Vice President, Legal Assets & Litigation Investing

Oaktree; New York (NY); On-site; USD 250,000 - 350,000; Full time

Job summary

Oaktree is seeking a VP-level litigation attorney to join the Value Opportunities team in New York. The role focuses on sourcing, underwriting, and managing investments dependent on litigation outcomes across public and private markets.

Success requires disciplined analysis of damages, timing, and recovery potential within a risk-managed framework. The role involves negotiating deal terms, drafting purchase and funding agreements, monitoring docket activity, and working with law firms to source

Qualifications

• The candidate will source, underwrite and manage investments whose value turns on litigation outcomes.
• The role spans public and private markets.
• Experience in distressed or value-oriented investments is a plus.

Responsibilities

• Underwrite investments in litigation-related opportunities, assess merits, damages, timing and collectability.
• Build valuation frameworks for legal outcomes and present recommendations.
• Negotiate and draft deal documents and manage transactions through closing.
• Monitor case developments and update valuations and position sizes.
• Source opportunities through relationships with law firms and claims brokers.

Skills

Litigation experience

Investment underwriting

Portfolio management

Job description

Our Company

As a part of Brookfield's $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate.

Oaktree is committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit.

For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/

Our Company

As a part of Brookfield's $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate.

Oaktree is committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit.

For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/

The Strategy

The Value Opportunities Fund ("VOF") is a >$3bn evergreen entity that was formed in 2007 as a step-out from Oaktree's flagship closed-end opportunistic credit strategy, Global Opportunities ("Opps"). The Fund invests through both long and short positions in distressed, stressed and value-oriented investments. VOF invests alongside Opps in more liquid opportunities and overlays its own underwriting with a focus on obscure situations and companies with smaller capital structures. VOF's dedicated eight-person team constructs the portfolio through a "bottom-up" process and aims to maintain a relatively concentrated set of holdings.

Responsibilities

Oaktree is seeking a litigation attorney to join the Value Opportunities team as an investment professional. The successful candidate will source, underwrite and manage investments whose value turns on the outcome of litigation, bankruptcy proceedings or other legal processes.

The role spans public and private markets.

• Litigation-driven securities. Stocks, bonds and loans of companies with hidden or misunderstood litigation assets or liabilities.
• Litigation claims and funding. Antitrust, securities and consumer class actions (including opt-in and opt-out claims), mass torts and multidistrict litigation (MDLs), mass arbitration, and commercial claims, through single-case and portfolio funding or direct claim purchases.
• Bankruptcy and insolvency. Bankruptcy claims, debtor-in-possession (DIP) financing for companies in Chapter 11, litigation and liquidating trust interests, and offshore insolvency and asset recovery cases.
• Awards, judgments and government claims. Arbitral award and judgment enforcement, including awards against sovereigns and state-owned companies, and government claims (such as tariff refunds, tax refunds, takings and government contract claims).
• Law firm and settlement finance. Loans to law firms and post-settlement and judgment receivables.

The Vice President will:

• Underwrite investments in each of these groups, assessing merits, damages, timing, collectability and settlement value, and translate that analysis into recommended buy price and expected return.
• Build valuation frameworks for legal outcomes, including probability-weighted scenarios, duration and downside protection, and present investment recommendations to the portfolio manager and investment committee.
• Negotiate and draft deal documents, including claim purchase agreements, funding agreements, DIP and law firm credit agreements, and related fee and priority arrangements, and manage transactions through closing.
• Monitor dockets, rulings and case developments across the portfolio, and update valuations and position sizing as cases progress.
• Source new opportunities through relationships with law firms, claims brokers, litigation