The firm also reports that it’s focusing more on senior and one-stop loans, avoiding junior debt and emphasizing a time for more caution.
3 min read · 11 February 2015
The firm’s executives remain optimistic about growth in some of its newer funds, as well as investing in credit and stressed energy companies, despite the fall in earnings.
2 min read · 10 February 2015
Poor performance in its distressed strategies in 2014 has not put Oaktree off and the firm is days from the first close of its $10 billion new distressed funds, Opportunities X and Xb.
2 min read · 10 February 2015
The BDC, which has been winding down its assets, announced that was exploring options to maximise shareholder value, including a sale.
1 min read · 09 February 2015
Overall economic net income at Leon Black’s alternative investment firm declined by an even larger degree than the credit unit, while assets remained flat.
2 min read · 09 February 2015
The Chinese property developer narrowly avoided default on its offshore debt following a purchase offer by Sunac China Holdings.
2 min read · 09 February 2015
Nobody wants to concentrate on the bad deals, but private credit funds need to be open and clear about default rates if they are to become a credible and long-term part of the financing markets.
3 min read · 06 February 2015
Project Gobi will be revealed to prospective bidders at the end of the week.
2 min read · 05 February 2015
Large US public funds are writing large checks to private debt managers for dedicated energy strategies.
2 min read · 05 February 2015
The approximately $100 million remaining investments were mainly soured ABL stakes that had been turned into equity investments and handed over to a PE work-out manager.
3 min read · 05 February 2015
