Monday, 30 March 2015
Last updated 5 hours ago
Jan 17 2007 | 11:55am ET
JPMorgan Asia-Pacific CEO Ralph Parks has joined Oaktree Capital in a similar capacity, the firm announced today. He starts on Feb. 1.
Parks, who led JPMorgan’s efforts in the region for the past five years, was named Asia-Pacific chairman, Reuters reports. Los Angeles-based Oaktree expects to have more than $1.5 billion available for p.e. investments in Asia by the end of this quarter. Parks will initially focus on China, Japan and Southeast Asia, potentially adding India next year.
Oaktree entered the Asian market in 1998 and has offices in Tokyo, Singapore, Hong Kong and Beijing.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…