Parks Named Oaktree Asia-Pacific Chairman

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.


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