Brookfield Oaktree Wealth Solutions, a provider of alternative investments to financial advisers and their clients globally, has hired Johan Bark as senior vice president, head of the Nordics. Based in Stockholm, Bark will be responsible for the business development and client relationship management for independent wealth advisors, wealth managers, distribution platforms, private banks and multi-family offices in the region.
“As we continue to grow our private wealth business globally, we are pleased to have Johan on board to lead our efforts in the Nordics,” said David Levi, Brookfield Managing Partner and Head of Brookfield Oaktree Wealth Solutions. “.In the last two years, we’ve expanded our team meaningfully. With 150 people across 10 countries, all focused on bringing Brookfield and Oaktree products to the wealth segment, we are committed to partnering with financial intermediaries and providing insights and solutions to help them increase the utilization of alternatives in their clients’ portfolios.”
Ros Price, Brookfield Oaktree Wealth Solutions managing director and EMEA region head, added, “Brookfield Oaktree Wealth Solutions’ goal is to help European individual investors access the same high quality alternative investments that institutions have been allocating to for decades. The Nordic countries are a critical part of our long-term growth plans in Europe, and we are thrilled to have Johan leading this initiative in the region.”
Bark joins Brookfield Oaktree Wealth Solutions from Savills Investment Management, where he was head of client capital & asset raising in the Nordic region. Before that Bark was at BlackRock for 12 years servicing Nordic clients. Bark also spent five years at Swedbank in various roles, ultimately leading manager selection for the bank’s model-portfolio team.
Brookfield Oaktree Wealth Solutions was formally launched in April 2021 with the goal of expanding alternative investments to financial advisors and their clients globally. The platform now offers a variety of liquid, semi-liquid and private strategies across real estate, infrastructure, credit and private equity. Managing more than $850 billion in assets as of June 30, Brookfield and Oaktree together comprise one of the largest asset managers in the world.