Tuesday, 27 January 2015
Last updated 3 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…