M/25/089 – Oaktree Capital/Lane42/EMC National Life (JV)
Transaction details
The proposed acquisition by Oaktree Capital Holdings, LLC and Lane42 Investment Partners, LLC, indirectly through Hawk Acquisition, LLC, which is owned by Avocet Partners Intermediate, LLC, of joint control of EMC National Life Company, has been notified to the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday December 24, 2025 | |
| Parties Involved | Business activities |
|---|---|
| Oaktree Capital Holdings, LLC | Oaktree Capital Holdings, LLC is a global asset management company indirectly jointly owned and controlled by Oaktree Capital Group Holdings GP, LLC and Brookfield Corporation. Oaktree Capital Holdings, LLC’s investments in the State include operational retail assets, office development assets, sites for residential development and aparthotels, as well as other distressed assets such as loan and mortgage portfolios. |
| Lane42 Investment Partners, LLC | Lane42 Investment Partners, LLC is an alternative investment management company ultimately controlled by Scott L. Graves and Affiliates of Millennium Management LLC. Lane42 Investment Partners, LLC engages in alternative investment management with a focus on opportunistic credit, distressed debt, and hybrid capital strategies. |
| Avocet Partners Intermediate, LLC | Avocet Partners Intermediate, LLC is an investment and operating platform which, following completion of the proposed transaction, will be indirectly jointly owned and controlled by Oaktree Capital Holdings, LLC and Lane42 Investment Partners, LLC. |
| Hawk Acquisition, LLC | Hawk Acquisition, LLC is a newly incorporated entity, which is owned by Avocet Partners Intermediate, LLC. |
| EMC National Life Company | EMC National Life Company is a US based insurance company, and the life insurance affiliate of EMC insurance, providing both personal and commercial life insurance coverage. |
| Economic sector | Media merger |
|---|---|
| Financial and Insurance Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, January 12, 2026 | |
| Current status: Active |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Leo Hopkins | leohopkins@ccpc.ie |
Media enquiries: communications@ccpc.ie
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