Oaktree Capital Management is an asset management firm that specializes in public equity, private equity, infrastructure, real estate, fixed income markets and alternative asset markets. The firm invests in the crude petroleum, natural gas, coal, consumable fuels, environmental facilities services, cargo or container ships, consumer durables, apparel, movies, entertainment, retailing, beverages, food products, specialized finance, real estate and electric utilities sectors. It was founded in 1995 and is headquartered in Los Angeles, California.