DEBT OBLIGATIONS AND CREDIT FACILITIES (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt Obligations

The offering closed on June 8, 2022, and Oaktree Capital I received proceeds of €200 million on the closing date.

	As of
	March 31, 2023		December 31, 2022
Senior unsecured notes
€50,000, 2.20%, issued in June 2022, payable on June 8, 2032	$	54,566	$	53,362
€75,000, 2.40%, issued in June 2022, payable on June 8, 2034	81,847		80,044
€75,000, 2.58%, issued in June 2022, payable on June 8, 2037	81,847		80,044
Total remaining principal	218,260		213,450
Less: Debt issuance costs	(1,220)		(1,255)
Total debt obligations, net	$	217,040	$	212,195

The Company’s maximum exposure to these debt obligations is set forth below:

	As of
	March 31, 2023		December 31, 2022
Senior unsecured notes
$50,000, 3.91%, issued in September 2014, payable on September 3, 2024	$	50,000	50,000
$100,000, 4.01%, issued in September 2014, payable on September 3, 2026	100,000		100,000
$100,000, 4.21%, issued in September 2014, payable on September 3, 2029	100,000		100,000
$100,000, 3.69%, issued in July 2016, payable on July 12, 2031	100,000		100,000
$250,000, 3.78%, issued in December 2017, payable on December 18, 2032	250,000		250,000
$200,000, 3.64%, issued in July 2020, payable on July 22, 2030	200,000		200,000
$50,000, 3.84%, issued in July 2020, payable on July 22, 2035	50,000		50,000
$200,000, 3.06%, issued in November 2021, payable on January 12, 2037	200,000		200,000
Total remaining principal	$	1,050,000	$	1,050,000

Schedule of Collateralized Loan Obligation

The consolidated funds had the following debt obligations outstanding:

	Outstanding Amount as of				Key terms as of March 31, 2023
Credit Agreement	March 31, 2023		December 31, 2022		Facility Capacity		Effective Interest Rate	Weighted Average Remaining Maturity (years)	Commitment Fee Rate	L/C Fee
Revolving credit facilities (1)	$	699,053	$	1,000,859	$	1,142,742	6.40%	0.4	0.20%	1.60%
Total debt obligations	$	699,053	$	1,000,859
Less: Debt issuance costs (2)	(1,041)		(1,972)
Total debt obligations, net	$	698,012	$	998,887

(1)    The credit facility capacity is calculated on a pro rata basis using fund commitments as of March 31, 2023.

(2)    Debt issuance costs are included in other assets as of March 31, 2023 and December 31, 2022.