Parks Named Oaktree Asia-Pacific Chairman

Jan 17 2007 | 12:55pm 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.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...