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REVENUES
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
Prior to the 2024 Restructuring, the Company earned incentive income generated by funds, for which Oaktree Capital I served as general partner. These revenues were affected by economic factors related to the asset class composition of the holdings and the contractual terms such as the basis for calculating the incentive income and investors’ ability to redeem. As a result of the 2024 Restructuring, incentive income is no longer recognized by the Company due to the deconsolidation of Oaktree Capital I. The Company’s proportionate share of incentive income earned by Oaktree Capital I is included as a component of investment income.
Incentive income revenues by fund structure are set forth below.
Three months ended September 30,Nine months ended September 30,
2025202420252024
Incentive Income
Closed-end$— $— $— $112,497 
Evergreen— — — 5,032 
Total$— $— $— $117,529 
Additionally, the Company earns investment income from the investments the Company makes in its investment in Oaktree Capital I, Oaktree funds, third-party funds and other companies. Revenues by investment types are set forth below.
Three months ended September 30,Nine months ended September 30,
Investment Income (Loss)2025202420252024
Equity-method investments:
Funds$2,723 $3,847 $(797)$27,398 
Companies36,598 21,432 43,903 20,972 
Other investments, at fair value— — — 11,663 
Total investment income$39,321 $25,279 $43,106 $60,033