalled capital commitments of $17.2B vs. $12B.
- Conference call at 11 ET
- Previously: Oaktree Capital Group beats by $0.20, beats on revenue (April 30)
- OAK flat premarket