Pros
Amazing people, amazing culture, great work-life balance. Honestly, an all-around wonderful place to work. Senior Management also appears to be genuinely committed to the company (founding members taking $1 salary and still working full-time in the office, for example) Truly an incredible experience to work at this firm, and I have the highest respect for Oaktree's business integrity and adherence to its principles.
Cons
I wish HR would be a little more employee-focused and less company-focused sometimes. Sometimes seems like HR is focused less on current employees being happy, and more on cutting corners to maximize $$ for the company. This, obviously, is perfectly fine from an operational perspective, but with a company that stresses "people first" it'd be nice to see this play out in practice. Absolutely no qualms with senior management on this; they've worked hard to enact a lot of new changes that directly benefit lower-level employees and local communities. This, I feel, is a good embodiment of Oaktree's principles, some HR policies less so.