<SEC-DOCUMENT>0001181431-12-045486.txt : 20120814
<SEC-HEADER>0001181431-12-045486.hdr.sgml : 20120814
<ACCEPTANCE-DATETIME>20120814170443
ACCESSION NUMBER:		0001181431-12-045486
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120813
FILED AS OF DATE:		20120814
DATE AS OF CHANGE:		20120814

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WHITTINGTON MARNA C
		CENTRAL INDEX KEY:			0001227918

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35500
		FILM NUMBER:		121034076

	MAIL ADDRESS:	
		STREET 1:		2959 BARLEY MILL ROAD
		CITY:			YORKLYN
		STATE:			DE
		ZIP:			19736

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Oaktree Capital Group, LLC
		CENTRAL INDEX KEY:			0001403528
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		(213) 830-6300

	MAIL ADDRESS:	
		STREET 1:		333 SOUTH GRAND AVENUE
		STREET 2:		28TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd353362.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2012-08-13</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001403528</issuerCik>
        <issuerName>Oaktree Capital Group, LLC</issuerName>
        <issuerTradingSymbol>OAK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001227918</rptOwnerCik>
            <rptOwnerName>WHITTINGTON MARNA C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O OAKTREE CAPITAL GROUP, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>333 SOUTH GRAND AVE, 28TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>LOS ANGELES</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90071</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Units</value>
            </securityTitle>
            <transactionDate>
                <value>2012-08-13</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>38</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4423</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <remarks>Exhibit 24 - Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Richard Ting, Attorney-in-fact</signatureName>
        <signatureDate>2012-08-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.
<SEQUENCE>2
<FILENAME>rrd317067_358289.htm
<DESCRIPTION>POWER OF ATTORNY
<TEXT>
<HTML>
<HEAD>
<TITLE>
rrd317067_358289.html
</TITLE>
</HEAD>
<BODY>
<PRE>
                               POWER OF ATTORNEY

     The undersigned hereby appoints Todd Molz, Richard Ting, Emily Alexander,
Lisa Arakaki, Brian Beck, Martin Boskovich and Jeffrey Joseph, and any of them
acting alone, the attorneys-in-fact (collectively, the "Attorneys-in-Fact" and
individually an "Attorney-in-Fact") of the undersigned for the purpose of
executing in the undersigned's name, in the undersigned's individual capacity or
in any other capacity, including, without limitation, as applicable, in the
undersigned's capacity as a director, officer, principal, member or partner of
or in other capacities with Oaktree Capital Group, LLC, a Delaware limited
liability company ("OCG"), Oaktree Capital Group Holdings GP, LLC, a Delaware
limited liability company ("OCGH GP"), or Oaktree Capital Group Holdings, L.P.
("OCGH"), a Delaware limited partnership, to comply with the U.S. Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and the U.S. Securities
Act of 1933, as amended (the "Securities Act"), and any requirements of the U.S.
Securities and Exchange Commission (the "SEC") in respect thereof, (i) all
documents, certificates, instruments, notices, statements, agreements and other
filings relating to the ownership, beneficial or otherwise, of securities of
OCG, OCGH GP, OCGH or any of their subsidiaries or affiliates ("documents") that
the undersigned may be required to file pursuant to Section 13(d), Section 13(f)
or Section 16(a) of the Exchange Act, including, without limitation, any report
or statement on Schedule 13D, Schedule 13G, Form 13F, Form 3, Form 4 or Form 5,
or any amendment thereto; (ii) any report or notice required under Rule 144 of
the Securities Act, including, without limitation, Form 144, or any amendment
thereto; and (iii) any and all other documents that may be necessary or
appropriate in connection with or in furtherance of any of the foregoing,
including, without limitation, Form ID, or any amendments thereto, and any other
documents necessary or appropriate to obtain codes and passwords enabling the
undersigned to make electronic filings with the SEC of reports required pursuant
to Section 13(d) or Section 16(a) of the Exchange Act or any rule or regulation
of the SEC, such power and authority to extend to any form or forms adopted by
the SEC in lieu of or in addition to any of the foregoing; in each case, as
determined by such Attorney-in-Fact to be necessary or appropriate. Any such
determination shall be conclusively evidenced by such Attorney-in-Fact's
execution, delivery, furnishing and/or filing of the applicable document.

     All past acts of the Attorneys-in-Fact in furtherance of the foregoing are
hereby ratified and confirmed.

     This power of attorney shall remain in effect from the date hereof until
the date revoked by the undersigned in a signed writing delivered to the
Attorneys-in-Fact, and this power of attorney does not revoke or replace any
other power of attorney that the undersigned has previously granted.

     IN WITNESS WHEREOF, I have hereunto set my hand this 5th day of July, 2012.

                                         /s/ Marna C. Whittington
                                         ---------------------------------------
                                         Name: Marna C. Whittington

</PRE>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
